Blog

Mobile payments

Mobile payments are on the rise, but are they safe?

  • 111
    Shares
 October 30, 2017
Mobile Payment App

Estimated reading time: 4 minutes

Several non-banking institutions have entered the market offering payment services and this has only boosted the consumer’s readiness to adopt digital payments; particularly, mobile payments. The following statistics easily paint a picture of the exponential growth of digital transactions in the country. Cashless payments in October 2016 increased 22% when...