Equity Mobile has introduced QR Code Payments to enhance the efficiency of mobile banking transactions. This new feature allows customers to send, receive, and request money without the need to manually enter phone numbers or account details, thereby reducing transaction time and minimizing errors. The expansion of QR payments aims to simplify the overall user experience in mobile banking.

Paymentology has facilitated the launch of Africa's first mobile-money Tap-to-Pay feature in collaboration with Vodacom Tanzania Plc and M-Pesa Africa. This initiative aims to enhance mobile payment options across the continent.

According to CIO Africa, Africa's payments landscape is evolving into a new phase that goes beyond mere digital transactions, focusing on the development of intelligent and interconnected financial ecosystems. This shift indicates a significant transformation in how financial services are delivered and utilized across the continent.

M-Pesa is collaborating with Visa and Onafriq to pilot stablecoin payments in the Democratic Republic of Congo (DRC). This initiative is part of a broader discussion on financial technology developments, which also includes the Central Bank of Nigeria revoking licenses for several banks and Zain's expansion into Syria after MTN's exit, according to Techpoint Africa.

Visa, along with First National Bank (FNB) and Rand Merchant Bank (RMB), is focusing on the corporate cash market, following the trend of South Africans adopting digital payment methods at retail locations. The companies believe that businesses will increasingly move towards digital transactions, similar to consumer behavior.

Co-op Bank is preparing to launch Visa Accept in Kenya, which will enable traders to convert their mobile phones into card terminals. This initiative is expected to facilitate card payments among traders, but it will not replace the existing M-Pesa mobile payment system.