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 is enhancing its digital payments ecosystem by introducing new features for Visa Accept and Visa Direct, which allow small businesses to use smartphones for receiving payments and sending real-time payouts without the need for additional payment hardware. These updates are specifically designed to support micro, small, and medium-sized businesses in emerging markets, according to TechTrends KE.

Kenya has solidified its status as a leading digital financial market, bolstered by widespread mobile money adoption and a growing cashless payment ecosystem. The mobile merchant payments sector has seen consistent growth, primarily fueled by Safaricom's Lipa na M-Pesa platform, which has significantly enhanced mobile retail transaction volumes.

Vodacom's FY2026 integrated report highlights the evolution of its My OneApp, which aims to create a super app ecosystem in Kenya. This development follows the success of Safaricom's M-PESA, which has transformed mobile money services from basic transfers to a comprehensive economic platform. My OneApp is set to incorporate 221 mini apps and has already attracted 9.4 million users, marking a significant shift in mobile financial services.

Vodacom M-Pesa Tanzania has announced a new partnership with PayPal that will enable customers in Tanzania to easily transfer funds between the two platforms. This collaboration aims to enhance financial transactions for users in the country.