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.

Centenary Bank has launched Gonza Pay, a secure digital wallet aimed at enhancing financial transactions in Uganda. This initiative comes as the country experiences significant growth in digital financial services, despite a continued reliance on cash among many citizens, according to TechJaja.

Kenya’s tourism sector has long relied on separate payment systems for hotels and safari lodges while smaller traders lagged behind, according to Kachwanya. The article says smartphones are increasingly being used as payment devices, narrowing the gap between formal tourism businesses and informal merchants. It frames the shift as extending digital payments beyond older setups toward mobile tools used across lodges and local trade.

According to Vanguard, technology has significantly transformed financial transactions in Nigeria, allowing individuals to conduct activities such as sending money, paying bills, and purchasing airtime via mobile phones without needing to visit a bank. This shift towards digital financial services is exemplified by OPay, which is playing an increasing role in facilitating access to these services as the economy becomes more digital.

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.

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.