ARTICLES & INSIGHTS
PayX examines the forces reshaping payments and digital finance, with a particular focus on Africa, real-world use cases and economic impact.
PUBLICATIONS
A levy equal to 0.2% of a transfer’s value can raise the user’s total price by about 19.5% when the original service fee is low. Drawing on evidence from Cameroon, the Central African Republic, Mali and other African markets, PayX explains why the tax base, exemptions and operational controls matter more than the headline rate alone.
6 MIN READ
Interswitch has announced a tokenisation infrastructure with GTBank, Wema Bank, ProvidusUnity, Zenith and FirstBank. The step is important, but it does not make mobile contactless payments universal on its own: eligible cards, wallets, NFC devices, merchant terminals and performance evidence still matter.
5 MIN READ
The Bank of Ghana says PAPSS has been extended to wallets on the Ghana-Nigeria corridor, while wider tests also cover bank accounts, stablecoins and central bank digital currencies. The next challenge is to prove that the service is accessible, transparent and operationally reliable for real users.
5 MIN READ
Mukuru Account & Card brings together Mukuru, Bank Zero, Paymentology and Mastercard. PayX examines what the shift from prepaid card to transactional account changes in practice: deposit protection, EFT access, fees, migration, operational ownership and incident management.
6 MIN READ
Ghana recorded 1.046 billion mobile money transactions in August 2026, worth GH¢518.8 billion. The record confirms the market’s scale, but the composition of flows shows why transaction volume, merchant usage, inclusion and profitability should not be treated as the same measure.
4 MIN READ
Remita has launched a Nigerian consumer app that displays multiple bank accounts in one dashboard and announces transfers to other African countries through PAPSS. PayX separates the single interface from the actual payment chain and identifies the evidence still needed.
5 MIN READ
BCG estimates that payments revenue in the Middle East and Africa could reach $150 billion by 2030. PayX examines what the forecast actually means for African banks, fintechs, PSPs and merchants.
5 MIN READ
Kenya is consulting on a wholesale overhaul of its payment law. Beyond licensing, the draft would make interoperability enforceable, require reporting of outages and reconciliation breaks, protect wallet funds and prepare for open finance. PayX examines what would change in practice and what still depends on future regulations.
6 MIN READ
Airtel Money is reportedly considering raising at least £600 million in London, down from an initial target of up to £1.5 billion. PayX examines what the revision reveals about how investors value a fast-growing African mobile money platform.
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