MTN MoMo to Revolutionize Payments with PayShap Partnership
- Partnership for Progress: MTN SA collaborates with Investec to introduce PayShap, a real-time payment service, to its MoMo platform, marking a significant step towards transforming the mobile payment landscape in South Africa.
- Financial Inclusivity: The integration of PayShap into the MoMo platform aims to serve the unbanked population by providing accessible and low-fee mobile banking services, emphasizing MTN’s commitment to fostering financial inclusion.
- Innovative Collaboration: With Investec as the banking sponsor and Electrum providing technical expertise, the partnership draws inspiration from successful global models, heralding a future where digital payments revolutionize financial accessibility and efficiency in South Africa.
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