This mobile payment infrastructure provides a pathway for international businesses to accept transactions in the African continent. DusuPay addresses the 80% of African adults who prefer to pay via mobile banking over bank cards and bridging resulting problems.
DusuPay makes it easier for global enterprises to do business in more than one African country. Most countries in Africa have multiple prominent banks and monetary services and national borders and telecom provider issues have further complicated matters. This mobile payment infrastructure removes bottlenecks and integrates multiple payment methods including credit and debit cards, Bitcoin and PayPal.
The startup initially launched in Uganda and now has a presence in Cameron, Ghana, Kenya, Tanzania and other African countries. DusuPay has also expanded into developing markets in India and the Philippines.
African Payment Startups
DusuPay Improves Mobile Payment Infrastructure Across African Nations
Trend Themes
1. Mobile Payment Infrastructure - DusuPay improves mobile payment infrastructure across African nations, providing a pathway for international businesses to accept transactions in the continent.
2. Mobile Banking Preference - DusuPay addresses the 80% of African adults who prefer to pay via mobile banking over bank cards and bridges resulting problems.
3. Integration of Multiple Payment Methods - DusuPay integrates multiple payment methods including credit and debit cards, Bitcoin and PayPal, removing bottlenecks and improving convenience.
Industry Implications
1. Fintech - The fintech industry can leverage DusuPay's mobile payment infrastructure to tap into the African market and streamline cross-border transactions.
2. E-commerce - E-commerce companies can benefit from DusuPay's integration of multiple payment methods, providing convenient and secure payment options for African customers.
3. Global Expansion - DusuPay's expansion into developing markets in India and the Philippines presents opportunities for businesses in various industries to expand their reach.