SYS-CON MEDIA Authors: Mat Mathews, PR.com Newswire, David Smith, Tim Crawford, Kevin Benedict

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Research and Markets: African Payments Markets, 2014

Research and Markets (http://www.researchandmarkets.com/research/gf2vzg/african_payments) has announced the addition of the "African Payments Markets, 2014" report to their offering.

When companies are looking at regions for overseas investment, Africa generally comes in last in terms of overall attractiveness. On the surface, it is easy to understand the payments industry's reluctance to invest heavily in Africa. But Africa is a continent filled with potential for e-payments and within the next three to five years, the global payments industry will increasingly look to Africa as a major source of future sustained e-payment growth.

Africa faces similar challenges to those of other world regions that have many developing economies, like improving financial inclusion and developing a wide network of e-payment acceptance. However, many markets across Africa have already made strides to overcome these hurdles and are enjoying robust growth. How rapidly the remaining markets are able to accomplish similar goals will determine whether the continent becomes a hub of e-payment growth and innovation internationally in the near and intermediate future.

This new report, African Payments Markets, 2014, provides an overview of the African payments landscape, with estimates on account ownership, payment card penetration, branch and ATM use, mobile payment use and the continent's e-commerce potential in the years to come. In addition, the report details recent and proposed payment technology and innovation developments across Africa.

Key Topics Covered:

Executive Summary

Introduction

DDA Ownership Across Africa

Payment Card Penetration Across Africa

EMV Migration

National Payment Networks

Electronic Payment Use in Africa

Real-Time Payments

Branch Access in Africa

Branch Innovation

ATM Access in Africa

The Promise of Mobile

Mobile Payment Use

NFC in Africa

E-Commerce

Beyond E-Commerce

Conclusions

Endnotes

For more information about this report

Companies Mentioned:

  • BankservAfrica
  • EcoCash
  • Ecobank
  • Equity Bank
  • First National Bank
  • Grindrod Bank
  • MasterCard
  • Multicaixa
  • Standard Bank
  • United Bank for Africa
  • Vodafone
  • iKaaz

For more information visit http://www.researchandmarkets.com/research/gf2vzg/african_payments

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