Africa leads the way in terms of mobile payments in the world, and in relation to Europe-to-Africa money transfers, the ability to comply with PSD2 and GDPR could open new opportunities and would most likely be more achievable than complying with different local legal frameworks in Europe.

Africa is the leading continent in mobile money with over 60% of the world’s mobile payment accounts located south of the Sahara.

Mobile money in Africa

Mobile money allows payments and transfers with a mobile phone, without a bank account or internet connection.

Highest global cost

Expanding to Europe for transfers from Europe?

Exporting GDPR and PSD2