Businesses across Africa have been reaping the benefits of technological advancements in payment systems. Because of these shifts in financial technology, businesses across the continent now have the opportunity to grow faster.
The digital revolution has opened African businesses to the world, allowing them to participate in global economic activities.
Despite this digital revolution, many challenges are still confronting the B2B payment space. Most businesses are still dependent on in-person processes and time-consuming and expensive transaction methods to make B2B payments.