Live Breaking News & Updates on Single Retail Payments Policy

The East African
Wednesday February 03 2021
Mr. Marday Venkatasamy, Chairman, COMESA Business Council, speaks during the CBC-TDB high-level public-private dialogue held in Kigali, Rwanda on January 20, 2021. PHOTO | COURTESY
As the private sector struggles to adjust business models to the growing challenges presented by Covid-19, it has become clear that digital transformation is integral to the survival of industries. Affordable digital transactions are needed more than ever and there is a need to harmonize facilitative policies in all COMESA Member States.
Today’s financial inclusion agendas should consider the enablement of SMEs to leverage on retail digital solutions to access affordable, value-added digital financial services that also ensure appropriate safeguards for cross border transactions. ....

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