Home  >>  Blog

Half of the People In this War-torn Region of Africa Are Using Mobile Payments

Jul. 21, 2018


UN calls for backward countries to develop mobile payments

The rise of electronic payment platforms has not only changed China's capital circulation ecology but also affected global trading methods. The integration of digital payments and a growing network of platforms is conducive to the development of the economy, especially the economic opportunities in developing relatively backward and backward cities, it enhancing financial inclusiveness, transparency, and security.



The World Bank Group pointed out that integrating digital payments into emerging markets and developing countries' economies is conducive to addressing broad economic growth and personal financial empowerment. The United Nations is also calling on developing countries to improve digital payment. And these ideas have already begun to pay off in some backward countries.

Successful cases of mobile payment / digital payment

The illiteracy rate in Somaliland in the East African region is high, and the war has caused serious economic damage, but half of its people are using mobile payment methods, which was unimaginable ten years ago.

Due to currency depreciation, in Somaliland, when you want to buy a pack of candy, which may be stacked in a stack, while a medium-sized deal requires a bag to hold the money. There are no internationally recognized banks in Somaliland, no formal banking systems and ATMs, and two private companies, Zaad and e-Dahab, have filled the gap and developed a mobile banking economy through which cash is stored in mobile phones to support people buying and selling items. Now, Somaliland people only need a mobile phone to complete mobile payments in seconds.


Somaliland's piles of depreciating currencies make payment very troublesome.

From the shops in Hargeisa to the dusty street stalls, as more and more people use cashless payment methods, cash is increasingly marginalized. Such codes are everywhere, roughly printed on tin shacks or market stalls. In more expensive installations, the code is printed, stacked neatly on the stage or attached to the wall, just like we will put the store's WeChat Pay and Alipay collection QR code on the booth in China. 



EmanAnis, a 50-year-old street vendor in Hargeisa, said: "This is the income of today's business." Her mobile phone can see sales exceeding $2,000.


Last year, Somaliland suffered a severe drought that affected the livelihoods of hundreds of thousands of people. Mobile payment technology enables Somalis in urban areas to quickly send money to poor and hungry rural relatives. According to suppliers, the number of people using mobile payments has increased from 10% to 20% to nearly 50% compared to a year ago.



With the spread of cheap mobile phones on the African continent, similar mobile currency revolutions have occurred in African countries such as Ghana, Tanzania, and Uganda. The Kenyan version of Zaad -- M-Pesa, is believed to be used by about half of the population. In April this year, Bangladesh’s largest mobile payment company, bKash, and Ant Financial, announced a strategic partnership to allow more ordinary people to obtain more financial and public services through mobile payments, helping small traders in Bangladesh to enter the “code” simultaneously with China. In the era of “business”, access to convenient fund management and loan services.

Market demand for flexible cash register terminals such as scan code boxes

The use of mobile payments in more and more countries also means that the demand for scanning code collection and cashier terminals is increasing rapidly, and the global market for mobile payment smart terminals is also expanding.

Compared with other countries, China's scanning code cash register technology and product form are relatively mature. Many smart cash register manufacturers will develop different QR code cash register intelligent hardware according to different application scenarios, which has become one of the hardware and software vendors in mobile payment development in many countries.


For example, Telpo's TPS506 intelligent scanning code box supports the main sweep and sweep, supports WeChatPay, Alipay, UnionPay QR code and other scanning codes, and supports voice broadcast function. It is suitable for ticket scanning code, automatic gate scanning code, smart cinema scanning code, canteen scan code ordering, etc. The slope structure design allows the merchant and the customer to see the screen display, real-time interaction, no longer worry about missing or wrong payment.

The biggest advantage of the TPS506 smart scan code box is its own battery endurance, which is a rare feature in the scan code box on the market. With battery life, the scan code box lasts longer. It can also be plugged in outdoors, making the collection and retail of food and beverage retail more flexible.

Tag: mobile payment, digital payments, African, War-torn, cashless, QR code, scan code box, cash register

Brief Introduction: Founded in 1999, Telpo is a professional smart terminals' provider and ODM service expert, covering the point-of-sale (POS) terminals, biometric fingerprint device, face recognition device, self-service kiosk, etc. Telpo has served for over 1000 customers abroad, including the platform operators, banks, software vendor, association, technology companies and even governments organizations. Telpo adheres to R&D and innovation, in order to provide more intelligent hardware for global partners.

Previous: China And Africa Cooperate To Develop Face Recognition Technology

Next: A Wonderful Review Of 2018 Shanghai International Unmanned Exhibition