Payments

Understanding Millennials – The Kings and Queens of Payments

The millennial generation, those born between 1981 and 2000, are the most important market for any company in the payments industry. There are two parts to this story; the payment behaviour and trends amongst millennials, and the demographic forces associated with millennials. Millennials will Dominate the Economy in the next Decade First let’s look at…

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Remittances – How Diaspora Drives Economies

Remittances are estimated to account for 24 percent of foreign capital flows into African countries. The remaining 76 percent is made up by fixed direct investment, exports, debt, portfolio flows and foreign aid. Remittances from international migrants contribute more than three times that of foreign aid. Moreover, in several countries where foreign aid is falling,…

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