Pay on Demand solutions: Unlocking financial inclusion through everyday transactions

The world is moving fast - digitizing, globalizing, connecting more and more through the Internet of Things. Still, too many people remain disconnected from the networks and systems they need to be fully productive. Some need electricity or access to clean water, others want education for their children or basic financial services. Most importantly, many need the ability to pay for these necessities in small manageable increments – ideally via mobile. Africa after all, is the beating heart of the world’s mobile money activity.

An estimated 1.7 billion people around the world still don’t have access to a bank account or financial network, so when it comes to payments, they are at the mercy of cash, as well as the costs, risks and limitations it presents.