KIGALI, Feb. 28 (Xinhua) -- A lack of awareness remains a major challenge to the growth of cross-border digital payments in Africa, making collaboration among fintech companies, regulators, and financial service providers crucial to driving change, a fintech expert told Xinhua in a recent interview.
"Awareness of cross-border payments remains a challenge. Many people and businesses still rely on costly traditional banking systems, which increase transaction costs and limit financial access," said Blen Tenaw Alamayehu, business development manager at Thunes, a Singapore-based cross-border payments company.
