Monday, August 07, 2017

Colonialism v2.0: China Moves On e-Payment Systems In Africa

China UnionPay partners with Kenyan bank to boost digital payments

NAIROBI - East Africa's largest financial institution, Kenya Commercial Bank (KCB) Group and the Chinese financial service giant UnionPay International, on Friday entered into a partnership to boost digital payments in Eastern Africa. KCB Kenya Head of Channels Dennis Njau said that the collaboration will see the issuance of UnionPay Prepaid Travel Mate cards in the…