It’s a well know fact that remittances between, to and from, countries on the African continent are the most expensive in the world. There are many companies trying to solve this issue. However despite the technology being freely available to do so, nobody has cracked it as yet.
March Hare, a Mauritian software development company, has built wallet App’s, API’s and connected new “payment rails”. Ran them between SA to Nigeria and proved micro-payments within the continent are not only possible, but simple and affordable.
Which is why they’re making this technology easy to install and operate for financial institutions who wish to offer an inclusive, automated cross border payments solution, integrated with their existing systems and compliant with domestic rules and regulations.