New System to Boost Rwanda's Cashless Economy
In a move aimed at easing the flow of liquid cash in the economy, the national payment system developer is expected to introduce new electronic cards to be used to pay for goods and services around the country.
The latest innovation is a locally made product that will enable bank clients to use their normal ATM cards to pay for goods and services (file photo).
The New Times, 17 November 2012
It was just a matter of seconds before Giovanni Higiro finished paying his fares to a motorcyclist, without touching his wallet.read more »
The New Times, 12 November 2012
The National Bank of Rwanda is set to introduce computer-readable cheques as it steps up efforts to curb theft and fraud that are rampant in local banks.read more »
The New Times, 6 August 2012
Imagine going to a supermarket, or better, a local shop in your neighborhood, to make purchases or being able to pay your debts without cash but a weightless automated card.read more »
The East African, 11 February 2012
Ali Ndiwalana, an IT specialist, had just finished an interview with The EastAfrican at Dormans Coffee House in Kampala, just across where he works, when he handed the waiter a... read more »