Today, most African’s have bank apps (either USSD/Android/Mobile Apps) that are used for financial transactions. These apps save time and reduce bank queues. Whether you are using a USSD or Mobile App, a number of invisible technological processes take place before your transactions are finally processed and your payments go through.
Most banks in Africa work with FinTech platforms to enable you perform transactions from your Bank Account to your mobile wallet. FinTechs like Nsano are the hidden players that sit in the middle of these transactions ensuring that payments are smoothly done.
If you have ever wondered how your funds move from your bank account to your mobile wallet, this infographic reveals the science behind it all!
Interested in building a mobile banking solution via USSD or Mobile app? We are present in 8 African countries. Email us: firstname.lastname@example.org