Across Africa, there has historically been a heavy reliance on cash, with around 95 percent of retail transactions taking place in cash. Global and local organisations are investing in innovative digital payment systems and new disruptive payments tools to displace cash, while delivering new levels of inclusion to the benefit of consumers, businesses and governments. One of the leading technology companies in this realm is Mastercard. From a consumer perspective, cash is inconvenient, dangerous to carry and expensive. This remains true across several other African countries where people often have to trade off the demands of an hourly job with the need to travel long distances to access cash or stand in line to pay a bill. Many people also face the danger of being robbed when they come home with their wages. Cash also has several negative implications for merchants and small businesses. Not only does it cost these businesses to access, secure, transport and store cash, but it can also hamper business growth if they do not accept electronic payments. For example, entrepreneurs cannot access the credit or loans they need to grow their businesses without a financial record or credit history. They can also lose out on revenue when their customers don’t have enough cash to pay for goods.