ShareAccording to the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), small businesses in Egypt are significant to the economy. An Egyptian fintech company called Axis wants to solve these problems by giving small businesses a safe and easy way to make payments. So, it made AxisPay, a digital payments platform for small companies in North Africa. AxisPay has many features, such as mobile payments, online banking, and payroll processing, and it is aimed at small businesses. The platform is beta testing with over 100 small businesses and 5,000 workers, and a public launch is expected in the coming months.

Source: The North Africa Journal May 21, 2023 01:50 UTC