Betting in Africa is a booming prospect, one that is expanding faster than any other in Africa and the world at large. Africa has joined the trend – countries like Nigeria have over $45 billion in circulation within their betting industry as of 2016 and the figures grow with every year that passes.
Mobile wallets have influenced the betting industry in Africa by allowing people to easily place bets. Mobile money is set to expand to over $500 billion by 2025 in Africa alone – showing just how much Africa has chosen “Mobile Money” as its go to option in regards to payment. It only makes sense for betting companies venturing in Africa to tap into the current opportunity.
The development of mobile money has simplified transactions between businesses and their clients for betting. Your betting business can instantly collect funds from clients and pay out to the same mobile money accounts without having to set up branches across Africa.
What you need to know
Africa has many mobile money platforms Africa that betting companies need to maneuver in order to accept payments from multiple African countries. The need for a platform that can sync all payment systems and enable businesses receive money at once was necessary.
DusuPay provides betting companies with access to collecting money from multiple African countries through a single platform.
Here is why Dusupay makes sense for betting companies expanding their operations to Africa
- It saves them the cost of having to set up multiple branches across Africa because with one integration businesses can accept payments from clients all over Africa irrespective of the local modes of payment.
- Instant pay outs courtesy of Dusupay – all pay outs whether to bank or mobile money wallets are instant. This increases the customer usage and retention.
- Cheaper cost per transaction.