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Somalia Implements Revolutionary Digital Payment System 

Somalia Implements Revolutionary Digital Payment System 
Jun 23, 2023 · 55s

The central bank governor says a new national contactless payment system will revolutionise business in Somalia. Abdirahman Abdullahi was talking after the launch in Mogadishu of what is called SOMQR,...

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The central bank governor says a new national contactless payment system will revolutionise business in Somalia.
Abdirahman Abdullahi was talking after the launch in Mogadishu of what is called SOMQR, which brings digital payments into one system that can easily be used by customers, businesses and banks.
Mr Abdullahi says Somalia has a vibrant and large payment system but this has not been connected to banks.
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Author Africa Business Radio
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