SPAYZ.io, a leading payment solutions provider, has announced its strategic expansion into three key African markets: South Africa, Egypt, and Cameroon. The move follows comprehensive research on regulatory environments, market demand, and local partnerships aimed at delivering tailored, accessible payment services.
In South Africa, SPAYZ.io will enable EFT Bank Transfers across major markets, capitalizing on projected card payments exceeding USD 158 billion by 2025. In Egypt and Cameroon, the company plans to support Mobile Money solutions, addressing the region’s rapid digital payments growth—Egypt’s market is expected to surpass USD 104 billion by 2030, while Cameroon leads the CEMAC region with mobile money transactions representing 71% of all transactions.
SPAYZ.io emphasizes a thoughtful, research-driven approach to expansion, prioritizing long-term stability and ecosystem compatibility. The company aims to contribute to Africa’s burgeoning digital payments economy, projected to reach USD 1.5 trillion by 2030, with further country launches planned beyond 2025.
