A memorable partnership between mobile payment systems, network operators and merchants will drive economic outburst in Africa. The European online payments and digital wallet provider Skrill has joined forces with Microsoft and local mobile network operators in order to start an ecommerce portal and shift Africa’s emerging economies online. The region’s double digit growth and the extremely youthful populations with their natural talent for new technologies constitute the perfect conditions to invest in digital payment systems and ecommerce. Through this portal, customers will be able to operate online transactions keeping their personal financial data safe. Furthermore they will enjoy free access to educational content and Microsoft software, as well as global internet brands shopping. Skrill guarantees instant, cost-effective and secure payments via mobile wallets and promotes business digitization through its extensive global network of merchants. The company is aware of bank services penetration low rate and that these markets are marked by intensely perceived fraud risks but it’s positive in serving one of the fastest growing regions in the world. Microsoft will take part in the joint venture by providing Africa with the means to realise a digital revolution which will bring innovation, inclusion, trade and skills. gLAWcal Team LIBEAC project Friday, 21 November 2014 (Source: All Africa)