Today's Bulletin: June 17, 2025

More results...

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Africacom
AfricaCom 2024
AI
Apps
Apps
Banking
Broadcast
CABSAT
Cabsat
Cloud
Column
Content
Corona
DTT
eCommerce
Editorial
Education
Entertainment
Events
Fintech
Fixed
Gitex
Gitex Africa
Gitex Africa 2025
GSMA Cape Town
Healthcare
IBC
Industry Voices
Infrastructure
IoT
MNVO Nation Africa
Mobile
Mobile Payments
Music
MWC Barcelona
MWC Barcelona 2025
MWC Kigali
News
Online
Opinion Piece
Orbiting Innovations
Podcast
Q&A
Satellite
Security
Software
Startups
Streaming
Technology
TechTalks
TechTalkThursday
Telecoms
Utilities
Video Interview
Follow us

Luno’s Report Explores Crypto’s Role in Bridging Digital and Fiat Payments

September 18, 2024
1 min read
Author: Joyce Onyeagoro

Luno’s latest report, Bridging Digital and Fiat: Crypto’s Role in Modern Payments, highlights how cryptocurrencies are transitioning from investments to practical payment solutions. Bitcoin and stablecoins, designed to address inefficiencies in global payments, offer opportunities for low-cost cross-border transactions, especially for remittances.

The report features success stories like South African retailer Pick n Pay, which saw crypto payments grow to R1 million in monthly sales, showcasing crypto’s potential in everyday transactions. However, integrating crypto into the wider economy remains a challenge, requiring collaboration between traditional finance, crypto firms, and regulators.

A Luno poll revealed that 40% of users have made crypto payments, with Bitcoin being the most popular. As crypto adoption grows, its role as both an investment and a payment tool is expected to align further, paving the way for broader use in Africa’s financial system.

The TechAfrica News Podcast

Follow us on LinkedIn

Newsletter signup

Sign up for our weekly newsletter and get the latest industry insights right in your inbox!

Please wait...

Thank you for sign up!