NewEnergyNews: Africa Solar Opens Credit Card Pay-Go Sales

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    Friday, March 02, 2018

    Africa Solar Opens Credit Card Pay-Go Sales

    Mastercard tests pay as you go for solar energy in Africa

    Dean Takahashi, February 26, 2018 (VentureBeat)

    “…[G]lobal payments firm Mastercard has teamed up with solar energy company M-KOPA Solar, banks, and mobile network operators to enable payments and commerce for people [in Africa] who don’t have access to banks. The alliance will enable consumers to pay for solar energy as they use it…About 625 million people in sub-Saharan African and 1.2 billion people worldwide have little or no access to electricity…[W]ithout easy payment solutions, it is hard to implement and scale [solar]. Mastercard is using its Masterpass QR codes, an open and interoperable technology that provides people with any type of mobile phone the ability to safely make purchases without using cash or a plastic card…The solar panel itself has a device ID…Masterpass QR is currently available in Ghana, Kenya, Nigeria, Rwanda, Tanzania, and Uganda…” click here for more

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