The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Cross-border payment systems provide poor foreign exchange rates. [iStock]
Poor service provision by payment platforms remains a serious threat to small business success in Kenya and across the globe, a new Mastercard survey has established.
The Borderless Payments Report says the trend is bigger in digital cross-border payments, where about 45 per cent of the small and medium-sized enterprises (SMEs) and 42 per cent of consumers fear they might become victims of fraud.
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