Revolutionising finance for agri-value chains international conference, the Technical Centre for Agricultural and Rural Cooperation (CTA) commissioned a study to explore the state of digital/mobile payments in agriculture.
The study was carried out using three case studies; SmartMoney from Uganda, NWK Agri-Services from Zambia, and Rice Mobile Finance (RiMFin) from Ghana.
The report introduces the concept of digital finance by providing an overview of the new technologies and business models that began only seven years ago. The report’s findings provide an insight that portrays the nascent usage of digital payments by users ranging from large agricultural commodity buyers to the small-scale farmers at the bottom of the pyramid.