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This seminar describes the evolution of merchant payments systems and mobile payments to enable financial inclusion, as the payments landscape evolves into one where consumers can pay in myriad ways through any internet-connected device located anywhere. It discusses how payment systems act as catalysts and enablers for financial inclusion, describing how the process of financial inclusion is influenced by both demand and supply-side factors. The role of financial inclusion in the realisation of the Sustainable Development Goals (SDGs) is examined. It concludes with a summary of current trends in payments and a discussion of what banks and payments providers, especially in Africa, should do to stay relevant and be successful in the future.

About The Presenter

Bruno Lule Yawe is an Associate Professor of Economics at Makerere University’s Department of Economic Theory and Analysis. He is also Deputy Principal of the College of Business and Management Sciences. Previously, he was a postdoctoral research fellow at the Judge Business School, University of Cambridge under the Cambridge–Africa Partnership for Research Excellence Programme. He serves as an International Visiting Scholar at Covenant University, Nigeria since February 2021.