Mastercard and Zimswitch have partnered in an attempt to modernise Zimbabwe's payment infrastructure - something that the companies believe will support the country's Reserve Bank’s vision of an interoperable payment system that supports inclusive economic growth and boosts the digital economy. “We see this partnership as a positive development that...
South African-founded Luno has been acquired by Digital Currency Group (DCG) - a global enterprise that builds, buys and invests in blockchain companies. Luno began in South Africa in 2013. It now has five million customers spanning over 40 countries as well as almost 400 employees based in London, Singapore and...
UnionPay International and Interswitch East Africa have partnered to support digitalization across the continent, allowing cardholders and merchants within the region to transact seamlessly and conveniently across various platforms on the global UPI network. The agreement with Interswitch will facilitate UnionPay card acceptance across ATMs, Points-of-Sale, QR Payments and online payments,...
The 21st century is widely touted as the 'African Century', a period promising unprecedented economic and technological growth for the continent. Africa's future looks bright. The continent features five of the ten fastest-growing economies in the world. Its population is the most youthful, with 60% of all African citizens under...
Second-hand goods chain, Cash Crusaders has built and launched 'Click & Collect', the first instalment in taking their retail business online. “Although we’ve been planning the launch of eCommerce for our business for a while, COVID-19 rapidly increased the rate in which we rolled the service out,” says Sean Stegmann,...
Cash may have traditionally been king, but Covid-19 has contributed to a faster pace of digital payment adoption. Recently, two global fintech players discussed the emergence of a plethora of digital payments and debated if cash is on its way out. Omosalewa Adeyemi, Head of Global Partnerships and Expansion at...
Huawei and TPAY have partnered to make it easier for content developers to monetise their apps on Huawei Mobile Services (HMS). This collaboration is expected to allow local MEA developers to fully utilise HMS's In-App-Purchase (IAP) kit through TPAY's direct carrier billing (DCB) service. This means that HMS users can...
While healthcare providers must accelerate their digital health maturity as it directly improves operational efficiencies, quality of patient care and improves the protection of personal and sensitive information, it also provides a greater platform and risk for cyberattacks. This is according to Shiraaz Joosub, Healthcare Sales Executive at T-Systems South...
The number of cyberattacks on frontline healthcare responders have surged at the same time as the global COVID-19 pandemic, trending upwards almost entirely in line with case numbers. By March 2020, phishing emails had spiked by over 600% since February, as cyber-criminals looked to capitalise on the fear and uncertainty...
Luno has announced that has registered over 5 million customers in over 40 countries and has now made its platform available in Australia. The launch comes shortly after the crypto exchange revealed it would also be available in the UK. Marius Reitz, Luno’s GM for Africa, says that key factors...
As part of Facebook's plan to create a place for users to discover businesses and shop for products, it is testing a dedicated shopping tab within the main app. "During the COVID-19 pandemic, the shift to online shopping has rapidly accelerated, with an estimated 85% of people worldwide now shopping...
Over the last five years, South Africa has emerged as one of the world’s most notable cryptocurrency adopters, and an estimated 13% of its internet users owning or using cryptocurrencies. With the South African Bitcoin/ZAR weekly trading volume – to name just one – currently standing close to...
The COVID-19 pandemic has brought the global economy to a standstill and put millions of people under financial stress. Understandably, people from all walks of life started looking for alternative income streams. Not only are these side jobs providing women with additional income, but they are also giving individuals...
Experian CEO Ferdie Pieterse says that the business and credit information services agency was “in no way, shape, or form” hacked. This comes after the company confirmed that the personal information of nearly 24 million South Africans was breached. Pieterse adds that none of their systems, databases or records was...
As digital commerce continues to accelerate owing to the COVID-19 pandemic, Mastercard has announced that it will offer new security services to merchants in South Africa. The company says that it hopes this will further protect consumers and increase convenience when storing Mastercard cards in merchant databases. Dubbed Mastercard Digital...
South Africa has just been hit a major data breach that may have put the personal information of as many as 24 million South Africans at risk. This information could include First and last names, ID numbers, Telephone numbers, Physical addresses and Email addresses. Experian South Africa - business and...
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