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Payment Tech Firm Named Associate Participating Organization
Stanchion has been appointed as an Associate Participating Organization with the PCI Security Standards Council, tasked with enhancing global payment data protection through continuous development and implementation of PCI Security Standards. The PCI SSC oversees a global, cross-industry effort to…
A New Era for Payments in South Africa with 1Voucher
Flash Group and Ecentric have formed a strategic partnership to transform South Africa’s payment landscape by integrating 1Voucher, a prepaid payment voucher that converts cash into digital currency, with the aim of expanding access to financial services. Through this partnership,…
Why Bitcoin is Poised for Growth Amid Global Uncertainty
As 2024 unfolds, the world seems to be lurching from one crisis to the next. From geopolitical flare-ups in the Middle East to supply chain issues and political uncertainty in the U.S., the cracks in the global financial system are…
Kazang Pay: New Card Acceptance for Zambian Retailers
Kazang has introduced its Kazang Pay card acceptance solution for Zambian retailers, enabling them to accept card payments using the same Kazang terminal they use for selling prepaid items and services. Zambia’s Kazang Pay-enabled terminal accepts VISA debit and credit…
PayTech Firm Partners with PCI to Boost Payment Data Security
Stanchion, a global PayTech firm that specializes in Payment Fabric Technology, has been named a new Associate Participating Organization with the PCI Security Standards Council. It will collaborate with the PCI SSC to assist in safeguarding payment data worldwide through…
Mastercard Unveils Improved Identity Check for SA Users
Mastercard has announced changes to its Identity Check program, which will provide South African cardholders with an additional degree of security at checkout. The phased security changes arrive just in time for Black Friday and the summer vacation shopping season,…
New Era of Digital Payments in Middle East and Africa
Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in the Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa, and the UAE. As part of…
Mastercard and KaiOS Launch Initiative to Boost SMEs
KaiOS Technologies has announced a collaboration with Mastercard to integrate various digital payment methods. Kicking it off in Cote d’Ivoire & Nigeria, Mastercard & KaiOS Technologies will provide low-cost payment acceptance devices, promoting the development of a more inclusive, linked…
Safaricom and Mastercard Expand Merchant Services in Kenya
Safaricom and Mastercard have announced a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is anticipated to benefit over 636,000 retailers utilizing M-PESA, Safaricom’s flagship mobile money service. Kenya’s payment acceptance market…
Latin American Payment Processor Enters the African Market
PayRetailers, a payment processor in Latin America, has announced additional expansion into Africa. With coverage in 12 countries, the company provides a single, straightforward payment solution that will be a game changer for cross-border internet retailers considering Africa as their…
Seamless Cross-Border Payments Across 130+ Countries
The Interledger Foundation and Chimoney, a fintech company that offers multi-currency wallets and cross-border payment infrastructure, have partnered to enable cross-border payments in over 130 countries worldwide. The partnership will enable consumers without bank accounts to send and receive money…
South African Fintech Recognized at Finovate 2024 Awards
A privacy-preserving data cooperation Omnisient, has received the globally recognized Finovate 2024 Excellence in Financial Inclusion Award. Omnisient was the only African fintech recognized as a leader in its field. The US-based award recognizes established institutions and rising stars who…
South African Bank Becomes App of the Year Headline Sponsor
FNB today announced that it has officially taken over as the headline sponsor of the App of the Year ecosystem, the premier app development and largest tech challenge of its kind on the African continent. Now in its 13th year,…
Cross-Border Payments Made Easy with Yellow Card & Fireblocks
Yellow Card, Africa’s premier stablecoin on/off ramp, has announced partnering with Fireblocks, a digital asset infrastructure provider, to facilitate cross-border transactions for companies and people. Fireblocks simplifies the development of new blockchain-based businesses and the management of daily digital asset…
New Mastercard-Fintech Alliance Enhances Digital Payments
Mastercard has collaborated with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies in Africa and the Middle East. The collaboration will evolve into a technology proposition, allowing any technology company to acquire Mastercard issuing capabilities via…
Mastercard Highlights Economic Growth at Tanzania Forum
Mastercard held its inaugural Tanzania Industry Forum in Dar es Salaam, bringing together key stakeholders and fintech industry leaders to discuss the country’s financial and technological landscape. The event emphasized Mastercard’s commitment to promoting economic growth through innovative digital payment…
