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Digital Payments Africa

Safaricom’s M-Pesa & Visa Introduce GlobalPay Virtual Card

Safaricom has entered an agreement with Visa to form M-Pesa GlobalPay Visa Virtual card which will see the mobile phone-based money transfer service transact in 200 countries. This will allow customers to transact up to Sh150,000 ($1,283.70) per payment and...

SA Startup Bringing “Tap to Pay” to Africa’s Informal Sector Raises Millions

Lipa Payments, a South African-based fintech start-up, has secured a R10-million ($659-thousand) investment from Empowerment Capital’s Imvelo Ventures, which is backed by Capitec Bank SA. Lipa Payments was one of the finalists in Capitec Bank’s Life 2.0 Hackathon in...

Nigeria’s Paga Announces New Payments Deal with this Social Media Powerhouse

Paga, the African payment company and a market leader in its founding country of Nigeria, is announcing today that it has been added as a payment provider by US social media powerhouse Twitter for its Tips feature in the...

FNB Launches 2 New Digital Payment Solutions for SMEs

FNB South Africa, one of the country's top lenders, has announced today the launch of two new digital payment solutions for small-to-medium enterprises (SMEs). According to a statement from FNB, the growing need to accelerate the shift from cash to...

SystemSpecs and Paga Partner to Deepen Digital Payments in Nigeria

SystemSpecs, a Nigerian fintech and provider of Remita, and Paga - the foremost mobile money service providers in the country - have partnered together in the hopes of extending the frontiers of electronic payments in Nigeria, report Vanguard Nigeria. This...
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SAP Debuts Business Data Cloud with Databricks to Enhance AI

SAP SE has unveiled SAP Business Data Cloud, a breakthrough solution that combines all SAP and third-party data across...
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