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Digital payments

Company News

NCPI Lifts User Cap, Making WhatsApp Pay Accessible to All in India

Mamsi Nkosi -
In a key breakthrough for digital payments in India, the National Payments Corporation of India (NPCI) has increased the user onboarding limit for WhatsApp Pay, the popular messaging platform's payment feature. The company has launched a payment service for all...
Company News

Visa Partners with Omni-Channel Platform for SMEs Solutions

Mamsi Nkosi -
Visa has announced a strategic partnership with littlefish, an omni-channel platform that provides financial institutions with a suite of business solutions aimed at empowering their small business customers. This partnership will support micro, small, and medium-sized businesses (MSMEs) across Africa...
Digital Transformation

Is Ethiopia Africa’s Fintech Sleeping Giant?

Eva Sgroi -
The fintech sector has been one of Africa’s biggest technology success stories. According to one report, the continent’s 678 fintech startups raised more than US$2.7 billion between 2021 and August 2023. Additionally, almost all of the continent’s unicorns (startups valued at more...
Digital Transformation

Unfolding Blockchain Technology Trends in Nigeria in 2024

Eva Sgroi -
Blockchain technology in Nigeria has driven innovation by fostering financial inclusion, streamlining remittances, and improving supply chain transparency. The introduction and implementation of blockchain technology offers solutions for identity management, secures transactions through smart contracts, and enhances government and...
Digital Transformation

Mukuru and Payfast Connect the Cash Digital Divide for Millions in SA

Eva Sgroi -
According to the World Bank, over 19 million adults in South Africa are excluded from digital transactions. This includes people have a bank account, but do not transact online.  In a KLA poll, 44% of respondents expressed concerns about...
Digital Transformation

New Authentication Channel a Game Changer for Online Businesses

Eva Sgroi -
3D Secure for online payments continues to gather momentum globally. However, for some industries, real-time authentication requirements can be a significant drawback, especially those that rely on recurring, subscription or instalment card-on-file transactions. Now, a new decoupled authentication enables...
Digital Transformation

Network International Injects R560m into South African Digital Payment Tech

Eva Sgroi -
South Africa and major emerging African markets are seeing exponential growth in digital payments and its propelling technology is making significant inroads in promoting financial inclusion. The technology backing e-commerce payment gateways is evidently demonstrating its value in helping...
Company News

Network International’s Local Payment Platform Delivers Sterling Results in 6 Months

Eva Sgroi -
Six months after Network International announced a R500 million investment in its locally hosted, integrated payment platform, the company confirms it has already achieved significant milestones. These include the successful deployment of its Network One technology stack with two blue-chip...
Company News

eZaga’s Impressive Results: Over 98% of Students Benefit from NSFAS Monthly Payments

Eva Sgroi -
eZaga Holdings (eZaga), selected as one of four fintech providers appointed by the National Student Financial Aid Scheme (NSFAS) to disburse monthly allowances to South African university students who qualify for funding support, has successfully onboarded 98.1% of students...
Artificial Intelligence

Safaricom Plans to Launch Payment Service in Ethiopia

Eva Sgroi -
Safaricom (NSE: SCOM) Telecommunications Ethiopia, a name synonymous with innovation and connectivity, has achieved yet another milestone. In a groundbreaking move, the company was officially granted the license to operate mobile money services in Ethiopia on 11 May 2023. This...
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