Friday, April 18, 2025
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Digital payments

Cybersecurity

How to Prepare Against Digital Payment Fraud

Mamsi Nkosi -
Approximately 45% of SMEs fear that they might become victims of fraud when using digital cross-border payments, as reported by Mastercard. However, despite this,  digital cross-border payments continue to rise, especially in the  South African market. According to data from McKinsey &...
Artificial Intelligence

Nigeria Trails South Africa and Kenya in Africa’s B2B Payment Revolution

Eva Sgroi -
A recent report from Duplo, a business payment platform serving African businesses of all sizes, has shed light on the development of key B2B payment processes in Africa. The report reveals that Nigeria trails behind South Africa and Kenya in...
Company News

Huawei Partners with Ozow

Zintle -
Huawei has partnered with Ozow to enable users to make payments using their smart devices, without the need for a bank or credit card. Purchases can now be made using Ozow for Huawei Mobile Services, such as AppGallery, HUAWEI Video, HUAWEI...
East Africa

Cellulant Partners with Five Water Utility Companies in Zambia

Zintle -
Cellulant Zambia announced a digital payment partnership with five leading Zambian water utility companies; Nkana Water, Kafubu Water, Mulonga Water, Chambeshi Water, and Western Water. This partnership will allow customers in the country to pay their water bills with their...
Company News

Cellulant & Jambojet to Give Away Over 600 Discount Flight Vouchers

Zintle -
A subsidiary of Kenya Airways Jambojet and Pan-African payments company Cellulant have partnered to award customers over 600 discount vouchers, each worth Kes 3,000 ($25.58). The vouchers will be available to all customers that sign up for Jambojet Rewards, the...
Mobile and Telecoms

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

Zintle -
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...
FinTech

Meta Rumoured to be Working on New Virtual Currency: ‘Zuck Bucks’

Zintle -
Meta reportedly plans to introduce a virtual currency "Zuck Bucks" to its apps to reward content creators and run other financial services like lending. Mark Zuckerberg, founder and CEO of Meta, recently gave up on another digital currency he was...
FinTech

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

Luis Monzon -
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...
FinTech

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

Luis Monzon -
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...
Company News

MTN Signs Landmark Digital Payments Deal with Hungry Lion Zambia

Luis Monzon -
MTN Zambia's Mobile Money division and fast food company Hungry Lion Zambia, have announced the launch of a new, landmark, digital payment partnership. New features stemming from this partnership will allow MTN and Hungry Lion customers to make payments in...
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Latest News

FinTechStaff Writer -

PayPal and TerraPay Unite to Expand Cross-Border Payments Across MEA

PayPal has announced a strategic partnership with TerraPay, a leading global money movement platform, to enable real-time fund transfers...
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