Friday, April 18, 2025
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Digital payments

FinTech

FNB Introduces Zapper QR Codes to Its Online Payments in SA

Luis Monzon -
FNB has announced that its banking customers and RMB Private Bank customers can now use the Scan to Pay feature on their banking Apps for secure, contactless payments at Zapper enabled merchants across South Africa. Zapper is the latest payments...
Cybersecurity

6 Ways CFOs Can Stay Ahead of Hackers

Luis Monzon -
Global losses from payment fraud have tripled from $9.84 billion in 2011 to $32.39 billion in 2020, according to Deutsche Bank’s 2021 report on the future of payments. And financial professionals are saying COVID-19 hasn’t helped matters, with 65%...
FinTech

FNB Launches 2 New Digital Payment Solutions for SMEs

Luis Monzon -
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...
Digital Transformation

4 Trends Shaping Digital Payments in 2021

Jenna Delport -
As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took hold, retailers worldwide moved their businesses online, embraced eCommerce and...
Africa By Region

How Digital Payments could Foster African Development

Jenna Delport -
The World Bank has estimated that Africa could potentially hold 90% of the global poor population by 2030 and has recently cut its economic growth predictions to between -2.1% and -5.1% in 2020 from the 2.4% of 2019. The situation has been...
FinTech

What South Africans Think of Digital Payment Methods

Luis Monzon -
As digitization makes its way into Africa across sectors and industries, digital payment methods are being offered as safe and convenient alternatives to traditional options. Borderless Access conducted a study across South Africa, Ghana, Kenya, and Nigeria to explore the...
Company News

SystemSpecs and Paga Partner to Deepen Digital Payments in Nigeria

Luis Monzon -
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...
FinTech

Growth in Contactless Payments is Pivotal for Businesses

Jenna Delport -
South Africa can expect significant growth in contactless payments on the back of COVID-19. It is also likely that the public’s newfound (and sensible) aversion to contact will spur additional innovation, especially given the uncertainty around second and third...
FinTech

New mobile-to-mobile digital payment service launched in Africa

Jenna Delport -
WorldRemit users can now make instant, low-cost international mobile money transfers to 15 million accounts in Guinea, Malawi, Madagascar, Mozambique, and Niger.  Digital money transfer service, WorldRemit, is set to continue its expansion in Africa by launching a new international...
Online & Social

fonYou opens office in Nigeria to deploy mobile money and fintech

Fundi Maseko -
fonYou announced a new office in Nigeria, where more than 30 million new mobile subscribers are expected to come online by 2025. With 190 million people, Nigeria has the largest population of any country in Africa. According to the GSMA,...
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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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