Thursday, January 16, 2025
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Mastercard News

FinTech

Mastercard & Ukheshe Launch “First-of-its-Kind” Virtual Card Solution

Luis Monzon -
South African fintech enablement partner Ukheshe Technologies says that it has started to process payments for Mastercard's Track Instant Pay solution recently launched in the Middle East and Africa region. Mastercard's Track Instant Pay is a next-generation virtual card solution...
General

Top 4 Most Trending Stories – Week in Review

Luis Monzon -
As this week comes to a close we take a look at the stories that resonated most with our readers. This week, our readers sought information about Black Friday in South Africa, and around what President Ramaphosa had to say...
People

Mastercard Appoints New Country Manager for South Africa

Luis Monzon -
Mastercard has appointed Gabriel Swanepoel as the new Country Manager for Mastercard in South Africa. This serves as a promotion from his current role as the VP of Business Integration for Mastercard, Southern Africa. As country manager, Swanepoel is responsible...
East Africa

SME-in-a-Box: Mastercard’s New Payment Solution for Zambian Businesses

Luis Monzon -
Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution, which will enable Small and Medium Enterprises (SMEs) to safely make and receive digital payments through various online channels. The solution called “SME-in-a-Box”...
Company News

Mastercard to Begin Phasing Out Magnetic Stripes on its Cards

Luis Monzon -
Mastercard, one of the largest payment processing networks on Earth, has announced that it will be moving away from the magnetic stripes on the broadside of its cards within the next three years. The magnetic stripes will slowly be...
Mobile and Telecoms

Mastercard and Zamtel Partner to Drive Financial Inclusion in Zambia

Luis Monzon -
Today Zamtel, a government-owned telecommunication service provider in Zambia, and Mastercard have announced a strategic partnership that will enable Zamtel Mobile Money customers – even those without bank accounts - to make safe and seamless digital payments on the...
Company News

Mastercard to Support Cryptocurrency Transactions on its Network

Jenna Delport -
Mastercard is preparing for the future of transactions by planning to support cryptocurrency transactions across its network. This comes at a time when these digital assets are becoming a more important part of the payments world, especially during Bitcoin's...
Company News

Mastercard Launches AI-Powered Cyber Security Solution

Jenna Delport -
Mastercard has officially launched Cyber Secure - an AI-powered range of tools that are expected to help banks prevent potential breaches. According to the financial services company, banks can use these capabilities to identify and prioritize threats and vulnerabilities throughout...
Africa By Region

Mastercard Launches Touchless Payments Solution for SMEs

Jenna Delport -
Mastercard has launched a new low-cost payments solution that enables small business owners to move their businesses online and accept a range of digital payments from their customers. The “SME-in-a-Box” solution is powered by Mastercard’s payment technology and that of...
Africa By Region

Mastercard Promises 120,000 Free Uber Rides and Meals to Frontline Workers Across the MEA

Jenna Delport -
As cases of COVID-19 continue to escalate, frontline workers have tirelessly continued to support, feed and protect communities. With this in mind, Mastercard has committed 120,000 free trips and meals across the Middle East and Africa, which will be...
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Latest News

Artificial IntelligenceMamsi Nkosi -

Google & Mercedes-Benz Transform In-Car Navigation with AI

Google and Mercedes-Benz have announced a pioneering partnership to expand the MBUX Virtual Assistant with AI-powered conversational search capabilities. Built...
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