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Posts Tagged ‘mobile payments’

  • WFA has announced a new leadership team

    2019 Mastercard Digital Payments study highlights payment trends

    February 26, 2019 • Finance, RetailComments Off on 2019 Mastercard Digital Payments study highlights payment trends

    More than ever, people are living an increasingly digital – and mobile – life and they expect their ability to pay for their needs and wants to match that same “always on” mindset, according to social media conversations identified in the 2019 edition...

  • digital banks

    Ecobank selects MFS Africa as digital partner

    December 13, 2018 • Finance, West AfricaComments Off on Ecobank selects MFS Africa as digital partner

    Ecobank, the Pan-African bank announced the appointment of MFS Africa as Digital payment partner enabling cross-platform payment services for Ecobank account holders. The partnership allows Ecobank customers to send and receive money to and from over 170...

  • AfricaCoin’s President and CEO, Amos Tsopotsa

    AfricaCoin: The African alternative to bitcoin

    November 10, 2018 • General, West AfricaComments Off on AfricaCoin: The African alternative to bitcoin

    With the world moving fast towards a digital era, the AfricaCoin’s President and CEO, Amos Tsopotsa says it is important for the citizens of our country to adopt a digital approach when it comes to using their monies and considering the plus points that...

  • Don't let fraud naivety sink your digital business

    Understanding payment trends to ensure customers get what they want

    August 27, 2018 • FinanceComments Off on Understanding payment trends to ensure customers get what they want

    Start-up companies are faced with a number of challenges before they even begin trading. Market research and designing an excellent customer journey are, of course, important, but ensuring your customer has a payment option that engenders confidence is...

  • Mugg and Bean introduces Samsung Pay as payment option nationwide

    Standard Bank customers are now able to use Samsung Pay

    August 13, 2018 • Finance, Top StoriesComments Off on Standard Bank customers are now able to use Samsung Pay

    Samsung has announced that Standard Bank customers are now able to make use of Samsung Pay. According to Samsung, Standard Bank cards supported during early access are Mastercard credit and cheque cards. Craige Fleischer, Vice President of Integrated Mobility...

  • 10 Things to know about mobile payments in Africa

    The risks mobile payments present to financial service

    August 5, 2018 • Finance, Online & Social, Top StoriesComments Off on The risks mobile payments present to financial service

    It’s no secret that the financial services industry is a top target for cybercriminals looking to steal valuable data. In fact, data shows that financial firms face daily attacks that attempt to bypass defences protecting a growing number of attack...

  • Matthew Barnard, executive head of banking at BBD

    Banking the unbanked: serving the excluded

    May 28, 2018 • Finance, Top StoriesComments Off on Banking the unbanked: serving the excluded

    Two billion people worldwide do not have a bank account or access to financial institutions. Often referred to as the unbanked, they generally only pay in cash or purchase money orders. Matthew Barnard, the executive head of banking at BBD, explains in a...

  • Why banks are using satellite services

    Why banks are using satellite services

    May 4, 2018 • Finance, Top StoriesComments Off on Why banks are using satellite services

    Satellite connectivity is commonly considered the last mile solution only for areas where there is little or no coverage of other networks such as fibre or 3G. However, its high reliability and ubiquitous coverage have resulted in the banking sector using...

  • Fintech startup Zoto witnesses growth in user base

    Fintech startup Zoto witnesses growth in user base

    April 9, 2018 • Startups, Top Stories, West AfricaComments Off on Fintech startup Zoto witnesses growth in user base

    Zoto, a product of Hedonmark Management Services Limited and Nigeria’s payment solution, has announced on Monday, 09 Aril2018 that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year and it is set to...

  • New partnership to help Tanzania shift to a cashless economy

    New partnership to help Tanzania shift to a cashless economy

    March 8, 2018 • East Africa, Finance, Top StoriesComments Off on New partnership to help Tanzania shift to a cashless economy

    Mastercard’s partnership with Selcom will enable the company to expand its mobile payments solution, Masterpass QR, in Tanzania. The partnership will provide Mastercard access to Selcom’s established network of merchants in Tanzania and the two will work...

  • How to get ICT right in Africa

    The 5 most exciting tech developments in Africa this year

    February 14, 2018 • Lists, Top StoriesComments Off on The 5 most exciting tech developments in Africa this year

    You may not have realised it, but Africa is quickly becoming one of the technological frontrunners in the world. With so many developments and advancements due to be made this year alone, here are just five of the most exciting. Payments becoming much easier...

  • 10 Things to know about mobile payments in Africa

    Mobile payments are becoming much more regular in South Africa

    December 18, 2017 • Retail, Southern Africa, Top StoriesComments Off on Mobile payments are becoming much more regular in South Africa

    Mobile payments are becoming much more regular in South Africa, with large retailers, hair salons, coffee shops, flea markets and even some informal retailers like hawkers allowing their customers to pay for goods and services from mobile wallets &...

  • Gemalto's platform offers digital payment solutions

    Gemalto’s platform offers digital payment solutions

    December 13, 2017 • Finance, Top StoriesComments Off on Gemalto’s platform offers digital payment solutions

    Gemalto has announced that its Trusted Service Hub (TSH) can now offer a single gateway enabling issuers to connect to the Mastercard and Visa tokenization services. According to the company, this will simplify the way financial institutions can launch mobile...

  • PayU launches new service to advance Nigeria's cashless economy

    PayU South Africa sees huge traffic spike from Black Friday

    November 30, 2017 • Finance, Retail, Southern Africa, Top StoriesComments Off on PayU South Africa sees huge traffic spike from Black Friday

    On Black Friday, 24 November 2017, many of the South African eCommerce companies experienced massive spike in traffic on their various websites. Matching this spike, payment services provider, PayU, facilitated an increase of around 8.5 times the transaction...

  • South African informal traders to get digital payment systems

    South African informal traders can now accept electronic payments

    November 15, 2017 • Finance, Southern Africa, Top StoriesComments Off on South African informal traders can now accept electronic payments

    Mastercard has announced a partnership with Spazapp, a Durban-based tech company, to offer mobile payments to informal traders and convenience stores, better known as spaza shops, in South Africa. By combining their expertise and reach, the companies intend...

  • FlySafair passengers can now receive their boarding passes via WhatsApp

    FlySafair travellers can now use Zapper app to pay for tickets

    November 10, 2017 • Finance, Southern Africa, Top StoriesComments Off on FlySafair travellers can now use Zapper app to pay for tickets

    South African airline, FlySafair and Zapper have entered into a partnership which will allow travellers to use the Zapper app to pay for FlySafair tickets online, as well as at the airline’s web kiosk and sales desk. This new payment option eliminates the...