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Union Pay International Has Signed an Agreement with GIMTEL

UnionPay International (UPI) continues to expand the acceptance network by signing strategic partnership agreements with key stakeholders in the payments industry across Africa. UPI has signed an agreement with the national Read More →

Eight Digital Banking Scams To Lookout For

As access to banking services through digital channels continues to grow, so does the need to protect consumers against the prevalence of online banking fraud. Yolande Steyn, Head of Innovation at Read More →

SA Reserve Bank Notes Competition Commission Decision

The South African Reserve Bank (SARB) has noted the announcement by the Competition Commission South Africa (Competition Commission) that it has completed its investigation initiated in April 2015 and has Read More →

TerraPay Joins Forces with MoneyTrans and Paga to Make Cross Border Remittance Easier

TerraPay, a mobile-first international payment network, announced that it has partnered with MoneyTrans, a leading Money Transfer company established in Europe and Africa as well as Paga, Read More →

Central Bank of Nigeria – The Rate of Naira Counterfeiting is Less Than One Per Cent

The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting that about 20 per cent of the Naira currency notes Read More →

MyGate and Callpay Collaborate to Offer Telephonic Payment Solution for Contact Centres

MyGate, one of Africa’s largest and fastest growing gateways, and Callpay, an innovative provider of secure payment solutions have collaborated to provide a payment solution that offers secure, telephonic payments Read More →

The South African Reserve Bank Considering a Digital Currency

Recent reports have stated that the South African Reserve Bank (SARB) is contemplating the introduction of a national digital currency based on blockchain technology. A blockchain is a digital public ledger Read More →

Mastercard Commits To Financially Including Over 150,000 Kenyan Merchants With Masterpass QR

Mastercard commits to empowering over 150,000 Micro, Small and Medium Enterprises (MSME) in Kenya within 2017 by giving them access to Masterpass QR. The mobile driven, Person-to-Merchant payment solution will Read More →

SABRIC Alerts Customers About ATM Card Swopping

Due to the high incidence of ATM Card Fraud, the South African Banking Risk Information Centre (SABRIC) would like to alert bank customers to an existing modus operandi, which has Read More →

Equitel Kenya introduces Jambojet Paybill Number

Jambojet now joins its sister company Kenya Airways in having an EazzyPay Paybill number, allowing customers to buy air tickets for the two carriers using their Eazzy Banking App or Read More →
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