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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 →

MicroSave and The MasterCard Foundation to Help Advance Digital Finance Services in Francophone Africa

MicroSave, in partnership with The MasterCard Foundation, launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa. The program is expected Read More →

Huduma Card in Kenya Delivers Cashless Efficiency, Powered by Mastercard Technology

Mastercard commits to supporting the roll-out of the Huduma Card in Kenya as the technology partner of choice for the local government organisation. The secure payment solution supports Kenya’s Vision Read More →

Proxama Picks Up Another South African Payment Card Deal

Proxama PLC has won a five-year contract with a South African financial group for its payment card issuing, PIN and management technology. Revenue earned from software licences, services and support will Read More →

A Cashless Economy Helps Bridge Inequality – Lessons For SA

South Africa can learn from the Indian government’s moves to bank its unbanked population by limiting the amount of cash that can be drawn at one time, identifying populations with Read More →

AfDB And The Alliance For Financial Inclusion Sign MoU To Enhance Access To Financial Services

The African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) signed a Memorandum of Understanding (MoU) to enhance access to quality financial services on the continent in Abidjan, Read More →

Cardtronics Expands into South Africa By Acquiring Spark ATM Systems

Cardtronics plc announced that it has closed on the acquisition of Spark ATM Systems Proprietary Limited — a move that marks Cardtronics' entry into the South African market. Privately held Read More →
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