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Southern Africa

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 →

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 →

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 →

Major Developments Expected for Fintech in 2017

From digital banks to mobile-payment solutions, technology is set to change the South African financial services landscape at a pace that will continue to surprise even the most hard-core non-believer. Digital Read More →

Visa Signs Strategic Partnership Deal with Atlas Mara

Visa, a global payments technology company, signed a commercial partnership with Atlas Mara Limited, the sub-Saharan Africa financial services group, as part of a wider strategic partnership to introduce a Read More →

SASSA Statement on Future Grant Payment System

SASSA has been inundated with concerns regarding what happens after the current social grant payment contract with Cash Paymaster Services (CPS) expires at the end of March. This is understandable, Read More →

Visa Introduces Local Processing Solution to Support Zimbabwe Banks

Visa is introducing in Zimbabwe next month its National Net Settlement Service (NNSS) that will allow client banks to settle domestic USD-denominated Visa transactions locally. The USD was adopted in Read More →

Remittance and Money Transfer Across The African Landscape

Sending money to different countries has never been an easy task. There’s a lot of red tape to get through, stringent regulations, and high costs. In the context of Africa, Read More →

2016 Payment Trends And What To Expect In 2017

With every passing year the landscape of the payment industry shifts. We say goodbye to old ways of doing things and we usher in new paradigms. The past year wasn’t Read More →
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