Explore the latest Cross-Border Acquirers Challenges, from CBDC acceptance to AI-based personalization, and learn how leading payment platforms like Way4 are helping acquirers stay competitive.
How do we know if an acquirer has found the secret ingredients for merchant satisfaction? Consider Nexi in Europe, whose portfolio of POS and e-commerce merchants grew from 1 million to 2 million in less than five years. Another example is SmartPay in Asia, which connected 700,000 merchants to its wallet and QR payments in
By Rory Bosman, Executive for Sales & Marketing at Ecentric Tough economic conditions may well force financial institutions into a type of survival mode where the priority and focus is on retaining and growing market share, which is crucial, of course, but purpose-driven banking is not only possible in difficult times, it should form the
Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (“BOT”) licence, marking another significant step in the company’s expansion within the region. The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range
Mastercard and Johannesburg-based fintech company SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through innovative payments technology and infrastructure. Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System (PTS), that includes
Equity Group, East and Central Africa’s largest financial institution, has fortified its position as one of the strongest banking brands globally by scoring highly, in the 2024 Brand Finance’s Brand Strength and Brand Value rankings. In its third consecutive appearance in the Brand Finance Banking 500 rankings, Equity climbed from 4th position in 2023 to
PAX Technology, the world’s leading payment terminal solutions provider, recently held its World Partner Conference in Ho Chi Minh City, Vietnam. The event saw PAX unveil a number of new Android payment terminal solutions to its global community of channel partners and payment system integrators from around the world, which will come to market during
Amid a spate of high-profile payment fraud cases in South Africa, the need for robust fraud payment prevention measures has never been more apparent, says Ryan Mer, CEO of eftsure Africa, a Know Your Payee™ (KYP) and payment fraud prevention platform provider. In April 2023, three former bank employees received jail sentences of 15 years
While there is no doubt that banks around the world fast tracked their digital transformation plans as a result of the pandemic, a report from Accenture posits that the rapid growth in digital services may have negatively affected innovation in the sector. In order to overcome this and truly innovate for the customer, local banks
In a bid to improve the access and usage of formal financial services among underserved communities and small businesses in Kenya and Tanzania, ACCOSCA (the African Confederation of Co-operative Savings and Credit Associations) and Visa, a global leader in digital payments, have partnered to launch the Financial Inclusion in Kenya and Tanzania (FIKT) project. The
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