Pick n Pay, a trailblazer in the loyalty space, celebrates its pioneering spirit as it embarks on a digital transformation journey with the launch of the Pick n Pay Smart Shopper app. This marks the start of a new era of customer engagement and convenience for Smart Shopper as it aims to become South Africa’s
Entersekt has announced a one-call, real-time API that will enable banks to automate cardholder updates and close the gap on e-commerce payment card fraud. With RealSync, the real-time API, card-issuing banks can now immediately act if a customer reports a credit card lost or stolen, to prevent them falling victim to online fraud. Additionally, the
As a technology leader in the global payments industry, Mastercard is at the forefront of championing financial inclusion and digitization across Africa. The unprecedented growth and hunger for innovation amongst the people of this continent, and its population that is set to double by 2050 according to World Bank, is underscored by the adoption of
Payhippo, a leading AI-powered lender for SMEs in Nigeria, today announced the appointment of Dami Olawoye as its new CEO. Olawoye, who previously served as Payhippo’s CFO, will succeed Zach Bijesse, who is transitioning to a role on the company’s board of directors. Under Bijesse’s leadership, Payhippo achieved remarkable milestones, including disbursing over 36,000 SME
Download the report here. BNPL (Buy Now, Pay Later) wallets are no longer positioned as an invincible challenge to international card schemes. Even the most successful BNPL app providers have opted to collaborate with supposed rivals. Afterpay, for instance, has introduced the Afterpay Plus card, a contactless Mastercard product, and Klarna extended its popular “Pay
Historically, acquirers integrate select payment terminals with their payment application software. Your website probably has a page listing payment terminals merchants can choose to run transactions with your payment services. Each image on that page represents time your development team spent integrating your software with the payment terminal so that you could offer it to
Ecentric Payment Systems, the leader in retail payment processing in South Africa and 17 other African countries, has announced its acquisition of the IP, people, and customers of innovative technology payment solutions company Thumbzup, in a move that will benefit both business’s customers and support Ecentric’s strategy to become the dominant omnichannel player for retailers
Since the brand evolution of Masterpass to Scan to Pay, Powered by Ukheshe, earlier this year, South Africa’s appetite for mobile QR payments has surged. Crafted with the user in mind, Scan to Pay is more than just a payment application – it’s a financial hub tailored for the everyday consumer. “We wanted to provide
Written by Stanchion Payment Solutions. The B2C consumer payments sector has experienced profound disruption over the past five years as fintechs, neobanks and bigtech companies have come to market with innovative digital value propositions. Apple and Google are today synonymous with digital wallets, while the brands of traditional issuers and payments networks have become somewhat
MoData showcased its advanced Fraud and AML solutions to industry experts from across the Southern African region who had gathered to take part in the 8th Edition of the Anti-Money Laundering, Financial Crime & Fraud Southern Africa Conference held earlier this month [September] in Johannesburg. The two-day conference featured speakers from South Africa, the SADC
