Tigo, Selcom and Mastercard Partner to Launch Online Digital Payment Solution in Tanzania

Posted on by Staff Reporter | 36546 Views | 16 min read

All Tigo Pesa customers in Tanzania, can now make online payments globally with their Mastercard Virtual Card. Tigo Tanzania, Selcom and Mastercard Inc. have announced a strategic partnership that will see the three industry leaders revolutionize the digital payment ecosystem by enabling convenient online payments globally through the Tigo Mastercard virtual service via the Selcom’s card-as-a-service

The Exciting Relationship Between Women and Mobile Money in Africa

Posted on by Staff Reporter | 9396 Views | 16 min read

By Rashi Gupta, Group Chief Operating Officer at MFS Africa  The success of mobile money in Africa is well known. If you’ve paid any attention to the continent’s financial and technology spaces over the past decade or so, you probably won’t be surprised to learn that it accounts for around 70% of the world’s US$1

The People’s Own Savings Bank (POSB) Launches Co-Badged Debit and Prepaid Mastercard Cards

Posted on by Staff Reporter | 34697 Views | 20 min read

The Mastercard debit card enables customers to make dual currency transactions on the same card. The prepaid Mastercard card will allow non-account holders to transact in foreign currency.  The Mastercard debit cards will enable safer, simpler, smarter, and accessible transactions inclusive of e-Commerce transactions. POSB in partnership with Mastercard has unveiled new prepaid and debit

PAYM8 Launch a New SoftPOS Solution in Partnership with WIZZIT

Posted on by Staff Reporter | 29212 Views | 6 min read

Financial gateway service provider, PAYM8, in partnership with WIZZIT, has introduced its Tap-on-Phone SoftPOS solution.  The solution offers an innovative alternative to traditional point-of-sale devices and will give PAYM8 customers a safe, easy way to pay that can be used anywhere. The solution meets PCI (Payment Card Industry) and EMV (Europay, MasterCard, and Visa) requirements.

AccesBanque Migrates ATM Acquiring and Card Management Businesses to Compass Plus Technologies Processing Centre

Posted on by Staff Reporter | 60497 Views | 11 min read

AccesBanque Madagascar, part of AccesHolding Group and one of the largest commercial banks in the country, has successfully migrated its ATM acquiring and card management businesses to Compass Plus Technologies’ processing centre. The move enables the bank to further expand its business offering and launch new products and services at pace.  AccesBanque’s mission is to

How Biometrics Can Fuel Inclusive Growth in Nigeria’s Information and Communications Technology (ICT) Sector

Posted on by Staff Reporter | 11981 Views | 15 min read

This technology also plays a powerful role in digital and financial inclusion  Nigeria is at an inflection point where it needs to adopt enabling technologies at scale to support high growth in the telecommunications and digital sectors. Using the right technology as a catalyst, these sectors can support financial inclusion and widespread economic growth. Gur

Etisalat by e& Egypt and Mastercard Partnership Will Redefine Digital Experience and Commerce for Millions in Egypt

Posted on by Staff Reporter | 60651 Views | 12 min read

Following the region wide partnership between e& group and Mastercard, Etisalat by e& Egypt and Mastercard partner to enable Etisalat Cash customers to pay online anywhere in the world Mastercard’s technology will create new digital commerce opportunities and drive deeper engagement through its loyalty platforms for millions in Egypt The partnership will further drive financial

Building Trust After the African Polycrisis

Posted on by Staff Reporter | 11695 Views | 15 min read

Columbia University’s Adam Tooze joins the debate on confidence and growth in Africa, launching the public discussion programme of the recently established Standard Bank Chair in African Trust Infrastructures at the University of the Witwatersrand. Standard Bank’s corporate commitment to Africa’s growth recognises the role of education and research in the development of the African

Bank of Namibia Launches Automated Regulatory Reporting System – A First for Namibia

Posted on by Staff Reporter | 11603 Views | 15 min read

The Bank of Namibia (the Bank) is pleased to announce the launch of Namibia’s first-ever Automated Regulatory Reporting System, available to regulated and supervised entities licensed by the Bank to conduct banking, currency exchange, and payment service provision activities from 01 February 2023. The acquisition of the system comes at a time when regulators and

Preparation for Discontinuation of Cheques in Botswana

Posted on by Staff Reporter | 12222 Views | 3 min read

The Bank of Botswana and the Bankers’ Association of Botswana hereby remind the public that as per the previous public notice(s), the Botswana Automated Clearing House (BACH) will cease to accept cheques for clearing as at December 31, 2023. Accordingly, the use of cheques as a means of payment in Botswana will be discontinued by