Paycorp and Triple-a Partner to Enable Cryptoexpress App Users to Withdraw Cash at Over 3000 Atms Across South Africa

Posted on by Staff Reporter | 109571 Views | 9 min read

Leading global payment company, Paycorp, has partnered with Triple-A, the digital currency payment institution, to allow users of the Paycorp-powered CryptoExpress app, to use their digital currencies to make cash withdrawals at over 3,000 ATMs in South Africa. By offering digital currency holders a simple and practical way to convert their digital currencies and withdraw

Assisted Self-Service Terminals Are Helping Banks Optimise Their Physical Networks – Datos Insights

Posted on by Staff Reporter | 17509 Views | 13 min read

Assisted Self-Service Terminals are helping banks optimise their physical networks The number of Assisted Self-Service Terminals (ASSTs) installed both inside and outside branches worldwide continues to see double-digit growth. These devices are instrumental in migrating transactions away from the teller line and extending access both in terms of service hours and geographic reach Banks seek

Ukheshe & Eft Corporation Announce Market Shifting Fintech Transaction

Posted on by Staff Reporter | 60277 Views | 10 min read

In a significant move for the African fintech ecosystem, Ukheshe International has acquired 100% of EFT Corporation Limited (EFTCorp) from parent Loita Transaction Services (LXS), a pan-African payment solutions and financial switching provider. This transaction follows on Ukheshe’s 2022 acquisition of Masterpass in South Africa and the closing of their funding partnership with Development Partners

Mukuru Distributes Millions in Aid to Vulnerable Africans

Posted on by Staff Reporter | 18899 Views | 22 min read

Next-generation financial services platform, Mukuru, has successfully distributed millions in aid to disadvantaged recipients in Africa through its secure and transparent Enterprise Payments platform. This enables it to help many of those whose lives and ability to earn were disrupted by COVID-19 lockdowns and other economic issues. At the same time, Mukuru has started using

Black Friday Sales Numbers Show Consumer Strain – Ecentric Payment Systems

Posted on by Staff Reporter | 62852 Views | 12 min read

Although the volume of Black Friday and Cyber Monday sales increased over the sales period, data from leading payment service provider Ecentric Payment Systems shows that the value of transactions and the timing of purchases made indicates that consumers are carefully shopping around while also spending less. At the same time, says Wesley Fetter, Product

Futurebank and Paymentology Forge Strategic Partnership to Deliver Instant Issuance and Advance Modernisation Benefits

Posted on by Staff Reporter | 59917 Views | 14 min read

Open banking and Embedded Finance platform, FutureBank, has announced a partnership with leading global issuer-processor, Paymentology, to provide banks and fintechs with streamlined integration to modern card issuing and processing technology, enabling instant issuance of virtual cards. Paymentology provides banks, fintechs and telcos with the technology to issue and process any type of physical or

Entersekt Acquires Modirum 3-D Secure Payment Solutions to Accelerate Global Expansion

Posted on by Staff Reporter | 4714 Views | 18 min read

Entersekt, the financial authentication company, today announced it has acquired the Modirum 3-D Secure software business from Modirum, a digital payment security provider for an undisclosed sum. Modirum is a leader in enabling authenticated, card-not-present payments with a history dating back 25 years. Modirum’s cloud-based 3-D Secure (3DS) technologies and services authenticate digital payment transactions

What Does the Future of Android-Based POS Terminals Look Like? – ExiPay Africa

Posted on by Staff Reporter | 47782 Views | 21 min read

By Derek Keats, MD, ExiPay Africa Most of us probably don’t spend that much time thinking about what operating systems are installed on the point-of-sale (POS) terminals, also known as card machines, that allow us to buy gifts at a boutique, lunch at a food market, or even our weekly groceries. Dig a little deeper,

How Can African Businesses Ensure They Benefit From Evolving Online Payments This Festive Season? – Paystack

Posted on by Staff Reporter | 97646 Views | 24 min read

Payment solution offerings are advancing at a rate of knots, especially with the integration of technologies like AI, biometrics, and voice payments. No longer is it an option for small-scale businesses to offer their wares online without the ability for consumers to pay for their goods via a web-based portal. In fact, PricewaterhouseCoopers’ recent research

European Investment Bank Partners With Central Bank of Kenya to Unlock Climate Finance

Posted on by Staff Reporter | 54684 Views | 15 min read

The European Investment Bank and the Central Bank of Kenya today launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions to finance climate-related investment, enable commercial banks to mobilize climate finance essential to achieving a net zero economy and strengthening the climate resilience of the Kenyan financial systems. The