Zapper users can now link their bank accounts in the Zapper app to pay their favourite merchants securely at POS, in just one click South African independent mobile payments, insights, loyalty, and rewards platform Zapper has teamed up with payments and data API Stitch via its LinkPay product, to bring the latest in payments innovation
Capitec customers now enjoy added protection when using Samsung Pay thanks to Entersekt’s SIM age validation capability, also known as MNO (Mobile Network Operator) Authentication. The silent risk signal, which recognises if a SIM card has recently been swapped, helps crack down on the concerning rise in local SIM-swap fraud. South Africans have been particularly
The fintech has gained significant traction with its payment’s app and nationwide agency banking network PalmPay (https://PalmPay.com/), a fintech innovator aiming to make digital payment more accessible and flexible, announced that it has reached 10 million users in Nigeria. This represents a doubling in its user base within just six months and puts its customer
Africa’s fintech industry is coming of age. In the face of political and economic challenges and a global pandemic, fintech on the continent is booming. DOWNLOAD THE ARTICLE HERE
Sub-Saharan African credit provider Unifi is enabling its clients to apply for short-term personal loans and have the money in the bank within minutes. Their impressive speed puts Unifi a few steps ahead of similar products in this space and makes life easy for customers in underserved markets. “While all our customers are formally employed,
iPiD secures US$3.3m seed funding from Rapyd Ventures, Jungle Ventures ,1982 Ventures, Resolution Ventures, Saison Capital, the XA Network, and investor Wing Vasiksiri More than 20 financial institutions around the world signal their interest to use iPiD’s technology Alain Raes, payments industry veteran and former SWIFT Chief Commercial Officer, joins iPiD management team Fintech start-up
Hundreds of thousands of South Africans are paying for their goods by using buy now pay later (BNPL) which is growing 10 – 15% per month and recorded a 50% hike from the first to the second quarter of 2022. According to Payflex, South Africa’s largest BNPL provider with over 300 000 customers, BNPL payments
The service offered by Grey enables its customers to have virtual international bank accounts for free and enjoy a seamless foreign payment process Grey (https://Grey.co), a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers
More cardless ATMs with greater functionality are now available to more people thanks to the ongoing partnership between leading fintech enablement partner, Ukheshe, and leading global payments provider, Paycorp. The partnership sees ATM Solutions, a division of Paycorp, which owns and operates over 4000 Cash Express branded ATMs, add rich embedded functionality to its fleet
FIS is now offering a central infrastructure payment solution through RealNet™ Central, which enables countries to modernize or build their own real-time payments network. Additionally, FIS is launching a Central Bank Digital Currencies (CBDC) Virtual Lab that will allow countries to experiment, pilot and accelerate live CBDC implementations. With real-time payments increasing, many countries must
