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Standard Chartered Bank and Ant Financial Sign MOU

Standard Chartered Bank (“SCB”), a leading international banking group with a strong presence in Asia, Africa and Middle East, and Ant Financial Services Group (“Ant Financial”), one of the world's Read More →

SASSA Paydays Normalise from January after December Early Payment

Social grants are usually paid from the first of every month except in December. As from January 2018 SASSA will pay beneficiaries who use banks, ATM's and merchant outlets from Read More →

PayU Nigeria Launches Secure Online Payment Requests with PayU Receive

Businesses in Nigeria can now securely request and receive payments directly from their customers using PayU’s secure product called PayU Receive. PayU Receive is a secure payment solution that facilitates business-to-business Read More →

GTBank Wins Nigeria’s Best Bank & Africa’s Best Bank for CSR at EMEA Finance Awards

Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as the “Best Bank in Nigeria” and the “Best Bank Read More →

Global Card Payments Set to Rise by more than half to 500bn by 2022

Growth in card usage outpaces growth in card numbers as a result of contactless technology and wider acceptance. Increasing contactless usage and rising card acceptance fuel cards boom The total number of Read More →

Low Card Acceptance at Informal Enterprises Despite High Consumer Demand

More than 51 percent of South Africa’s informal enterprises have encountered strong customer interest in paying by card, yet around 90 percent of them continue to run as cash-only businesses. Read More →

Ingenico and Crédit Mutuel-CM11 Group Demonstrate First American Express Card Acceptance Solution

Ingenico Group, the global leader in seamless payment, American Express and Crédit Mutuel-CM11 Group has announced the successful completion of a card payment acceptance proof-of-concept, based on the latest nexo-FAST Read More →

WorldRemit Raises $40m to Target 5 Million Customers in Africa

Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these Read More →

Using Prepaid Cards to Drive Financial Inclusion in Nigeria

The prepaid industry is now a truly worldwide market. Since launching in the mid-1990s in the US and the first programme in Europe in 1999, the popularity of prepaid cards Read More →

Visa Readies Digital Payments for the Projected 500,000 Visitors Traveling to Russia for the 2018 FIFA World Cup

In celebration of the Final Draw for the 2018 FIFA World Cup Russia™, Visa (NYSE: V), the Official Payment Service Partner of FIFA, released travel and spending data for the Read More →

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