Mastercard and Nigerian Business Leaders Commit to Transforming Nigeria’s Cities into Economic Hubs

With half of Nigeria’s population currently living in cities, it is critical that a development framework is in place to ensure future growth is sustainable. This was a key message highlighted at the Mastercard CEO Conversations dinner held last night, where dialogue focused on: ‘Developing Nigeria’s Smart Cities through Technology Transformation’. Bismarck Rewane, renowned economist

NCR Partners with Samsung, Unveils All-in-One Commerce Station

NCR Corporation, in collaboration with Samsung Electronics America, Inc., today launched NCR Silver Quantum™, an all-in-one point-of-sale (POS) commerce station featuring an integrated payment device with mobile wallet acceptance capability, customer display, loyalty scanner and Samsung Galaxy tablet. The NCR Silver Quantum commerce station provides merchants a sleek, efficient system to better manage customer POS

Ecobank Group Research Reveals Three Key Emerging Trends for Africa

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched at AfricaFICC. Indicating a positive outlook for the continent, three key trends are forecast to take hold during the next 12 months. The first indicates an economic

UnionPay is accepted at all ATMs in Egypt and will be available at 40% of merchants

UnionPay International announced today that it has reached cooperation with Banque Misr in Egypt. The two sides have agreed to enable UnionPay acceptance at all the Bank’s local merchants by the first quarter of 2018. The agreement enhances UnionPay acceptance penetration at the local POS terminals to 40%. Now, cardholders are already able to withdraw

Visa Introduces New Payment Wearables for Olympic Winter Games 2018

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled

Visa Introduces New Payment Wearables for Olympic Winter Games 2018

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled

Card Issuers Upgrade from Maestro and Electron to Mastercard and Visa

RBR’s latest research shows that issuers in Europe are taking advantage of the wider acceptance enjoyed by Mastercard and Visa by upgrading Maestro and Visa Electron cards. Switching to Mastercard and Visa main schemes increases usage According to RBR’s new study, Global Payment Cards Data and Forecasts to 2022, issuers in Europe are continuing to

Net1 Launches One of the World’s Largest Virtual Card Programs with MobiKwik and IDFC Bank

Net1 has announced that One MobiKwik Systems Private Ltd. (“MobiKwik”) has launched one of the largest global virtual card programs in partnership with IDFC Bank Ltd (“IDFC Bank”) and Visa using Net1’s proprietary virtual card technology in India. The virtual prepaid card is currently available by invitation only, and will be rolled out to all MobiKwik

TerraPay and Wari Enter a Strategic Partnership for Cross-Border Money Transfers

TerraPay, the world’s first mobile payments switch, and Wari, a global platform offering digital financial services have signed a strategic partnership agreement that will strengthen the remittances ecosystem in 35 key African markets. The partnership is aimed at interconnecting the global money transfer operators with mobile wallets and bank accounts in Africa. With this partnership

TerraPay and Wari Enter a Strategic Partnership for Cross-Border Money Transfers

TerraPay, the world’s first mobile payments switch, and Wari, a global platform offering digital financial services have signed a strategic partnership agreement that will strengthen the remittances ecosystem in 35 key African markets. The partnership is aimed at interconnecting the global money transfer operators with mobile wallets and bank accounts in Africa. With this partnership