Wirecard and Gambio launch new payment system GambioPay

Wirecard is expanding its collaboration with the shop system developer Gambio. Together, the two companies have launched the GambioPay payment solution on the market. Gambio GmbH offers more than 20,000 SMEs end-to-end e-commerce solutions for online shops. For this product, Wirecard will take over all payment processing as well as risk management on behalf of

UBA Introduces First Mastercard Debit Card in Mozambique

United Bank for Africa Mozambique (UBA) announced the launch of the first Mastercard debit card in Mozambique to financially empower its citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for the Mozambicans – instantly. In line with the bank’s strategic vision, UBA is introducing innovative

KFH and Mastercard Launch Innovative ‘Mobile Wallet Payment Service’

Kuwait Finance House (KFH), the world’s leading Islamic financial institution and Mastercard, a leading technology company in the global payments industry, have announced the launch of a ‘Mobile Wallet Payment Service’ for the bank’s Mastercard credit and prepaid cardholders. Group Chief Retail and Private Banking Officer at KFH, Waleed Mandani said that KFH is the

Alipay Enters Partnership with VTB to Expand Merchant Network in Russia

Alipay, the world’s largest online and mobile payment platform and lifestyle super app operated by Ant Financial Services Group, announced its partnership with VTB Group, one of Russia’s leading banking groups. VTB Group has recently started merchant acquiring for Alipay payments service in its over-120,000-POS-device network, which now makes VTB Group the biggest partner of

FirstBank Launches MVisa in Nigeria

First Bank of Nigeria Limited has partnered with Visa to launch the Mobile Payments Solution – mVisa. This mobile solution allows customers pay for goods and services by scanning a QR code using a smart phone via the FirstMobile App. Payment goes straight from the consumer’s FirstBank account into the merchant’s account and provides real-time

Mastercard and PayPal Expand Partnership in Asia Pacific to Spur Mobile and Digital Commerce

Mastercard and PayPal announced an extension of their partnership into Asia Pacific to enhance the consumer experience and make Mastercard a clear payment option within PayPal. The deal will expand PayPal’s presence at the point of sale and enable Masterpass for Braintree merchants in the region. Additionally, both companies will collaborate to create opportunities to

mHITs Australia Launches a New Way to Send Money to Zimbabwe Using Mobile Money

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced a new and very affordable way to transfer money from Australia to Zimbabwe using mobile money.  The Australian mHITs Remit mobile remittance service now provides instant, convenient and low cost money transfer from Australia to Zimbabwe with a $5 fee for any transaction amount. “For the

Wirecard Introduces Payment Guarantee for Credit Card Payments

Wirecard, will become one of the first companies in the industry to offer a payment guarantee for credit card payments. The solution is primarily directed at small and medium-sized online merchants for whom payment defaults on the part of their customers are often a significant economic challenge. Wirecard is taking this step as the leader

Wirecard Introduces Payment Guarantee for Credit Card Payments

Wirecard, will become one of the first companies in the industry to offer a payment guarantee for credit card payments. The solution is primarily directed at small and medium-sized online merchants for whom payment defaults on the part of their customers are often a significant economic challenge. Wirecard is taking this step as the leader

Innervation Acquires Rewards Solution Provider Edenred South Africa

CROSSFIN Technology Holdings announced that it has financed the acquisition of the South African subsidiary of leading global corporate services company Edenred through its portfolio company Innervation. Speaking of the deal, CROSSFIN COO Anton Gaylard says the acquisition creates a compelling value proposition for South African corporates. “According to the latest Deloitte Human Capital Trends,