Visa has released the fourth edition of its Africa Integration Index at the World Economic Forum in Durban. Titled Connecting for Growth, Economic Inclusion & Prosperity, the research expands on previous editions to include more countries, covering 75% of Africa’s population and 85% of its output. Assimilating country and industry data, together with information proprietary
Research on the global payment cards market forecasts continued strong growth in the Middle East and Africa and highlights significant opportunities for the international card schemes Many people still do not have a payment card According to RBR’s Global Payment Cards Data and Forecasts to 2021, the number of cards in issue in the Middle
The Government of Rwanda and Mastercard have reaffirmed their shared commitment to the development of strong digital platforms to meet the needs of the country’s citizens and work towards Rwanda’s goal of promoting a cashless society. According to FinScope 2016, 68 percent of adults in Rwanda have/use formal financial products/ services. The partnership agreement signed
The Government of Rwanda and Mastercard have reaffirmed their shared commitment to the development of strong digital platforms to meet the needs of the country’s citizens and work towards Rwanda’s goal of promoting a cashless society. According to FinScope 2016, 68 percent of adults in Rwanda have/use formal financial products/ services. The partnership agreement signed
Cash cost consumers R23 billion or 0.52 percent of the country’s Gross Domestic Product in 2015, according to a new Mastercard study released at the World Economic Forum on Africa. These costs are disproportionately carried by low-income earners, serving as a major barrier to financial inclusion. Despite an increase in the number of banked adults
Cash cost consumers R23 billion or 0.52 percent of the country’s Gross Domestic Product in 2015, according to a new Mastercard study released at the World Economic Forum on Africa. These costs are disproportionately carried by low-income earners, serving as a major barrier to financial inclusion. Despite an increase in the number of banked adults
Equitel has introduced an EazzyPay Paybill number 206206 on the eCitizen platform that will allow for the payment of driving license fees, name, land searches, passport application and business permits. Nyeri, Kisumu and Mombasa Counties are also using the EazzyPay 206206 Paybill number to accept payments for services such as public health certificates and liquor
NCR Corporation, a global leader in omni-channel solutions, announced that its state-of-the-art manufacturing facility in Budapest has achieved the unique distinction of manufacturing its 350,000th ATM in a record period of just 11 years. The Budapest facility remains NCR’s largest manufacturing facility in the world with over 750 employees and manufactures ATMs for the U.S.,
NCR Corporation, a global leader in omni-channel solutions, announced that its state-of-the-art manufacturing facility in Budapest has achieved the unique distinction of manufacturing its 350,000th ATM in a record period of just 11 years. The Budapest facility remains NCR’s largest manufacturing facility in the world with over 750 employees and manufactures ATMs for the U.S.,
The theme of this year’s World Economic Forum on Africa is “Achieving Inclusive Growth”. This is part of the response by global leaders to the urgent need to reduce inequality and increase inclusion in the international economy. The centrality of the banking sector to economic activity makes this a particularly important theme. This year’s theme
