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
Mobile wallets just became even more useful with the announcement that Mastercard, the leading company in payments technology, is adding Bee, the smart payment solutions provider, as a key player to its interoperable mobile ecosystem. Bee is now fully integrated on Mastercard ecosystem to expand mobile wallets payments options. The partnership with Bee offers complete
Mobile wallets just became even more useful with the announcement that Mastercard, the leading company in payments technology, is adding Bee, the smart payment solutions provider, as a key player to its interoperable mobile ecosystem. Bee is now fully integrated on Mastercard ecosystem to expand mobile wallets payments options. The partnership with Bee offers complete
South African eCommerce merchants can now finance their businesses easily and shoppers can make purchases on credit just as easily. This is the result of two collaborations entered into by PayU, SA’s largest online payment gateway. The collaborations, with leading merchant financing company, Lulalend, and consumer credit provider, Mobicred, are set to boost an eCommerce
South African eCommerce merchants can now finance their businesses easily and shoppers can make purchases on credit just as easily. This is the result of two collaborations entered into by PayU, SA’s largest online payment gateway. The collaborations, with leading merchant financing company, Lulalend, and consumer credit provider, Mobicred, are set to boost an eCommerce
Visa, a global payments technology company, announced that it has opened its regional headquarters for the Western and Central Africa region in Abidjan, Cote D’Ivoire. Visa staff will work with local governments, financial institutions and merchants to bring the benefits of electronic payments, and introduce new payments technologies such as mVisa to more people in
Visa, a global payments technology company, announced that it has opened its regional headquarters for the Western and Central Africa region in Abidjan, Cote D’Ivoire. Visa staff will work with local governments, financial institutions and merchants to bring the benefits of electronic payments, and introduce new payments technologies such as mVisa to more people in
Africa is coming off an enviable streak of strong growth. For the past 16 years, the region has maintained an average GDP growth rate of five percent, which has outperformed the global average by about two percentage points per annum. However, recent disruptions in global commodity prices and greater competition for global trade have made
The Kenyan Government has provided a vote of confidence in the implementation of the Huduma Card in the country, and its role in driving financial inclusion. The announcement was highlighted during the 2017 World Economic Forum (WEF) on Africa, and is in line with the events focus on showcasing how Africa is ensuring its citizens
Gemalto , the world leader in digital security, has opened a new banking card personalization center in Dubai, bringing the benefits of highly responsive, locally-based support to the region’s fast developing financial services sector. The new center is fully certified by Visa and MasterCard, and offers a one-stop solution for EMV card personalization and associated
