MicroSave and The MasterCard Foundation to Help Advance Digital Finance Services in Francophone Africa

MicroSave, in partnership with The MasterCard Foundation, launched a new program to develop tailored training courses in digital financial services (DFS) in francophone markets of Africa. The program is expected to benefit over 250 DFS providers and will focus on the WAEMU region, the Democratic Republic of the Congo, and Madagascar. Additionally, a DFS knowledge

Agribank Upgrades EMV Network Using Compass Plus Solutions

Vietnam Bank for Agriculture and Rural Development (Agribank) has updated its entire EMV network, including ATMs and POS terminals, which function using solutions from Compass Plus. The update improves the level of security and fraud protection for Agribank’s card services, as well as bringing its customers into line with the global trend for EMV chip

Africa’s Largest eCommerce & Fintech Show Returns to Cape Town this February

Africa’s leading eCommerce & Fintech event, brings together a diverse array of key decision makers in online retail, payments, customer insight and logistics businesses operating across Africa. Now in its third year, the eCommerce MoneyAfrica Confex returns to the Cape Town International Convention Centre from 22nd – 23rd February 2017. With eCommerce forecasted to grow

BMO Harris Bank Expands Surcharge-Free ATM Service with New Cardtronics ATM Branding Agreement

BMO Harris Bank is expanding its ATM branding relationship with Cardtronics to provide its customers with surcharge-free ATM access at more than 60 BMO Harris Bank-branded ATMs at Speedway convenience stores in Wisconsin, including the Milwaukee metro area. BMO Harris Bank’s extended partnership with Cardtronics also provides customers with continued fee-free access at an additional

Boon. With Apple Pay is Coming to Switzerland

As one of the leading payment service providers, Wirecard is launching its mobile payment solution boon in Switzerland. After establishing the application in the UK and France, Switzerland is already the third market, where customers can benefit from boon with Apple Pay which is transforming mobile payments with an easy, secure and private way to

Boon. With Apple Pay is Coming to Switzerland

As one of the leading payment service providers, Wirecard is launching its mobile payment solution boon in Switzerland. After establishing the application in the UK and France, Switzerland is already the third market, where customers can benefit from boon with Apple Pay which is transforming mobile payments with an easy, secure and private way to

Huduma Card in Kenya Delivers Cashless Efficiency, Powered by Mastercard Technology

Mastercard commits to supporting the roll-out of the Huduma Card in Kenya as the technology partner of choice for the local government organisation. The secure payment solution supports Kenya’s Vision 2030 that calls for reforms in public services to enhance accountability, transparency and efficient service delivery, with focus on developing a cashless economy. The Huduma

Barclaycard Signs With VocaLink For Pay By Bank Merchant Mobile Payments

VocaLink and Barclaycard have announced a partnership to enable their merchants to accept mobile payments through the Pay by Bank app. Pay by Bank app allows shoppers to pay quickly and securely for goods and services on a mobile device, without the need to enter credit or debit card details. By using the Pay by

Proxama Picks Up Another South African Payment Card Deal

Proxama PLC has won a five-year contract with a South African financial group for its payment card issuing, PIN and management technology. Revenue earned from software licences, services and support will be £0.365mln in 2017 and a minimum of £0.691mln in total over the five years, with additional payments if certain card capacity thresholds are

A Cashless Economy Helps Bridge Inequality – Lessons For SA

South Africa can learn from the Indian government’s moves to bank its unbanked population by limiting the amount of cash that can be drawn at one time, identifying populations with high potential to ‘go cashless’, and by subsidising smart phones. Financial inclusion of the poor is key to poverty alleviation and critical to its success