Key highlights of the acquisition include: The current management team of VANSO will be absorbed into the Interswitch management organisation. VANSO CEO, Denis O’Brien will lead the Interswitch mobile payment’s business unit with a mandate to drive aggressive organic and geographic growth. Denis brings nearly two decades of financial technology experience in Africa. VANSO’s existing
HomeSend and Ericsson announced a strategic partnership to simplify and accelerate the adoption of international remittances via mobile across emerging markets. With access to HomeSend’s growing network of money transfer operators (MTOs), cash agents and banks in over 200 countries, 50 million Ericsson-powered mobile wallet users will benefit from easier and faster international payment services. The Ericsson
“Our study confirms that not only is there a huge appetite for new ways to pay, but consumers overwhelmingly want to use their mobile phones. In fact, many are ready to do so right now. For decades, payment cards have been the only reasonable alternative to cash – but consumers are saying loud and clear
Bank of Kigali and RwandaOnline announced at the technology company’s Innovation Forum in Budapest, Hungary a partnership to launch Irembo– an online payment solution in Rwanda powered by Mastercard Payment Gateway Services. Aimed at fast-tracking payments in the country, this new solution will make online payments safer, simpler and smarter. As outlined by Mastercard at
The Mastercard Impact of Innovation study surveyed 23,000 consumers in 23 different countries across Europe, Africa and the Middle East about their attitudes to digital technology. In South Africa, the study gathered data from over 1,000 internet users with bank accounts between the ages of 20 and 50. It found that while in South
Thames Card Technology Ltd has expanded its retransfer manufacturing capabilities in response to market demand for the production of co-branded or personalised cards from program managers, issuers and card processors. The new hardware, a combination of XID 8300 and XID 9300 machines, reduces the time to market and cost of producing a range of bespoke
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