Transfast Partners with Uber and Pulls Another First for Remittances

Transfast launched a partnership with Uber, offering a free Uber ride to the sender and recipient of funds transfers to Nigeria. The partnership marks the first time Uber has teamed up with a funds transfer company to connect global funds transfer and Uber ridership, according to Uber. Transfast will offer customers and their recipients in

Banks Embrace the Omnichannel Experience at Branch Transformation 2016

th and 7th December. The customer journey is at the heart of transforming the branch As mobile and internet banking continue to gain momentum, banks and suppliers are innovating with branch formats, processes and technology, striving to create an efficient branch network which remains relevant and maximises profitability. There is a shift from a traditional

Wirecard and Commerzbank Offer Joint e-Commerce Solution

Marc Starzmann, Munich Branch Manager of the Commerzbank-Mittelstandsbank, explains the cooperation with Wirecard, “As the undisputed market leader in SME financing, we support many large, but also start-up, online merchants, so as to benefit from the continuing e-commerce boom. We are delighted to have found a professional partner in Wirecard, who understands our customers’ needs.”

Why Fintech has Created a Golden Moment of Opportunity for Savvy Banks

Entersekt. Despite the wave of negative sentiment towards the financial sector and banks in particular since 2007, consumers have continued to trust that their money is in safe hands. For decision makers within the banking sector, now is undoubtedly a critical moment to harness this trust and build on it. As it stands, banks are

HomeSend, Mastercard Aim to Transform the $3bn Remittance Industry in Ethiopia

HomeSend and the Commercial Bank of Ethiopia (CBE) announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country. Launched in 2014, HomeSend is a joint venture of Mastercard, eServGlobal and BICS that enables business

Ericsson and Grundfos Enable Simplified Access to Drinking Water Through Mobile Wallets

Ericsson announced that it has joined forces with Scandinavian company, Grundfos, to offer an integrated solution that improves access and payments for drinking water. The collaboration ensures easy connection of mobile wallet providers and water service providers, to simplify access for the end consumer. It involves the Ericsson M-Commerce Interconnect that provides a global payments

Online Shopping Made Simple, Easy, and More Secure with Visa

Aramex Global Shopper, Discovery, Emirates Airline, TicketPro, WebTickets and YuppieChef. Shoppers can now enjoy this digital checkout service that allows them to pay with their cards online and on any device that’s connected to the Internet, with just a few clicks. [video width="854" height="480" mp4="https://paymentsafrika.com/wp-content/uploads/2016/09/Visa-Script-01_Online.mp4" autoplay="true" preload="auto"][/video] Enrolling in Visa Checkout is a simple, one-time

Digital Payments Could Boost Tax Revenue by US$500 Million and Drive Economic Modernization in Tanzania

A new study  from the United Nations-based Better Than Cash Alliance provides findings about the large potential gains for governments, businesses and citizens when digitizing payments. Many emerging economies are grappling with how to modernize their economies, improve transparency, drive sustainable growth and advance financial inclusion. This study on Tanzania’s digital payment initiatives reveals the very