Vodafone Wallet users will be able to pay for goods and services contactlessly using their MasterCard cards, with the service scheduled to launch to consumers in European markets within weeks. Contactless card payments using Vodafone Wallet require a Vodafone NFC SIM and are supported on more than 60 Android smartphones. Customers can simply: Activate the
United Bank for Africa (UBA) is changing the payments landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards offer UBA customers an easier and more convenient hassle-free way to pay for goods and services. It is the latest innovation from the digital banking division of pan-African financial services UBA, which has built
Paypal announced their agreement to acquire Xoom earlier this year, one of the most innovative providers in the international remittances space. Today, they are thrilled to announce that the acquisition is complete and Xoom is officially part of the PayPal family! PayPal is reimagining financial services, making it simpler, safer and less expensive for people to spend,
CRDB Bank plans to open branches in the Democratic Republic of Congo (DRC) and Zambia, Managing Director, Dr Charles Kimei, said at the weekend. “Plans are underway to venture in the Democratic Republic of Congo and Zambia. We are already operating in Burundi,” Dr Kimei said during the bank’s Family Day. He said the bank
The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is still much to be done. But the answer may be staring us in the face,
Access Bank Tanzania has appointed agents countrywide dubbed ‘Access Bank WAKALA’ being part of initiatives to expand its range of financial services to its customers. Through the agents, customers can easily access various real time services such as cash deposit, cash withdrawal and initiate the process of account opening remotely without necessarily visiting a branch.
MasterCard announced the new startups comprising the first global Start Path class. During the six-month program, customized mentoring from MasterCard experts, in addition to access to the company’s commercial partners and the opportunity to integrate with MasterCard solutions. The startups will also have access to nearly 40 startups who have been previously mentored by Start
PayPoint Romania, the leading retail-based bill and mobile top-up payment service in Romania has signed an agreement with Neosurf, an international provider of prepaid services for online payments. From now on, Romanian consumers will be able to exchange cash for Neosurf e-money in order to pay online in a simple, safe and convenient way. Recent
The mobile payments company Fortumo is announcing the launch of a voucher management platform for the sale of digital goods. The platform also supports running marketing campaigns, enabling the vouchers to be used for cross-platform license management for other accounts and user acquisition. Fortumo’s voucher platform has built-in support for giving users access to content
HomeSend, announced an agreement with Geoswift to provide streamlined, efficient payment services into China. Through the partnership with Geoswift, HomeSend’s global partners can now provide their customers with the ability to send money directly to consumers and businesses in China, in local currency. Geoswift is an innovative payment technology company connecting China and the rest
