Zapper and Yoyo (previously wiGroup) are working together to broaden interoperability in the QR code space, giving their merchants access to more payment options with a single QR code, ensuring customers can pay quickly and safely with their favourite mobile payment option. This partnership between Zapper and Yoyo is currently available at the Famous Brands’
The present report provides a valuable contribution to regulators, financial institutions, non-profit organizations as well as fintech companies Technological advances combined with big data, artificial intelligence and distributed ledger technologies are opening new avenues for Islamic finance to achieve its objectives of integrating finance with productive activities and reflecting the moral values by adhering to
New Certification And Recycling Programs to Inform Consumer Choice According to a recent Mastercard study, 58% of consumers are more mindful of their impact on the environment, with 85% willing to take personal action this year. Mastercard makes this promise easier to realize with a new badge to identify cards made more sustainably from recyclable, recycled,
Just over four out of five (82%) South African consumers indicated in a recent survey that their household income has been negatively impacted by Covid-19. In addition, 84% of these consumers are concerned about their ability to pay bills and loans, while 31% expect to run short within one month. To tackle these frightening statistics
Rising over $3.7 Trillion in the Next Five Years A new study by Juniper Research has found the total value of transactions processed by POS terminals will exceed $17.3 trillion in 2026, from $14.8 trillion in 2021; growing 28%. The growth is driven by a continually evolving payment processing landscape in which cash plays a reduced role.
In an effort to promote a domestic saving culture in Kenya, Britam partners with Cellulant to provide flexible savings with Imarika Wallets on Tingg Brtitam has signed a partnership with Cellulant, Africa’s leading financial technology company, to offer mobile-based investment solutions. This partnership aims to provide users in Kenya with a seamless digital platform where they
Shareholders of GCB Bank Ltd are to enjoy a 25 per cent increase in dividend payment over the 2019 dividend payment. Following a sterling performance in the 2020 financial year, the Board of the Bank has recommended a dividend payment of GHc0.25 per share, representing a 25 percent increase on 2019. According to the 2020
Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, the leading pan-African bank with operations across 34 countries, held its 33rd Annual General Meeting (AGM) & Extraordinary General Meeting virtually on the 27th of May. Ecobank Group Chairman Mr Alain Nkontchou said: “I became Chairman of the Ecobank Group in June 2020, when our
Virtual cards will unlock untapped potential in the commercial cards sector thanks to the extra security, control and efficiency they provide Rising proportion of European commercial card spending is virtual An impressive €42.7 billion was spent on European virtual commercial cards in 2019, accounting for 12% of total commercial card spending, according to RBR’s 19-country
Data published by EMVCo shows that at the end of 2020, 10.8 billion EMV® chip cards were in global circulation – an increase of nearly 1 billion compared to the previous twelve months. In addition, EMVCo reports that 66% of all issued cards are EMV, with over 86% of all card-present transactions conducted globally using EMV chip technology.
