CRAMO chooses Purchase to Pay Solution from Basware

Basware has signed a corporate wide agreement with CRAMO concerning Purchase to Pay (P2P). CRAMO offers overall solutions for the construction sector and meets the private and public sectors’ needs of machinery, equipment and modular facilities. The agreement initially covers 1.500 users in Finland, Sweden, Norway, Denmark, Germany and Austria. By gathering solutions for purchasing,

PayByPhone Tackles the Challenges of Urban Mobility with Mobile Payment Innovation

PayByPhone, a world leader in mobile payments for parking, is disrupting the traditional parking landscape for cities and consumers. Using breakthrough mobile technology, life is becoming easier for city dwellers around the world. With the introduction of initiatives such as Google’s Sidewalk Labs, there is increasing pressure on technology developers to provide better solutions for

Right Issue to Raise CRDB Bank Profit

CRDB Bank expects another robust performance in the second quarter of the year thanks to a recent expansion drive and business mix portfolio, the bank’s Managing Director, Dr Charles Kimei, has said. CRDB bank posted a net profit of some 37bn/- in the first quarter, while assets climbed to 200bn/- to 4.4tri/-, which was the

EMV Card Distribution Does Not Equate to EMV Cardholder Awareness

EMV has been widely perceived as more stick than carrot, with both issuers and merchants dragging their feet on the October 2015 readiness milestone. However, the actual state of EMV card penetration — and, more important, the extent of cardholder awareness — has been elusive. JAVELIN released State of EMV Cardholders: Opportunities to Capitalize on

TSYS Research Reveals Canadian Consumers Prefer Credit Cards as Payment Choice

TSYS announced the results of its 2015 Canadian Consumer Payment Choice Study. The second annual research found that when given a choice, 46 percent of Canadian consumers prefer to pay using their credit cards more than any other payment method. That’s up from 34 percent in 2014. The recent online survey of more than 1,200

$120bn Trade Finance Gap is Holding Back Africa’s Growth

Lack of access to affordable trade finance is holding back the economic and employment potential of African countries, says Stanbic Bank a member of Standard Bank. According to the African Development Bank’s (AfDB) recent report on trade finance in Africa, the conservative estimate for the value of unmet demand for bank-intermediated trade finance is between

Zipzap mPOS Now Offer a USB Connected Payment Solution

In an innovative move by Paycorp, South Africa’s leading independent payments company, ZipZap mobile POS (mPOS) now provides an additional card reader that enables businesses and retailers to connect to a Windows computer via a USB port as well as the standard Bluetooth capabilities. Wayne Abramson, CEO of EFTPOS, the point-of-sale (POS) subsidiary of Paycorp said:

JUMIA Honored by the Visit of Post and ICT Minister Mister Bruno KONE Satisfied by the Work Accomplished

The Minister of Post and Information and Communication Technology visited Monday, June 22nd the premises of JUMIA Côte d’Ivoire in Treichville – Abidjan. The company founded in June 2013 is behind the first ecommerce website in Côte d’Ivoire and as such, has become an example in the popularization and use of New Information and Communication

Why Use Mobile Payments?

Technological developments are often greeted with a mixture of excitement and cynicism. Mobile payments are no different. Amongst all the hype and bluster, however, a fundamental question seems to be largely overlooked – why use mobile payments? Here are just a few reasons to leave your cash and card at home, and pay with your