Ingenico Group, global leader in seamless payment, announces a strong acceleration in the deployment of its mPOS solution in Italy, notably in response to a new legislative framework that requires all merchants to accept card payment for all transactions over €30. Over 45,000 merchants adopted Ingenico’s mPOS solution with over 1M transactions carried out in
Citigroup and MasterCard announced that the companies have signed a new and expanded 10-year agreement. Citi will begin aligning the company’s consumer proprietary credit and debit portfolios to the MasterCard network in 2015. Citi will continue to work with other networks, including on consumer co-brands and commercial cards. “Citi’s new global agreement with MasterCard harnesses
SA banks have achieved slightly higher customer satisfaction scores than last year, although expectations seem to be rising, according the South African Customer Satisfaction Index (SAcsi) released. The overall score was 76.3 out of 100 (2013: 75.6). The banks measured were FNB, Absa, Nedbank, Standard Bank and Capitec. They were selected on the basis of
ZAZOO, a business unit of Net 1 UEPS Technologies, Inc., announced that it has partnered with UBER, the innovative smartphone technology that connects riders with drivers, in South Africa. ZAZOO’s revolutionary VCpayTM mobile application enables people who do not own credit cards to create virtual MasterCards that can be used to pay for the UBER
MoneyGram, a leading global money transfer company, announces that its agent network in Africa has now reached 25,000 locations, following a strategic expansion initiative across the continent. Recent technology advances and new agent and sub-agent signings, including an agreement with the Mauritius Post Office to offer money transfer services at more than 100 locations, have
Cardtronics, Inc., the world’s largest retail ATM owner / operator, has launched ATMpass, a membership program that gives consumers surcharge-free cash access at thousands of participating ATM locations. ATMpass was developed to give consumers the freedom to choose convenient ATM cash access, independent of their financial institution’s ATM network. With an ATMpass membership, users can
New mobile payment platforms can provide a foundation for financial inclusion in South Africa and beyond, says David Abbott of Fiserv, a leading global provider of financial services technology solutions. But who will build the robust ecosystem required to fulfil their potential? The growing use of banking services in South Africa is driven by a
The World Tourism Organisation reports that tourism continues to be an important driver of socio-economic development in Africa, after growing from 26 million international tourists in 2000 to 56 million in 2014. According to Wiza Nyondo, Head of Niches at FNB Business, “Tourism in Africa continues to prove its resilience despite numerous challenges across the
GlobalCollect, an Ingenico Group company and the world’s most knowledgeable payment service provider, announced a range of mobile solutions that help online merchants optimize the consumer experience from mobile devices, reduce the number of clicks required for a mobile payment, and drive conversion of mobile visitors into revenue. Mobile devices have changed our world. They
Bluefin Payment Systems, the leading provider of card present secure payment technology for Independent Software Vendors (ISVs), enterprises, financial institutions, and small to medium-sized businesses, and Small Business Workbench an easy-to-use online cash forecasting tool bundled with working capital apps designed specifically for small businesses, have partnered to provide Bluefin’s PayConex and QuickSwipe PCI-validated Point-to-Point
