Speaking at an event hosted at AfricaCom in Cape Town this week, Clickatell co-founder and CEO, Pieter de Villiers shared his insight into chat commerce and chat banking and how they will forever change the way business is done on the continent. Chat commerce and chat banking have revolutionised the way companies are serving their
According to the National Credit Act (NCA), consumers are entitled to a free copy of their credit report once a year. In the June 2019 quarter, consumers requested 248 785 credit reports from different credit bureaus. Of these credit reports, 75.61% (188,094) were issued without charge, and the remaining 24.39% (60,691) were issued with charge. Nosipho
Duco’s automated matching process provides the capacity of two full time employees. Having gone live in 24h, costs are now capped, enabling rapid and controlled scaling. Duco, the global leader of cloud-based enterprise data integrity and next-generation reconciliation services have announced that Mama Money, the world’s first social business money transfer operator, has gone live
Cashless payments have come a long way in recent years, but cash is still a popular means of payment in most countries, particularly those with large rural and unbanked populations. ATM cash withdrawals will continue to increase in most countries After many years of growth, the total number of ATM cash withdrawals worldwide dropped by
Zazu and Mastercard partnership to drive digital payment adoption and reduce cash through globally accepted prepaid and virtual cards In a market first, Zazu Africa Limited (Zazu) announced a partnership with Mastercard to issue prepaid cards linked to the Zazu app in a move that will help to reduce cash dependence and increase financial inclusion
Ingenico Group the global leader in seamless payment, and Singapore-based Fintech Pundi X have just announced a major milestone in the global adoption of crypto payments, as Pundi X has completed the integration of their XPOS software with the point-of-sale (POS) APOS A8 devices of Ingenico. Leveraging blockchain to facilitate payments Through this partnership, merchants
Interswitch Limited, a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa, and Visa Inc., the world leader in digital payments, today announced a strategic partnership that will further advance the digital payments ecosystem across Africa. As part of the agreement, Visa will acquire a significant minority equity
Having completed its core value proposition, preparations are underway to open its digital doors Bank Zero has now fully completed its core value proposition by going live with its debit card. Following this card go-live, rigorous health-checks such as simulated card attacks, card fraud detection and retailer readiness are currently underway. Thereafter the final countdown
GCB Bank has posted profit before tax of GH¢317.13 million for the nine months period ending September 30, 2019. This is an improvement over the GH¢224.99 million recorded over the same period in 2018 financial year and represents 40.9% increase. During the period, total revenue amounted to GH¢1.13 billion, up 25.1% compared to GH¢ 903.23
The National Payment System (NPS) impacts the lives of all South Africans. Essentially, it exists to serve the economy by ensuring the safe and efficient circulation of money between senders and recipients, and through it the people (both individuals and corporates) of South Africa. As with all payment systems in the world, South Africa’s NPS
