Klasha Expands to Ghana to Facilitate Frictionless Online Commerce and Cross-border Payments

Klasha, a San Francisco and Lagos-based cross-border company building technology infrastructure for cross-border commerce in Africa, has announced its launch in Ghana. Launched in Nigeria in May 2021, Klasha’s solution helps merchants worldwide sell online to Africa and receive payments in local African currencies while enjoying superfast last-mile delivery to consumers across the continent. This

Interswitch Partners with Interstellar to Develop Blockchain-Powered Infrastructure Services and Solutions

Africa’s first Enterprise Blockchain Infrastructure Services organization signs a long-term strategic partnership agreement with Africa’s first Fintech Unicorn to develop Blockchain-powered Infrastructure Services and Solutions. Interstellar and Interswitch have been working together over the last two years, carrying out blockchain technology research. As part of the partnership, Interstellar’s Blockchain technology stack called STARGATE will be integrated with

Yoco Partners with Retail Stores Across South Africa to Increase Financial Inclusion

Allowing more entrepreneurs  to transact via in-person card payments, simply and securely Payments and software company, Yoco, has partnered with over 700 retail stores nationwide, to allow more merchants access to affordable and efficient electronic card machines and financial tools to start and run their businesses. Entrepreneurs are seeing a growing tapes surrounding product structures

OpenWay report | Buy Now, Pay Later — what’s your place in the consumer financing revolution?

Buy Now, Pay Later (BPNL) services are making headlines this year. Fintechs, big tech and merchants are forming new alliances to produce attractive financing options that are surging in popularity. How is this diffferent from instalment plans? How will this affect credit card companies and international payment schemes? Can you be sure that this is

Microsoft Recognises SilverBridge as Leading Software Vendor in Financial Services

As testament to its drive to modernise and digitalise the insurance industry, SilverBridge was one of three finalists in the Industry Solution FSI Partner of the Year category at the recent 2021 Microsoft South Africa Partner Awards. “In recent years, SilverBridge has made tremendous progress working with Microsoft on our solutions for modernisation, digitalisation, and

Mastercard Partners with Digital PayGo to Drive Secure Payments for SMEs in Zambia

SME-in-a-Box solution will enhance the Small and Medium Enterprise (SME) customer value proposition  and support the enablement of a digital-first approach for merchant mobile payments Partnership will drive secure electronic payments and digital transformation of SMEs, which represent 97% of all businesses in Zambia Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch

RBR | Fierce Competition in Challenging Global EPOS Market

COVID-19 caused the global EPOS market to contract last year, but research forecasts recovery Global EPOS market becoming more fragmented Last year saw 1.7 million programmable EPOS units delivered globally, according to Global EPOS and Self-Checkout 2021, the latest study by strategic research and consulting firm RBR. Activity declined as retailers diverted investment to other

ACI Worldwide Wins Juniper Future Digital Awards for Merchant Payments and Retail Innovation

Juniper Research recognizes ACI as a winner in three categories, including “Payments Innovation of the Year” ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has been recognized by Juniper Research, winning three awards for innovation in payments and retail at its Future Digital Awards 2021 Fintech & Payments. ACI Secure eCommerce received the highest accolade—a

Mukuru | Fintech’s Power Lies in Solving Problems Not Just in Delivering Shiny Apps

By: Andy Jury, Chief Executive Officer at Mukuru Fintech is poised to continue disrupting financial services and is uniquely capable of driving formal financial inclusion on a mind-boggingly large scale. However, there is a risk that in the pursuit of innovation, companies develop fintech solutions for technology’s sake, and not to address real needs, and

Spot Money | Four Reasons Why Contactless Payments are Taking Over the World

By Andre Hugo, the co-founder and CEO of South Africa’s newest money app, Spot Money For the past 10 years, we’ve been hearing about how new-generation mobile apps, wallets, tap-to-pay, NFC solutions and even the humble QR code are going to spell the end of the magnetic stripe card as a means of payment. And