Vodacom’s mobile money transaction service M-Pawa, launched in May 2014, in partnership with Commercial Bank of Africa (CBA), has reached one million customers, the telecom firm announced in Dar es Salaam. M-Pawa enables customers to open a bank account on his or her mobile phone and has helped Vodacom subscribers save and borrow money. The
EMV chip testing providers, Barnes International and FIME, have announced that their latest jointly developed card personalization validation (CPV) test tool has been qualified by MasterCard. The test tool makes it easier for banks, card manufacturers and personalization bureaus to confidently test that a product meets MasterCard’s EMV chip standard prior to applying for the
As part of its commitment to bring innovative banking solutions and payment products in the banking sector, QNB, One of the World’s Strongest Banks, has introduced “QNB mPOS” the first ever Mobile Point-of-Sale (mPOS) solution in Qatar, a new software solution designed to support merchants’ growth. “QNB mPOS” (mobile Point of Sale) is the latest
Guaranty Trust Bank plc wins “Best Bank in Nigeria for 2014” by The Banker Magazine (a publication of The Financial Times) for promoting industry-wide excellence in Global Banking Ethics and adherence to the highest corporate governance standards. The prestigious award ceremony which held on Thursday November 27th, 2014 at Intercontinental Hotel, Park Lane, London had
ONPEX, The Online Payment Exchange, has announced the appointment of Eddie Wong as Head of Business Development. Wong assumes responsibility for leading ONPEX’s global business development as the company continues its global expansion into emerging markets including Asia and Latin America. His appointment follows an impressive period of growth for the business, with the appointment
Masabi, the leader in mobile ticketing and payments for transit, announced that Brian Zanghi has joined the company as its new Chief Executive Officer and President. He will assume the role immediately and is focused on accelerating growth globally in the evolving mobile ticketing market. He replaces previous CEO, Co-Founder Ben Whitaker who will remain
First Data Merchant Solutions, First Data’s direct-to-market merchant acquiring business, announced the launch of Pogo Mobile Point-of-Sale (mPOS) solution in Singapore. The innovative payments solution enables small and medium enterprises (SMEs) to offer fast, easy and secure card payments on the go, when they would usually only accept cash. Merchants only need to plug in
Tanzania’s network of Automatic Teller Machines (ATMs) and Mobile Banking, the ‘Umoja Switch,’ has just gone regional; spreading its digital transactions’ tentacles into three neighbouring countries of Kenya, Rwanda and Uganda. With more than eight years of operation in the country ‘Umoja Switch,’ according to its Executive, Mr Danford Mbilinyi, is also rapidly expanding and
Save the Children is now accepting bitcoin donations through BitPay, the world’s leading bitcoin payment processor. Save the Children is a top-rated charity founded in 1919 to provide aid for European children who were affected by World War I. The organization will be accepting bitcoin donations directly through their personalized BitPay donation page just in
Azimo, the online money transfer service, announced that customers can now send money to Lithuania for a flat fee of just £1 for any amount. The new service comes ahead of Lithuania’s scheduled adoption of the Euro on 1 January 2015. Azimo already charges a flat £1 fee to the Eurozone, meaning that the estimated
