Kenya’s PesaPal will be expanding to Nigeria, Ghana and Zambia over the next few months, while looking at possible expansion into Francophone and South Africa. The company has recently launched in Malawi and is currently activating in Zimbabwe. “Over the last three years, we have developed a product that was well received in our initial
Groupon, Inc. has announced financial results for the quarter and fiscal year ended December 31, 2013. “Our record performance in the quarter was led by strength in Goods, as shoppers increasingly looked to Groupon to fill their holiday needs,” said Eric Lefkofsky, CEO of Groupon. “Our mobile business continued to gain momentum as our worldwide
Centenary Bank has joined the Interswitch East Africa network in Uganda adding yet another innovation in enhancing their customer service. Interswitch East Africa operates a network that links different banks to enable their customers share Automated Teller Machines (ATMs) and Points of Sale (POS) services. With the addition of Centenary Bank, the Interswitch network in
Guaranty Trust Bank Ghana has introduced a function on its Internet banking platform to enable customers to transfer money online to their account(s) or other beneficiaries’ accounts in other banks in the country. The Third Party Transfer service is the first fully-automated online transfer service in Ghana, which allows GTBank customers who are profiled on
Bharti Airtel, a telecommunications services provider with operations in 20 countries across Asia and Africa has partnered with leading global payments technology company VISA and Chase Bank, an SME bank in Kenya, to provide its Airtel Money subscribers in Kenya with a new Airtel Money Visa card. The Airtel Money VISA card will allow Airtel
Standard Bank Group, Africa’s largest lender by assets, has been named the winner of Best Foreign Exchange Provider in Africa 2014 for a second successive year. Standard Bank also received the award for the best foreign exchange provider in Botswana, Kenya, Nigeria, South Africa and Zambia. Mr Zainul Chandoo, Head of Global Markets at Stanbic
Amazon has announced that customers in the US, UK and Germany can now buy, spend and earn Amazon Coins on their Android phones and tablets. Previously available for use exclusively on Kindle Fire tablets, Amazon Coins can now be used to buy the latest apps directly from their Android device. Customers simply need to download the
Deloitte recently published their 2014 Global Powers of Retailing report in which they highlight the 250 biggest retailers around the world and analyse their performance based on geographic region, product sector, e-commerce activity and other factors. In this report Deloitte list the 50 top global e-retailers of 2014. They define e-retailers as B2C e-commerce only,
The National Microfinance Bank (NMB) in Tanzania said its recently introduced internet banking system is showing positive results in reducing queuing at bank branches. NMB Head of Transactional Banking Mr Gerald Kamugisha, told reporters in Dar es Salaam that the internet system had become a significant in efficient provision of service to the customers. “The
Centenary Bank and UMEME Limited today announced a partnership which will enable subscribers to the bank’s CenteMobile banking platform prepay their power bills instantly using their mobile phones and without any charges levied. Speaking about the partnership, Fabian Kasi, the Centenary Bank Managing Director commended UMEME Limited for complementing the Bank’s strategy of using technology
