FloCash, a Pan African provider of electronic payment services, has started offering its online merchant processing service in Zimbabwe, commencing 1st February 2014. With Africa’s economy beginning to thrive and catch-up with the rest of the world in terms of innovation, connectivity and technology, FloCash is leading the way in driving Pan African commerce by
Vodafone and MoneyGram, a global money transfer and global payment services company, have teamed up to enable consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. This service will be launched in key markets during the second quarter of 2014, with additional roll-out planned throughout the remainder of
Payment Alliance International (PAI) is pleased to announce the election of Executive Vice President and Chief Operating Officer Gregory Sahrmann, as co-chair of the ATM Industry Association (ATMIA) U.S. board of directors. Sahrmann’s co-chair partner is Steve Gernes, ISO segment manager, from Elan Financial Services. They will officially assume their roles at the next ATMIA
Kenya’s CfC Stanbic Bank has launched its “Till2Bank” service enabling business clients to accept payments via mobile money. CfC Stanbic Bank business banking and small and medium enterprise (SME) banking clients can now accept payments via M-Pesa, with the payment landing in the business bank account immediately. “We are delighted to be the first bank
Bulent Ozayaz recently posted on the VeriFone blog his outlook for payments in Africa. He had the following to say on the topic: This year developing markets such as Africa will outpace growth in developed markets as consumers across the continent continue to embrace non-cash ways to pay. While it’s easy to get excited about market growth,
The CardLinx Association, the new association that facilitates the interoperability and growth of card-linked offers (CLOs), and Deem, a cloud commerce company delivering Commerce-as-a-Service (CaaS) to a large and diverse ecosystem of customers, has announced a new draft protocol, the CardLinx Chameleon Standard, for pro-actively combating fraud resulting from returns of CLO purchases. CLOs are
X-INFOTECH is pleased to invite you to attend the most attractive event for banking and mobile sectors in East and North Africa! Cards & Mobile Africa 2014 is held on the 25th of March, in the Nairobi Serena Hotel, in Nairobi, Kenya. Nowadays new payment technologies are rapidly developing and actively entering our everyday lifes.
Kenyan internet payments startup PesaPal is expanding into Zimbabwe. Agosta Liko, the founder of the company told TechZim recently that their focus for the Zimbabwe entry is eCommerce, Tourism, Hotels, School fees and bill payments. Pesapal already provides similar payment services in Kenya where it’s biggest, but it also has operations in Tanzania and Uganda.
Fiserv, a provider of financial services technology solutions, has announced that Bangkok Bank Public Company Limited, the largest bank in Thailand with more than 17 million customer accounts, has upgraded its mobile banking, alerting and payments platform to Mobiliti Edge from Fiserv. With Mobiliti Edge, Bangkok Bank customers will be able to securely access their
Since its establishment less than five years ago, the Tanzania Women’s Bank has managed to penetrate the market to reach more women entrepreneurs and generally spearhead the war against poverty in the country. The Bank’s founding Managing Director Mrs Margareth Chacha granted an exclusive interview to Daily News’ special correspondent. Excerpts. Tanzania Women’s Bank (TWB) is one
