E-Commerce Platform Payelp Expands Mobile Coverage for Merchants by Partnering with Fortumo

Posted on by wademinnie | 11111 Views | 9 min read

International business and payment platform Payelp Global has announced its partnership and integration with Fortumo, which offers merchants “one-click” mobile payments in 79 countries worldwide. Fortumo, which has offices in the U.S. (San Francisco), Europe, China and India, not only offers mobile payments in the U.S. and Europe, but focuses on emerging regions and “hard-to-monetize”

Zimbabwe Implements Tax on Mobile Money

Posted on by wademinnie | 7389 Views | 4 min read

The Zimbabwean Government has decided to implement a tax on all mobile money users. The five cent tax will be charged on all transactions and will allow the government to track mobile money usage in Zimbabwe in a similar way to the transaction tax collected on all ATM withdrawals and banking transactions. The new tax

Predictions for Banking and Payments in 2014

Posted on by wademinnie | 8235 Views | 10 min read

In the spirit of the New Year, here are a few global banking and payments predictions for the coming year. 1. Personalisation of Mobile The data and hyper-connectivity provided by mobile devices is increasingly being utilised to personalise the retail experience. Mobile devices allow for greater customer-merchant engagement and interaction through location targeting and loyalty

Mercury Unveils Mobile- and Social-Powered Gift Card and Rewards Service for Small Business

Posted on by wademinnie | 11499 Views | 10 min read

Mercury Payment Systems, LLC, a provider of payment technology and services for small to mid-sized businesses, have announced the launch of Mercury StoreCard, a gift, rewards, mobile payments and promotions card all in one. Consumers can use the Mercury StoreCard as a gift card or a reloadable stored-value card to earn cash back loyalty rewards

PulseWallet Launches Innovative, Secure, Cardless Point-of-Sale Solution

Posted on by wademinnie | 13621 Views | 12 min read

PulseWallet, the innovative electronic transaction POS provider, will be demonstrating their ultra-secure, first-of-its-kind, cardless Point-of-Sale solution at CES International, January 7-10, 2014 in Las Vegas, NV.  The key feature of the PulseWallet solution is the use of PalmSecure biometric technology by Fujitsu Frontech North America Inc., The integrated “spoof-proof” PalmSecure vein imaging technology enables merchants

Nedbank Taps into IBM Analytics to Improve Customer Experience by Leveraging Social Insights

Posted on by wademinnie | 14386 Views | 7 min read

IBM has announced that Nedbank Limited, a leading financial services provider throughout Southern Africa, is using IBM’s predictive analytics solutions to improve the customer experience and provide more responsive real-time services. As a result of this technology implementation, the bank has reduced social media monitoring costs by over a million rand a year (US$105,000 per

Allied Wallet Certified by Visa as Fully-Licensed Acquirer

Posted on by wademinnie | 11402 Views | 7 min read

Visa Europe has recently recognized Allied Wallet, a provider of online payment card processing, multi-currency merchant services, and state-of-the-art payment processing, as a Principal Member. Becoming a fully-licensed Acquirer of Visa Europe allows Allied Wallet to continue providing the finest online credit card processing solution available, as well as getting a voice at the table

Zimbogini Online Store Partners with Zimpost

Posted on by wademinnie | 7569 Views | 10 min read

Zimbabwean  e-commerce startup Zimbogini officially launched a revamped e-commerce website with new features at an event held in Harare towards the end of last year. Although Zimbogini has been around for a while now, the (re)launch was primarily centred around the new payment features and partners they now have on board. Zimbogini.com is now vPayments

Monetise Sees Continued Momentum with New Business

Posted on by wademinnie | 8200 Views | 15 min read

Monitise plc has announced that it is seeing continued momentum across the Group with a number of new business wins in both Europe and the US, as well as a contract renewal. In particular, Monitise has entered into a five-year Mobile Money partnership with a leading UK bank and financial services company and also renewed

Qash launches Mobile Money in Cote d’Ivoire

Posted on by wademinnie | 9427 Views | 5 min read

Qash Services, a non-bank, non-GSM operator, has announced the launch of its mobile phone-based financial services in Cote d’Ivoire, under the name Qash Mobile Banking. Qash Services is one of four independent companies with a mobile money agreement from the Central Bank of the West Africa Monetary Union (BCEAO). According to Francis Zago, CEO of