Just in time for the holiday season, Citi is introducing a new way for ThankYou® Rewards members to turn virtually anything purchased online into their own personal reward. ThankYou Rewards members can now shop with a Rewards Account Number, a virtual credit card account number linked to their Citi credit card and ThankYou Rewards account,
United Bank for Africa (UBA) Plc, the pan- African financial services group is delighted to announce the appointment of Ambassador Joe Keshi as Chairman of the Board. Ambassador Keshi was appointed to the Board of UBA in 2010 and was made Vice Chairman on January 1, 2011. He has over 35 years working experience at
MasterCard has introduced the Priceless Africa campaign to South Africa, bringing the global Priceless Cities programme to Africa for the first time. Dedicated to bringing consumers closer to their passions while celebrating the spirit of Africa, the popular campaign offers a collection of special discounts and rare experiences, curated just for MasterCard cardholders. Travel, attractions,
Kenya’s largest bank in terms of balance sheet, Kenya Commercial Bank, will in mid January distribute over 2.2 million EMV compliant cards to its customers to comply with a March 2014 deadline set by the central bank of Kenya as to when banks are expected to phase off the magnetic strip cards in circulation, a
Banks and financial institutions globally need to develop mobile point of sale (MPOS) strategies now, as major high street retailers begin to use MPOS solutions to reinvent their in-store shopping experience. This is the view taken by the global bank-driven business association, Mobey Forum, in the second in a series of white papers focusing on
TawiPay, a startup based in Switzerland, is tackling the excessive fees incurred by migrants sending money overseas. Latest World Bank data show for example that Sub-Saharan African overseas workers pay an average of 12% in fees . A fair transfer fee of 5%, proposed by independent organizations , would result in an additional US $3
The Governor of the Bank of Mauritius, Mr Rundheersing Bheenick, recently gave a statement where he reviewed the year gone by and reflected on the present and future outlook. In his address Bheenick said that Headline inflation came down from 4.9 per cent in July 2012 to 3.6 per cent in June 2013 while year-on-year
Transdev has signed up to Corethree’s m-ticketing service to provide mobile ticketing using Barclays Pingit ‘mobile checkout’ payment service. The ‘mobile checkout’ payment feature enables travellers to make an instant payment via a ‘Pay with Barclays Pingit’ button, eradicating the need for the entry of long or large amounts of personal details, and is available
MasterCard and Ogone, a leading global online payment provider, announced today their partnership on the integration and deployment of MasterPass™. This collaboration covers Belgium, The Netherlands, France, United Kingdom, Germany and Spain in a first phase and the remaining countries Ogone operates in later on. MasterPass™, the digital platform from MasterCard, optimizes and simplifies online
Visa and V PAY contactless payments are now possible in all German department stores of GALERIA Kaufhof including the Sportarena stores and DINEA restaurants. 3500 new contactless terminals have been installed. This enables customers to pay even more conveniently and faster in the 125 Kaufhof department stores and its subsidiaries in Germany. GALERIA Kaufhof thereby
