Wirecard AG, a specialist for payment and risk management solutions, has joined the African Airlines Association (AFRAA) partner program as a full member with immediate effect. As a result, the Munich-based company is the first payment service provider in the world to join the AFRAA network. “We want to offer our association members clarification, and
VeriFone Systems, Inc., has announced that its portable payment acceptance systems, the VX 680 and VX 675, have been deployed by e-finance to facilitate the state-sponsored transition of Egypt’s entire gasoline and petroleum products retail market to an electronic payment system. e-finance, Egypt’s first and largest payment gateway service, was awarded the modernization contract in
Identive announces that its Board of Directors has approved the sale of non-core businesses as part of a plan to simplify the company’s organizational architecture and enhance its focus on high-growth products and markets. Within the next few months, the company expects to execute agreements to sell its Multicard U.S. business as well as the
The Board of Directors of Jaiz Bank PLC has following the resignation of the Managing Director, Muhammed Mustapha Bintube after almost 10 years of meritorious service, announced the appointment of the General Manager in charge of the Bank’s Business Development Group, Hassan Usman as the Acting Managing Director. Hassan is a trained Chartered Accountant and
The banking industry is pleased to announce that debit card fraud losses have decreased by 42% for the period 1 January- 30 September 2013. This is according to the latest banking industry’s card crime statistics as released by SABRIC (The South African Banking Risk Information Centre). This figure is significantly lower when compared to the
TSYS Merchant Solutions, a wholly owned subsidiary of TSYS, is providing their customers with TSYS Merchant Insights, a unique dashboard that monitors social media activity, competition and revenue. The dashboard is powered by Womply, a leading provider of merchant-focused analytics, loyalty and customer engagement tools. TSYS Merchant Insights helps customers better understand their business by
Ingenico has launched a customer loyalty mobile application for the German sporting goods retailer Sportpoint, through its subsidiary easycash Loyalty Solutions. The new mobile application combined to the existing “go4sport” customer card, offers a comprehensive multi-channel loyalty program in all company’s stores in Germany with the “go4sport” app available in the iTunes store. Sportpoint will
Paga, the mobile payments company in Nigeria announced its partnership with Nigeria’s online bus ticket pre-booking engine − Bus.com.ng to provide alternative ticket payment channels. This partnership will allow bus.com.ng customers to utilise Paga’s secure and easy to use payment options to pay for bookings online at www.bus.com.ng, via SMS and through the vast Paga
Kopo Kopo, a merchant services platform serving thousands of businesses in East Africa, announced that it raised $2.6 million in Series A financing. Javelin Venture Partners led the round with Vinod Khosla’s Impact Fund, an existing investor. Accion Venture Lab also participated. Noah Doyle of Javelin Venture Partners will join Kopo Kopo’s board of directors.
ProPay, a TSYS company and industry leader in merchant services, payment security and mobile payments, announced the launch of Shop in Your Currency™, a multi-currency processing solution powered by Planet Payment, for ProPay merchants. Shop in Your Currency empowers ProPay’s e-commerce merchants to more effectively target foreign markets and grow international sales. With the solution,
