App-based digital wallets have thus far met with limited consumer adoption due to several issues: consumers must typically download a dedicated app (often times an app for each merchant), how and where to use the wallet is complex and confusing, the functionality offered – payments only – is not broad enough for what consumers really need in a wallet.
Ghana Interbank Payment and Settlement Systems (GhIPSS) plans to introduce four new products on the gh-link platform next year, officials have said. The products are intended to maximise the payment platform and provide better and convenient banking to customers. The proposed products are Instant Bank Transfer, Instant Bill Payment, Multiple Account Enquiry and Identity and
At the ATMIA “Emerging New Africa” show, NCR Corporation in collaboration with Bytes Managed Solutions, launched NCR APTRA Interactive Teller, a new ATM-based technology that makes everyday banking transactions easier for customers by allowing them to complete more than 95% of typical branch transactions at the ATM assisted by a live remote teller, well beyond
Digital River, Inc. expanded its relationship with PayPal, a company that provides a faster, safer way to pay and get paid online. In addition to being certified as a PayPal provider, Digital River has added PayPal Express Checkout and Bill Me Later to its existing PayPal portfolio. The new payments represent the first in a
MasterCard announced that it has entered into an agreement to acquire Provus Bilişim Hizmetleri A. Ş. (“Provus”), Turkey’s leading independent payment solution and processing provider. The acquisition will build on MasterCard’s strategy of increasing its processing presence in high-growth markets and deliver superior processing solutions and innovative value added services for both financial institutions and
In celebrating the 15th year anniversary of working together, Nedbank recognises the partnership it has established in 1998 with iVeri whose unique technology continues to be invaluable in enabling eCommerce. Pamela White, Head Corporate Card Services at Nedbank says, “We are proud to partner with iVeri to assist businesses improve efficiency, allowing for an environment where
FIS™, a provider of banking and payments technology, and City National Bank, one of the US’s private and business banks, announced an agreement to pilot FIS Cardless Cash Access at City National ATMs in Los Angeles, New York City and San Francisco. City National plans to introduce this emerging technology to clients in its three
Against a backdrop of recent developments in the mobile wallet and mobile payment device technology sectors, risk and fraud prevention specialist UKFraud has launched a new mobile wallet consultancy practice. The move reflects recent positive and influential developments from Google with their Wallet and more recently from Apple with the launch of its latest iPhone
South African payment platform PayFast is exploring its options for launching in other African countries. HumanIPO reported earlier this month on Jonathan Smit, managing director at PayFast, speaking on credit card fraud in South Africa at the eCommerce Conference held in Sandton.Whereas in South Africa 80 to 85 per cent of the adult population is
Having achieved significant success in the fields of Prepaid Recharge & Mobile Money in emerging markets, Estel now introduces its m-POS (Mobile Point of Sales) platform for accepting card payments for Asian, African & Latin American markets. Globally, merchants accept payments via various types of cards (Credit / Debit / Gift / Prepaid) using traditional
