Altapay Joins Netsuite SuitePayments Program Expanding Payment Choices for Global Merchants

Posted on by wademinnie | 11031 Views | 15 min read

NetSuite Inc., the industry’s leading provider of cloud-based financials / ERP and omnichannel commerce software suites, announced that AltaPay, a leading payment management company based in Denmark, has joined the NetSuite SuitePayments program to offer businesses payment options when using NetSuite’s SuiteCommerce platform. Partnering with NetSuite, AltaPay can allow retail and wholesale distribution organizations using

PayGate Reduces Fraud for African Regional Airline

Posted on by wademinnie | 9050 Views | 10 min read

Payment service provider PayGate says its automated fraud protection service PayProtector continues to save online businesses from lost revenue due to online fraud attempts. “At one regional airline in Africa we reduced their incidence of fraud from over a million rand a month to under R80,000 in just one month,” says PayGate’s general manager for

Mahindra Comviva and Econet Release Mobile Money-linked Companion Card

Posted on by wademinnie | 8849 Views | 14 min read

Mahindra Comviva, the global leader in providing mobility solutions, announced the debut of connectMoney Service Manager through a landmark deal with Econet Wireless, Zimbabwe. As a part of the first live deployment of connectMoney Service Manager, Econet Wireless has issued MasterCard debit cards which are linked to the EcoCash Wallet. This is the largest rollout

Pay Staff via Mobile Phone with Vodacom’s M-pesa

Posted on by wademinnie | 11035 Views | 15 min read

The latest generation of the Vodacom m-pesa electronic platform provides an ideal mechanism for employers to pay staff salaries and ad-hoc expenses via mobile phone. As more countries develop simple remuneration calculators online the whole system can be managed from a phone. With m-pesa, companies have a low-cost and easy solution for making payments to all staff, even

Bank of Ghana and Fidelity Shareholders Approve Fidelity Bank’s Acquisition of ProCredit Ghana

Posted on by wademinnie | 9273 Views | 8 min read

The Bank of Ghana has approved the acquisition of ProCredit Ghana by Fidelity Bank. This follows Fidelity Bank’s shareholders’ approval at its extraordinary General Meeting on 23rd September, 2014. Following these approvals, Fidelity Bank has acquired 100% ownership of ProCredit Savings and Loans Company Ltd. (“ProCredit Ghana”) from its current two shareholders ProCredit Holdings and

GSMA Introduces Code of Conduct for Mobile Money Providers

Posted on by wademinnie | 10968 Views | 8 min read

The GSMA launched a Code of Conduct for Mobile Money Providers, outlining a series of common business principles to enable the development of safe and responsible digital financial services. The first mobile network operators (MNOs) to endorse the Code are Airtel, Avea, Axiata, Etisalat, Millicom, MTN, Ooredoo, Orange, Telenor, Vodafone and Zain. Together, these MNO

CPI Launches First EMV Prepaid Cards to Canadian Market with Berkeley Payment Solutions

Posted on by wademinnie | 8234 Views | 6 min read

CPI Card Group, a global leader in financial and EMV chip card production and related services, announced the launch of its first EMV Prepaid card program in Canada with its long standing customer, Berkeley Payment Solutions. CPI has developed its EMV Prepaid solution to better serve its customers globally as the demand for higher security

ATM Solutions Install SA’S First Solar Powered ATMs

Posted on by wademinnie | 8644 Views | 8 min read

ATM Solutions has installed solar powered ATMs at a number of sites in Mpumalanga. These are believed to be the first such ATMs in the country, developed to provide back-up solutions during power outages. The solar panels produce electrical energy from the sun’s rays and store this in a battery while the ATM runs as

Standard Bank Group and MoneyGram Strengthen Bond

Posted on by wademinnie | 9078 Views | 5 min read

MoneyGram, a leading global money transfer company, has extended its relationship with Standard Bank Group. MoneyGram’s services are available at over 500 Standard Bank Group locations in 12 countries in Africa. On signing the renewal agreement to this week, Pamela H. Patsley, MoneyGram’s chairman, said: “MoneyGram is focused on growing our presence in Africa through

MasterCard and Poste Italiane Announce The World’s First Integrated Online Donation Platform For Everyday Payments

Posted on by wademinnie | 9448 Views | 13 min read

MasterCard, World Food Programme and Poste Italiane have announced the launch of the world’s first integrated online donation platform helping Italians do good every day.   The new platform will allow all Poste Italiane MasterCard cardholders to automatically fund micro-donations in aid of World Food Programme every time they use their card. The project presented