Heartland Payment Systems one of the US’s largest payments processors and leading provider of merchant business solutions, has been named one of the top technology innovators in the U.S. for seven years in a row by InformationWeek, ranking #106 on the 2013 InformationWeek 500. Heartland’s award represented recognition for its innovative SmartLink managed network solution. Initially designed
Ingenico, the worldwide provider of payment solutions, announced a strategic partnership with Tagattitude, a mobile money software vendor, to deliver mobile money solutions in Africa. This partnership is designed to address the specific mobile money demands of the continent with the objective to establish secured electronic transaction infrastructure which will drive financial inclusion in Africa.
PayPal has announced PayPal Beacon, a new technology for merchants that will enable consumers to pay at many of their favorite stores completely hands-free. It will reinvent today’s in-store shopping experience by making it simpler, faster and richer for consumers, while providing retailers with more ways to differentiate themselves from their competitors. “PayPal Beacon opens
Purchasing prepaid electricity via FNB Cellphone Banking is growing in popularity as customers begin to see the benefit of using FNB’s self-service channels for these types of transactions. 62% of all prepaid electricity purchases processed by FNB are made on Cellphone Banking. Prepaid electricity purchases via FNB Cellphone Banking have also seen year-on-year growth of
Datacard Group, the provider of secure ID and card personalization solutions, announced that Ecobank Transnational Inc., a financial services provider with operations in over 30 African countries, is enhancing their customer service levels by implementing Datacard® financial instant issuance solutions for in-branch issuance of its Visa CashXpress prepaid cards. A multi-purpose prepaid card that is
TSYS announced the signing of a long-term agreement with Anovia Payments, LLC, to provide full-service payment processing solutions and tools to support Anovia Payments and their customers. Based in Irving, Texas, Anovia Payments simplifies payment acceptance for merchants and partners by offering transparent pricing, cutting-edge products and technology with streamlined support — all managed by
Paynet has signed a multi-million shilling deal with AITEC Africa towards facilitating the inviting of experts on online payments to the banking conference. The sponsorship will see various experts in the line of EMV chip technology, secure online payments and payment card industry data security standards (PCI DSS) into the conference to be held in
VeriFone Systems, Inc. the global leader in secure electronic payment solutions, announced financial results for the three months ended July 31, 2013 (“Q3 FY13”). Non-GAAP net revenues for Q3 FY13 were $418 million, compared to $493 million a year ago, a 15% decrease. GAAP net revenues were $416 million, compared to $489 million a year
Only companies that invest in the logistics and technical aspects of e-commerce will remain in Nigeria, according to Joseph Onuorah, vice president (logistics) at Konga.com. Onuorah stated this in Lagos while speaking on a panel at the ongoing Supply Chain West Africa conference. “The companies that will remain in Nigeria, will be companies that believe
United Bank for Africa Plc (UBA), the Pan-African bank with operations in 19 African countries, New York, London and Paris, announces the launch of Project Alpha – the Group’s new focus for strategic transformation. UBA has for 8 years executed a dedicated strategy of local, regional and global expansion, the implementation of which has seen
