Standard Chartered Bank has introduced cross border banking aimed at providing seamless banking services to its SME customers across East Africa. With this new service, customers can transact freely within East Africa as if they were in their home country and at no extra cost. A customer will be able to access their funds throughout
FNB unveiled its unique Slimline ATM capable of delivering digital banking into retailer environments at remote locations where the volume of business does not support a conventional ATM. FNB Slimline offers a large touch screen with an integrated camera, a card reader for CHIP and PIN enabled cards with a numeric keypad. Says Head of
NCR Corporation the global leader in consumer transaction technologies, announced that Trinity Groves has implemented NCR Aloha POS as a Service (POSaaS) program in its Dallas-area restaurants. POSaaS is a subscription-based program with no-contract period and a predictable monthly fee. Trinity Groves is a newly created mixed-use development project which will initially consist of approximately 125,000
M-PESA, the flagship brand of the leading integrated communications service provider Safaricom Limited, has introduced a new rent collection and payment service dubbed Lipa Kodi na M-PESA. Under the new scheme, customers will pay Kshs.6 for transactions of upto to Kshs. 5,000 while those paying between Kshs.50, 000 and Kshs.70, 000 will be charged a
For the seventh year in a row, consumers have rated American Express highest in customer satisfaction among U.S. credit card companies, according to the annual nationwide study by J.D. Power. The study, released earlier today, places American Express highest in overall satisfaction among 11 of the largest card issuers in the U.S. American Express remains
Last week, South Africa’s payCity stopped accepting online credit card payments for its SMS prepaid electricity service for Cape Town customers. The suspension of services occurred without notice too many customers unless they had been to the payCity website to see the notice, leaving them in the dark. Customers, when trying to purchase using the sms
Identive Group, Inc. a provider of solutions and services for the identification, security and RFID industries, has been awarded a multi-year contract to provide cashless payment services at home matches of Berlin football club Hertha BSC in Olympiastadion Berlin, the second largest football stadium in Germany. The Berlin stadium has a seating capacity of over
ROAM, an Ingenico company and the leading mobile commerce platform provider, announced today that its RP350x Chip & Sign Mobile Card Reader is among the first to be certified as Visa Ready. The RP350x can accommodate legacy magnetic stripe credit and debit cards as well as newer EMV chip-based cards. Now merchants can leverage EMV
MasterCard has announced the launch of an Advanced Analytics Center of Excellence in India. This new Centre of Excellence will provide world-class data insights to global customers by identifying spending trends derived from the billions of anonymous transactions processed by MasterCard every year, thereby providing a solution for the rapidly growing need of businesses to
Xpertek Group’s loan finance solution, Acquire, is now being used in the consumer credit market, for online shopping, and in the cellular product space. Subsequent to the launch of the credit card solution last year, Xpertek implemented the solution at AFB, where it is used as a retail credit solution for merchants operating within sub-Saharan
