M-PESA, the flagship brand of the leading integrated communications service provider Safaricom Limited, has now set its sights on the medium and small entreprises with the launch of Lipa Na M-PESA- a campaign aimed at entrenching the use of its payment services as primary tool of transactions. Lipa na M-PESA is an umbrella service for
Visa launched a white paper recently called “Lessons from the music business – how to profit from next generation payments”. At Insights 13 in Cannes, Peter Ayliffe, CEO for Visa Europe talked about the need to embrace change, drawing on the example of the music industry. This is an industry which, instead of embracing the change
ACI Worldwide a leading international provider of banking and payment systems, announced the release of the latest version of ACI Proactive Risk Manager, the company’s payments fraud management solution. Designed to help customers better detect and prevent fraud across a range of payment types, Release 8.2 offers unprecedented flexibility in monitoring both online and mobile
Although latest cash withdrawal statistics released by Spark ATM Systems, indicate that the national average cash withdrawal values remained static during the month of May, ATM activity recorded at farming locations, however, revealed the highest month-to-month increase across all locations. The Spark Cash Index (SCI), which measures the average value of cash withdrawals across more
MasterCard, National Bank of Egypt (NBE) and Etisalat announced the launch of the mobile payment wallet in Egypt, which will bring Etisalat Egypt’s subscriber base safe and convenient payment services through the power of their mobile phones. The newly introduced program is an early implementation of the Mobile Payment Solution that MasterCard and Egyptian Banks
Cross-border cheques and bank drafts within the Common Monetary Area (CMA) are being phased out with effect from 22 July 2013 and will no longer be accepted by any banking institution within the CMA. The CMA includes Namibia, South Africa, Lesotho and Swaziland. For Namibian clients it means that, as from the 22nd of July
PayPal recently announced their Cash for Registers program. The program is designed to help small businesses modernize their cash registers and get their hands on the same powerful selling tools that big businesses use every day. Starting on July 10th, 2013, PayPal is waiving transaction fees for up to $20,000 worth of transactions each month
Gemalto, a leader in digital security, has announced several new projects in the last month which it will be undertaking. Gemalto Enables EMV Payment for Telefónica-MasterCard Joint Venture in Brazil Firstly they will be supplying prepaid EMV payment cards to Mobile Financial Services (MFS), the joint venture formed by Telefónica and MasterCard Worldwide. The launch
eCentric Switch, a leading South African Payment Service Provider announced that it has joined the PCI Security Standards Council as a new Participating Organization. eCentric Switch will work with the Council to achieve and improve payment data security worldwide through the on-going development of the PCI Security Standards, including the Payment Card Industry Data Security
Aftab Currency Exchange, a remittance and foreign exchange brand with a presence in three continents, has strengthened its bonds with Airtel Communications, a leader in global payments services to extend joint operations in Kenya and Nigeria. Aftab Currency has taken another initiative with Fidelity Bank with an active network of 173 branches across Nigeria to
