Bharti Airtel has partnered with the Kenya Revenue Authority (KRA) to offer Kenyan citizens an opportunity to pay their taxes through Airtel Money. Through the partnership, Airtel will now allow customers across the country to inquire for KRA services, generate KRA payment reference number (PRN or an e-slip/invoice number) and make quick simple payments through
MasterCard’s subsidiary, Access Prepaid Worldwide, in collaboration with First National Bank (FNB) introduced the MasterCard Multi-currency Cash PassportTM to customers, providing them with a safer and more convenient alternative to foreign currency notes when travelling. The Chip and PIN protected travel payment card is secure and easy to use and can be loaded with up
Payment credential management specialist, Bell ID, has launched its Tokenization Manager software. The solution will be used by card issuers and merchants to enhance security and limit fraud by facilitating tokenized payments. EMV payment tokenization is the process of replacing a personal account number (PAN) with a unique identifier, known as a ‘payment token’. The
Nigeria’s gift cards retailer SureGifts has announced its customers can now use SimplePay as a method of payment for gift cards purchased on the platform. Both companies said the move would help to further redefine gift giving in Nigeria. In a statement they said the capability is live and available now on Suregifts and users
Tanzania has reportedly lost six million US dollars (over 10bn/-) so far through cyber-related fraud crimes, that involve mostly card skimming and Automated Teller Machine (ATM) thefts. Speaking at the fourth International Commission on Science and Technology for Sustainable Development in the South (COMSATS) conference in Dar es Salaam, the Permanent Secretary (PS) in the
ATMIA has today announced the publication of a study on emerging payments trends in rapidly expanding Africa. The emerging payments ecosystem in Africa is one of the most dynamic and fastest growing in the world. The rising middle class will spawn new consumer markets and, with them, the need for a variety of modern payment
CardinalCommerce, the global leader and pioneer in the remote payments industry since 1999, and PAY.ON, a worldwide leading white-label payment platform provider for payment service providers and acquirers, have agreed to integrate Cardinal’s Consumer Authentication solution into the PAY.ON platform. The solution will connect Cardinal with over 100 of PAY.ON’s payment service provider clients serving
The European Banking Authority (EBA) published a consultation paper on the implementation of its Guidelines on the security of internet payments. These Guidelines are the first output of the joint work undertaken by the EBA and the European Central Bank (ECB) on the security of payment services. The consultation will run until 14 November 2014.
Jumio, Inc., the fast growing online and mobile credentials management company, introduced BAM Checkout, a new, all-in-one credit card and identification scanning technology for mobile retailers. BAM Checkout’s embeddable solution provides a frictionless checkout experience by enabling users to bypass nearly all manual key entry when completing a mobile purchase. The product name pays homage
In the past 3 months, two juggernauts in Kenya have clashed over the introduction of SIM overlay technology into the market – Equity Bank Group (Bank) and Safaricom ltd (Telco). Safaricom Ltd. Is the largest Mobile Network Operator in Kenya (67.9 % market share) while Equity bank is the largest bank by customer base (8
