Exim goes Deeper in Digital Banking

In its efforts to escalate its suite of mobile services, Exim Bank Tanzania has launched an application designed for smart phones. The application is currently available for Android, Windows, Black Berry and IOS Operating Systems. Exim Bank Group Head of Operations, Mr Eugen Massawe, said in a statement that the mobile app offers secure banking

Wirecard Supports TransJakarta Busway for Electronic Ticket Payment System

Wirecard, with its Indonesian subsidiary PT Prima Vista Solusi, supports TransJakarta Busway with electronic ticketing system using innovative Point-of-Sale (POS) terminal solutions. Passengers of the Busway can pay their ticket using stored-value contactless cards or their NFC-enabled mobile phone. Wirecard provides the payment infrastructure and services, as well as the integration to the participating Financial

Online Shopping Becoming Popular in Tanzania

University students can now acquire knowledge on e-commerce and how to open virtual shops and boost their sales thanks to an initiative from a local online shopping platform, Kaymu. According to a statement made available to the ‘Daily News,’ the initiative dubbed ‘Kaym University’ comprises six sessions which cover the basics of Kaymu, account and

StreetCred Secures Exclusive Partnership with Nomanini

Zambian airtime distributor StreetCred (Zambia) Ltd. secured an exclusive partnership with Nomanini – a South African-based mobile point of sale service that specialises in facilitating cash transactions in informal markets. Vahid Monadjem, CEO of Nomanini, comments: “We have been working with StreetCred for the past nine months or so, trialing and increasing the number of

The Technology of Financial Inclusion in Africa

With close to 80% of African families still without access to a conventional banking system, there is much work to be done to get basic financial services into the hands of the 1.1bn people that inhabit the world’s second most populous continent. Of that number, around 90 million people have household incomes exceeding $5,000, meaning

MBNA goes Digital with the Launch of a Pilot for the MBNA Wallet

MBNA has, in partnership with MasterCard, launched a trial of a digital wallet. Once the trial is complete in early 2015, the MBNA Wallet could be quickly rolled out to customers. This will enable customers to securely store their credit and debit cards in their ‘e-wallet’ and, at the checkout for their online shopping, select

A New Way to Pay with Commerce Bank Credit and Debit Cards Using Apple Pay

Commerce Bank now offers its customers Apple Pay, a new category of service that is transforming mobile payments with an easy, secure and private way to pay. “Apple Pay is a significant step forward in mobile payments and we are happy to be able to offer this feature to our customers,” said Carl Bradbury, Commerce

Governemnt Services, ePayment & eCommerce Platform to Go Online in Ghana

As part of the e-Government initiatives under the e-Ghana project, the National Information Technology Agency (NITA), an Agency established by the Ministry of Communications is implementing the e-Services and Government e-Commerce project to support operations of government services online. Under this project, a portal infrastructure is deployed to provide a platform for online submission of

FedEx Expanding Cross Border e-Commerce Solutions with Acquisition of Bongo International

FedEx Corp. announced that it acquired Bongo International, a leader in cross border enablement technologies and solutions. Bongo International’s capabilities complement and expand the FedEx portfolio of offerings important to the rapidly growing global e-commerce marketplace. Bongo International’s technology and processes provide a comprehensive and integrated end-to-end solution that helps retailers and e-tailers grow by

Popmoney Recognized as Best P2P Program at 2014 Emerging Payments Awards

Fiserv, Inc., a leading global provider of financial services technology solutions,announced that the Popmoney personal payments service was recently recognized as the Best P2P Program at the Emerging Payments Awards. The annual awards, presented in London, honor the best people and programs in the global payments industry. “This year we received a record number of