Absa Features Store Makes Fully Customised Banking a Reality

Existing and future Absa customers now have the opportunity to fully customise and build their own transactional banking accounts according to their needs and budgets, while enjoying a wealth of lifestyle features. The Absa Features Store intends to make the lives of the banks’ customers easier by providing them with more than just banking through

MasterCard is Making it Easier for Irish Merchants to Accept Online Payments

MasterCard is reaching out to merchants and developers in Ireland with Simplify Commerce, a product that enables any business to quickly and easily accept payments from major brands, online or in person, in a matter of minutes. Merchants, especially those managing smaller businesses, do not always have the resources readily available to help them set

Adyen Enables Alipay Mobile Payments For Evernote

Adyen, the leading provider of global payment solutions, announced that it has partnered with Evernote to launch Alipay’s new mobile-optimized checkout for Evernote’s user base in China. With this launch, Evernote’s mobile customers can now pay effortlessly with Alipay through a streamlined, mobile-optimized flow. Given that the Alipay payment tool is China’s most popular online

Online Businesses Benefit From a Rapid Go-to-Market Offering By Worldpay and AOE

Worldpay, a global leader in payment processing, risk management and alternative payments, has announced it has been selected as a trusted partner by AOE, a  leading eCommerce platform system integration specialist. Through the partnership with AOE, online businesses can access Worldpay’s full global payment gateway services, acquiring, risk management, treasury services and access to more than

Western Union and the Angola Post Office Sign Agreement

The Western Union Company , a leader in global payment services, and the Angola Post Office, provider of postal and financial services in Angola, announced the signing of an agreement to provide for the first time Western Union money transfer services to consumers in Angola. Richard Malcolm, Regional Vice President for Southern and East Africa

iVeri Releases Whitepaper “Accessing the Unbanked: Branchless Banking in Africa”

African payments provider iVeri, in conjunction with Calleo, a specialist business-to-business research and consultancy firm, has released a new whitepaper titled, “Accessing the Unbanked: Branchless Banking in Africa” Currently, only around 23% of adults in Africa have a bank account. One of the main reasons for this large unbanked population in Africa is geographical inaccessibility

Electronic Payments Driving Largest Financial Inclusion Program in Mexico

MasterCard and BANSEFI, the social bank of Mexico, announced a partnership to foster financial inclusion in Mexico through the disbursement of social benefits using electronic payments. The BANSEFI MÁS MasterCard-branded card is part of the recently launched social support program developed by the Mexican Government. Through this partnership, over 6.5 million beneficiaries will have access

100 Employees to Spend with New Smartphone-Based Payment Technology

MasterCard Belgium is introducing its contactless mobile payment solution in Belgium. The new payment technology transforms a consumer’s smartphone into a payment card, and is currently being implemented by local MasterCard personnel. This solution has been developed in collaboration with several partners such as Mobistar, who will be implementing the payment solution among its employees

Visa to Undertake Assessment of Stake in Monitise

Longstanding partners in the mobile sector Visa Inc. and Monitise plc entered into an alliance agreement in 2009. At the same time, Visa began investing in Monitise. Given the maturation of Monitise as a company, Visa is considering its options with respect to the investment and has engaged J.P. Morgan Securities Plc to assist. Visa

Interswitch Forms Business Combination with Paynet Group

Interswitch Transnational Holding, the leading pan-African integrated payments company, announces it has reached a partnership agreement with the Paynet Group, East Africa’s leading multi-institutional payments provider, to combine its businesses. Interswitch will acquire a majority shareholding in Paynet Group and unrivalled  existing shareholders will become shareholders of the Interswitch Group. Bernard Matthewman, current CEO of Paynet,