Santander and American Express Announce Partnership to Issue Credit Cards in Mexico

Santander and American Express announced a partnership to launch the Santander American Express Credit Card in Mexico. This card offers an innovative way for Card Members to quickly earn rewards on their daily purchases. The new Santander American Express Credit Card, issued by Santander, focuses on rewarding Card Members for their daily spending in department

PayPal Announces Collaboration With PayGate in South Africa

With the announcement of a partnership between PayPal and local payment service provider PayGate, it is now easier than ever for merchants to accept online payments in South Africa. “PayGate customers can now add PayPal to the list of payment methods they accept simply by ticking a checkbox,” says PayGate’s GM of business development Brendon

FNB Customers Withdraw R9.5bn From Retailers Since 2012

FNB announced that R9.5 billion has been withdrawn from tills across South Africa since the inception of the Cash@Till service for customers in 2012. Sixty-five percent of this amount was withdrawn in the last year alone. “We have seen strong take up of our Cash@Till service as customers withdraw from retailers across the country. The

Millicom and Kalixa Create Online Payments Processing Partnership for Africa and Latin America

Millicom, the international telecommunications and media company, and Kalixa announced that the establishment of a joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year. The joint venture will offer payment acceptance services for both businesses and consumers, including payment gateway

California Bank & Trust Expands Personal and Business Online Banking to Include Free Mobile Check Deposit

California Bank & Trust announced that it has expanded its personal and business online banking to include mobile check deposit. The free service, CBT Mobile Deposit, is an easy-to-use feature that allows small business and personal banking customers to deposit checks from their iPhone, Android smartphone or iPad. The function is integrated into CB&T’s existing

Independent Strengthen Retail Payment Services With Self MPOS

The trading business is growing rapidly, marked by the rise of trade centers and new business centers. These developments also have an impact on competition among merchants, in which merchants must also prepare to clean up services / merchandise better. Integrated services is increasingly necessary in order to increase customer convenience and ease of operation.

MetaBank announces partnership with hyperWALLET Systems Inc.

MetaBank’s payment solutions division Meta Payment Systems recently signed an agreement to partner with hyperWALLET, a Vancouver-based company that provides domestic and international mass payment solutions for corporations. The Sioux Falls-based financial company will become hyperWALLET’s second issuing bank in the United States, issuing corporate payment cards and facilitating ACH payments for their business clients.

NBC appoints Pius Tibazarwa as Interim Managing Director

NBC Tanzania has appointed Mr Pius Tibazarwa as Interim Managing Director of the bank to succeed Ms Mizinga Melu who has been assigned a new role as Chief Executive Officer of Barclays Africa Regional Management. The NBC Board Chairman Dr Mussa Assad said in Dar es Salaam that the outgoing NBC Managing Director has built

New Tigo Mobile Money Service Offers Users in Tanzania Automatic Returns

Tigo Tanzania has launched a mobile money service through which users could earn automatic return on their balance direct to their wallet without requiring a separate registration. The service in Tanzania is called Tigo Wekeza and will allow Tigo Pesa users currently about 3.5 million to enjoy quarterly payments based on the balance held in