VeriFone Systems, Inc. has announced that Banco Nacional de Costa Rica has selected VeriFone’s VX Evolution line of portable EMV and NFC capable point of sale terminals to enhance payment mobility and security for merchant customers throughout Costa Rica. BNCR’s migration to VeriFone’s VX Evolution terminals will enable its merchants to accept all types of
MTN South Africa has announced the Mobile Money Visa card is currently available from Pick n Pay and Boxer stores as of 17 June 2014, as it further enhances its mobile financial services. MTN has positioned itself as a leader in providing financial services that drive economic inclusion by merging technology into everyday life and
The University of Nairobi (UoN) and Barclays Bank of Kenya (BBK) have launched Host-To-Host, an automated seamless cash management system which will serve students and other stakeholders by improving payment processes in the University. While launching the programme at the University of Nairobi, BBK Managing Director, Jeremy Awori said that this was the first collaboration
Xpress Money has announced its tie up with Safaricom to offer money transfer services on the latter’s popular M-PESA platform in Kenya. This partnership will further boost the m-wallet concept championed by Safaricom, making it easier and more convenient for Xpress Money customers to receive money in Kenya. The M-PESA service on Xpress Money channels
Tracom Services has partnered with Ingenico to train and certify engineers on Point of Sale Terminal (POS) hardware technology in Kenya. Tracom is the master partner for Ingenico POS East and Central Africa and has the only local POS application development capacity using the hardware from Ingenico, managing and partnering in eight countries. The certification
IxoPay LLC a global compliance, support, and payment service provider, and PAY.ON, the world’s leading operator of Web-based, omnichannel payment infrastructure systems, are combining their expertise to provide global merchants with a quick and easy interface to a payment solution that has all the advantages of the latest payment technology and over 150 payment methods
Fiserv Inc. has announced that America First Credit Union has enhanced its mobile app to enable clients to receive location-based offers for retail purchases, or apply for a loan from their smartphone. These new capabilities were added to the credit union’s existing mobile banking platform, Mobiliti Enterprise from Fiserv, which has been used by America
PesaPoint will launch an expansive agent network composing over 1200 agents countrywide. The network, expected to work in the same way as its popular sister, the PesaPoint ATM network, will offer PesaPoint partners (banks, insurance companies, micro finance institutions and mobile money providers) a ready network of high performance agent outlets that will be powered
The Deputy Minister for Community Development, Gender and Children, Dr Pindi Chana has urged women to utilise services of commercial banks to lift their standards of living. Speaking during the opening of Tanzania Women Bank (TWB) branch at Makambako over the weekend, Dr Chana said women in the area should seize that opportunity and make
The Central Bank of Nigeria (CBN) has announced that last year alone banks in Nigeria lost about US$246 million to cybercrime. Taiwo Longe, the CBN’s chief information security officer, said this while speaking at the National Cyber Security Forum (NCSF 2014) organised by the Office of the National Security Adviser (ONSA) in Lagos. Longe said
