Nigeria’s online payment platform SimplePay has announced a partnership with Ariiyatickets.com an online ticketing platform. With the partnership, individuals can now use SimplePay to instantly and safely purchase tickets to their favorite events. In a statement, SimplePay said the agreement is in line with objective which is to simplify the lives of thousands of connected
A cornerstone in the foundation of a fully digitized payment system was laid as MasterCard announced to Chinese financial institutions the launch of its cloud-based payment services for cross border payments. As a result, Chinese consumers will soon be able to make purchases around the world from various connected devices safely and conveniently in-store, in-app
Exchange4free have been appointed as an Authorised Dealer in foreign exchange with limited authority in South Africa to operate as an independent Money Transfer Operator by the South African Reserve Bank. This licence is issued under the new Category 3 Money Transfer Operator license allowing ‘Person to Person’ remittances out of South Africa independently of
Ameriabank and telecom company Orange Armenia have launched an online payment service designed for Orange Armenia subscribers. Who’ll be able to pay for any type of service with ArCa, MasterCard and Visa cards, issued by Armenian banks. Orange Armenia subscribers can now use ArCa, MasterCard and Visa payment cards, issued by Armenian banks, to pay
Earthport and Ripple Labs announced a global partnership which will see the two companies use their combined expertise and technology to offer real-time cross-border bank payments. Earthport’s new offering will integrate the Ripple protocol alongside its payments network and platform, bringing a wider choice to financial institutions, in particular to optimize their liquidity management and
The management of Heritage Bank one of Nigeria’s commercial banks has launched portable POS solution a Mobile Point of Sale (mPOS) product that getting popular in various parts of the world. Niyi Adeseun, executive director, Manila Banking, Heritage Bank said: “The Nigerian retail and corporate market is undergoing a massive transformation in a battle for
In the era of information, the bank with the most actionable insights is the winner. The age of “Big Data” has begun to slowly filter through into the banking environment, with banks being able to design customer-centric solutions using statistical models and information gathering techniques. So, just, what is Big Data? The term refers to
MasterCard announced the launch of MasterCard Labs for Financial Inclusion, a new initiative seeking to impact more than 100 million people globally by developing practical and cost-effective financial tools that expand access and help build stable futures over the long term. Through an $11 million grant over three years from the Bill & Melinda Gates
Over the past few years, small merchants have grown their businesses and accepted credit cards for the first time without having to pay big fees that turned them off initially to taking credit. But big changes are coming, in the form of an all-new type of credit card, and all but certain higher costs. Companies
Boost Mobile Wallet and Sprint Money Express, powered by Wipit, provide consumers an easy way to make payments from their smartphone or prepaid Visa or MasterCard with no credit check or monthly fees. Using these apps, consumers can load checks for instant access to cash, get paid faster with direct deposit, pay more than 3,500
