Global payment gateway, BlueSnap, launched ChargeLink, a personalized payment page to help global businesses close sales over the phone using their Virtual Terminal. Rather than forcing shoppers to read payment details aloud over the phone, merchants can use ChargeLink to deliver a customized payment page to the shopper with one-click, allowing customers to select their preferred payment method
More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the Fragmentation of Fraud report released by global payments specialist Worldpay. Only one in five (20%) online merchants stated they are very confident about their ability
Capitec Bank, powered by Qmatic Customer Experience Management (CEM) solutions, has been voted South Africa’s favourite financial institution in terms of customer service. Capitec Bank took first place for financial services and third place overall across 32 major industries in the Ask Afrika Orange Index Award, the largest and most widely-referenced service excellence benchmark in
M-Pesa, Vodacom Tanzania’s flagship has launched an online payment service through the web-based platform of Vinjari which will allow local traders registered under Vinjari.co.tz to accept online payment for the purchase of services. The service allows travellers to book and pay for hotels, tour package and flights. Vinjari.co.tz platform has over 300 hotels and partners
Nigeria’s apex bank the Central Bank of Nigeria (CBN) has announced mobile financial transactions in Nigeria had exceeded US$2 billion. This was announced by the bank’s Head of Payment System Policy and Oversight Division of Banking and Payments Department, Musa Itopa-Jimoh. He said a total of 15 million transactions have been made since the inception
Gemalto, the world leader in digital security, has teamed up with Chunghwa Telecom, the largest operator in Taiwan with 10 million subscribers, to secure their mobile NFC services. This commercial launch, supported by MasterCard and four leading Taiwanese banks, uses Gemalto’s UpTeq Multi-tenant NFC SIM and embedded software to host mobile payment and Mifare transit
The European Investment Bank (EIB) has approved a € 50 million credit line to Equity Bank to facilitate onward lending to Small and Medium Enterprises across the region. Speaking at the signing of the facility, Equity Bank Group Managing Director Dr. James Mwangi said, the funds received will be commercially advanced to eligible SME players
ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced that Bank of South Pacific Limited (BSP), the largest bank in Papua New Guinea and the South Pacific, has selected the company to power its fraud protection. As the award-winning BSP continues its regional expansion, it remains singularly committed to its customers,
ProFlex4, Wincor Nixdorf’s new standard ATM software, enables banks to introduce a host of new functions at ATMs and other self-service systems. True to its motto ‘omni. easy. open.’ the omnichannel solution can be deployed easily and cost-effectively and is open to multivendor operation. Banks can use it to add up-to-date new offers to their
Telecoms company MTN launched mobile money cross-border remittance service between Ivory Coast and Benin. It said the service will further enable cheaper and easy movement of money in the West Africa region. “The launch of this new corridor is an important part of our mobile financial services strategy. The new service will take advantage of
