Net1 Mobile Solutions is on Point with Secure Prepaid Technology

South African-based Net1 Mobile Solutions,  is showcasing its secure prepaid mobile solutions designed for the utilities sector at this year’s African Utility Week  held in Cape Town this week. “The benefits of a prepaid electricity system are obvious” said Philip Belamant, Managing Director of Net1 Mobile Solutions. “Consumers can plan their purchase and consumption of

MasterCard opens Processing Center in the UAE

MasterCard has announced it will provide integrated processing services to customers across the Middle East and North Africa (MENA) through an end-to-end, multi-brand cards and payments processing center located in the UAE. The center will help customers respond rapidly to changing consumer needs, drive adoption of innovative technology and increase efficiency. Its opening highlights MasterCard’s

Enhanced Customer Engagement from Wincor Nixdorf with the Help of Tablets

Wincor Nixdorf’s new tablet-based Assisted Teller solution enables greater effectiveness in engaging directly with customers and supports transformation from a transactional to a sales- and service-oriented branch culture. This is the conclusion reached by Ovum, the market research and consulting firm specializing in the technology and telecommunications sectors, in analysis that has now been published

Fiserv Helping Financial Institutions Quickly and Efficiently Transition to EMV Standard

Fiserv, a provider of financial services technology solutions, is helping its clients transition to EMV chip-enabled cards by offering an integrated, compliant and cost effective path to EMV-enabled debit and credit card issuance. “Only Fiserv has a full suite of EMV solutions and the comprehensive strategic guidance to help financial institutions through every step of

mPOS to Make Up 46% of All POS Terminals in Circulation in 2019 Says ABI Research

The installed base of mPOS devices is set to increase fivefold over a five-year forecast period, reaching the 51 million mark in 2019, or 46% of the overall POS. The increase in uptake is not just being driven by micro-merchant adoption, as mPOS vendors are increasingly focused on mPOS penetration higher up the value chain.

Steward Bank Launches Product Suite for Zimbabweans Living in the Diaspora

Steward Bank has launched a suite of innovative Diaspora Banking products targeted at Zimbabweans living, working or studying abroad. The Diaspora Banking products allow Zimbabweans outside the country to carry out day-to-day banking transactions with their Steward Bank account from where they live, work, or play across the world. Presently, customers in the diaspora will

E-commerce in Nigeria Still in its Infancy – Faleye

Nigeria’s e-commerce sector is still in its infancy compared to those of developed countries in spite of the success of the likes of Konga and Jumia, according to Oluseye Faleye, founder of TopDownDeals. Faleye believes TopDownDeals.com.ng filling a vacuum by providing a platform for gamers in the country to purchase offerings from international providers at affordable prices.

TSYS Chooses ShopKeep to Offer Simple, Smart Point-of-Sale Technology in the Cloud

TSYS announced expansion of its cloud and tablet-based point-of-sale technology offerings by forming a strategic partnership with ShopKeep POS. Designed and built by an experienced small business owner, ShopKeep makes it simpler for active and aspiring retail shop and restaurant owners across the country to start, manage and grow a successful business all from an

FIS Instant Card Provides EMV-compliant Credit and Debit Cards Instantly, from the Cloud

Supporting its focus to deliver innovative solutions, FIS, the world’s largest provider of banking and payments technology, consulting and outsourcing solutions, has announced the launch of FIS Instant Card. FIS Instant Card allows financial institutions to instantly issue ready-to-use credit, debit or prepaid cards to customers or members in the branch or store location. FIS

First Data Releases April 2014 SpendTrend Analysis

First Data Corporation, the global leader in payment technology and services solutions, today released its First Data SpendTrend analysis for April 1, 2014 through April 30, 2014, compared to April 2, 2013 through May 1, 2013. SpendTrend tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly