Global commerce platform and payments leader eBay Inc. has reported that revenue for the first quarter ended March 31, 2014, increased 14% to $4.3 billion, compared to the same period in 2013. Non-GAAP earnings increased 11%, to $899 million or $0.70 per diluted share, over the prior year, driven by strong top line growth. A
NCR, announced it has begun modernizing the ATM network of VTB24, one of the leading providers of financial services in Russia, with NCR SelfServ cash recycling functionality. The modular self-service systems help to improve the quality and reliability of service and make everyday financial transactions more convenient for customers. A cash recycling ATM dispenses cash
Teasy Mobile Money has successfully deployed the first commercial Near Field Communication (NFC)/Contactless payments solution in Nigeria. This was announced by the Chief Executive Officer of Teasy Mobile Money Musa Ali Baba, who believed that not only will retail payments be easier and faster, customer’s satisfaction will be guaranteed. “We are very excited with the
Online ticketing in South Africa is a growing industry as more and more people, both young and older generations, move towards buying their tickets via the web. The use of mobile technology, using your cellphone or tablet, to purchase tickets to music, theatre or cultural events is booming and several mobile sites have been developed
Heartland Payment Systems is now offering its customers the innovative, cost-effective VersaPay ARC eInvoicing system as a means of eliminating the time, cost and cash flow challenges associated with paper invoices delivered by mail. Under a reseller agreement between Heartland and VersaPay Corporation’s U.S. subsidiary, Heartland is providing U.S. small and mid-size businesses with the
Fiserv, Inc. has announced that U.S. Bank has enhanced its existing person-to-person (P2P) payment service with an Instant Payment option, as well as the ability to request money and send personalized digital greeting cards along with payments. These new features are available via U.S. Bank online and mobile banking, giving U.S. Bank customers more ways
“In the past few years, online transactions have grown substantially in South Africa, proving that consumers are becoming more familiar with online processes, and are feeling more comfortable to engage in an interactive online space,” says Brian Andrew, General Manager for RS Components. RS Components is a market leader in the distribution of electrical, electronic,
In pursuit of its Project Alpha plans, United Bank for Africa (UBA) Plc has announced key appointments to drive its quest for industry leadership by 2015. UBA’s Project Alpha is a 3-year road map of key transformation initiatives, designed to reinforce the Group’s strategic positioning and leverage its huge Africa presence to fully exploit the
The Bank of Mauritius (the Bank) is pleased to announce that it has, granted Banking Licences to two new banks – Warwyck Private Bank Ltd and Banque Richemount Limited – to carry on private banking business in Mauritius. Warwyck Private Bank Ltd and Banque Richemount Limited are the first stand-alone, full-fledged private banks to be
Nairobi county hopes e-payments for parking will seal loopholes as it looks to meet the collection target of KSh2.2 billion (US$25.3 million) for the 2014/15 financial year set out in the County Fiscal Strategy Paper. It was reported earlier this month Nairobi county governor Dr Evans Kidero had signed an agreement with online payment platform
