Over 10 Innovative CDBC Card Services Launched in Six Months on OpenWay’s WAY4 System

In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country’s population of 20 million. Altyn Bank, Eurasian Bank and Halyk Bank leveraged the Way4 digital payments software system to swiftly join this CBDC project and onboard 72% of

Berhan Bank and Mastercard Launch Innovative Prepaid Card for International Transactions

In a significant move towards enhancing digital financial inclusion, Berhan Bank, in collaboration with Mastercard, has announced the launch of a co-branded prepaid card designed to revolutionize online international transactions. This strategic collaboration aims to cater to the growing needs of international travelers and diaspora communities by providing secure and convenient means of conducting digital

DataMesh Teams up With Visa to Advance Card Acceptance

DataMesh Group, an Australian innovator in payment technology, has announced a new initiative with Visa, the world leader in digital payments, to enhance card-acceptance payment processing experiences for merchants, acquirers, and consumers. The cooperation will leverage DataMesh’s Unify™ platform, which offers customisable payment solutions significantly beyond the traditional “one-size-fits-all” approach that exists in the market

PayU GPO Lauded as Best Payment Solution at Absa Awards, Broadening Financial Inclusion and Innovation

PayU GPO, a leading South African financial services and payment service provider, is proud to announce its Absa Award win in the category: Best Payment Solution. The prestigious award showcases PayU GPO’s market leading and comprehensive suite of payment solutions tailored for the South African market and beyond. The category celebrates the Fintech company that

How Mid-Market Merchants Can Manage Payment Security as Effectively as Enterprise Retailers – Ecentric

By Wayne Steppe, Enterprise Architect & Bernard van Der Merwe, Information Security Officer at Ecentric Payment Systems While the majority of people may not think twice about how they pay for their goods, ever-evolving retail payments, both in person and virtually, keep many CIOs awake at night worrying about where the next attack will come

Interswitch and eMaisha Pay Partner to Digitize Payments in the Agricultural Value Chain

Interswitch, one of Africa’s leading integrated payments and digital commerce companies and eMaisha Pay have announced a partnership which will digitize payments in Uganda’s agriculture sector to address several challenges encountered by farmers as well as businesses throughout the value chain. To tackle issues such as limited access to credit, absence of appropriate saving tools,

Absa Bank Partners With Visa to Launch Superior Card Payment Offering for Travel Agents and Businesses

Absa Bank Kenya, in collaboration with Visa, a world leader in digital payments, has introduced the Visa Commercial Choice Programme, a new Corporate Card solution targeting members affiliated with the Kenya Association of Travel Agents (KATA), allowing them the benefits of automation, flexibility and better cash flow management. Under this partnership, travel agents under KATA

Harnessing the Potential of Mobile Payments in Africa – Halo Dot

Financial inclusion remains a critical barrier across Africa. A considerable segment of the population remains alienated from basic banking services. Yet, the arrival of mobile payment technologies, like Halo Dot, promises to bridge this gap. Halo Dot’s innovative approach turns mobile devices into secure, encrypted payment terminals, allowing for instant card payments without the need

Mastercard, MTN Group Fintech Forge Alliance for Digital Payment Expansion Across Africa

Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy. The partnership will use Mastercard’s cutting-edge

How Technology Is Revolutionising Payment Reconciliation for Retailers – Ecentric

By Graham Bradford, Senior Product Manager at Ecentric As retailers grow into mid-market size and beyond, the complexity and cost of manually reconciling payments increases almost exponentially because there are hundreds of thousands, if not more, transactions a day. Most retailers in this segment reconcile their payments with spreadsheets and many can’t expect a view