Stanchion explains in this article why a failed payment at checkout is more than friction and how tokenisation can solve it effectively. That’s why enabling safe, one-click payments is the emerging gold standard in mobile payments and e-commerce. Tokenisation is the method that can facilitate a consistently smooth and successful checkout experience at scale, which
Kredete, the financial technology platform helping African immigrants in the U.S. build credit through stablecoin-powered payments, today announced the launch of Africa’s first stablecoin-backed credit card. Built in partnership with Visa, Stellar, and Rain, the card offers users across 41+ African countries a secure and straightforward way to spend stable digital assets, both online and
Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment
PalmPay, a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. Launching its debit card represents a key milestone in PalmPay’s evolution – from a mobile wallet known for its fee-free transfers and cashback rewards into a
A market view from Norman Frankel, Chief Growth Officer following his recent market visit. Originally published here. For regular visitors to Egypt, Old Cairo rarely changes. Home to the bank’s headquarters for decades, the constant background noise of traffic, the hustle and bustle of trade, narrow streets steeped in history and culture, are in stark
Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has been named as the ‘Most Disruptive Fintech Shaping Financial Inclusion Vision’ in the cash category at the Absa Commercial Payments Summit 2025. The award recognises fintech companies revolutionising access to financial services for unbanked and underbanked populations. The goal
Mastercard is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is powered by the latest advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which delivers seamless and consumer-like commercial payments. Mastercard has pioneered Virtual Card Number (VCN) solutions
Author: Norman Frankel, Chief Growth Officer, Stanchion Payments Solutions. Originally published here. I had the pleasure of growing up in Kenya in the 1970s, so every time I return, it always feels special. Of course, the city of Nairobi has changed a lot, and when I send photos back to the office, some in the
By: Pierre Aurel, Chief Product Officer, Stanchion Payments Solution. Originally published here. The number of virtual cards issued worldwide is growing at an unprecedented pace. According to Juniper Research, global virtual card issuance is expected to grow at over 30% annually between 2023 and 2028, driven by relentless consumer demand for seamless, secure and convenient
KCB Bank, the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card. This card will empower its customers with the flexibility and convenience to pay for goods and access funds across borders. The card allows users to load and
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