The People’s Own Savings Bank (POSB) Launches Co-Badged Debit and Prepaid Mastercard Cards

Posted on by Staff Reporter | 34537 Views | 20 min read

The Mastercard debit card enables customers to make dual currency transactions on the same card. The prepaid Mastercard card will allow non-account holders to transact in foreign currency.  The Mastercard debit cards will enable safer, simpler, smarter, and accessible transactions inclusive of e-Commerce transactions. POSB in partnership with Mastercard has unveiled new prepaid and debit

AccesBanque Migrates ATM Acquiring and Card Management Businesses to Compass Plus Technologies Processing Centre

Posted on by Staff Reporter | 59966 Views | 11 min read

AccesBanque Madagascar, part of AccesHolding Group and one of the largest commercial banks in the country, has successfully migrated its ATM acquiring and card management businesses to Compass Plus Technologies’ processing centre. The move enables the bank to further expand its business offering and launch new products and services at pace.  AccesBanque’s mission is to

How to Bring the Online Experience In-Store

Posted on by Staff Reporter | 39300 Views | 16 min read

Today’s digital-first consumers expect the same conveniences in-store that they have online – and merchants, acquirers, and solutions providers that enable them will remain relevant in their markets.  Consumers have always wanted the most convenient, personalized, and enjoyable experiences possible. After a few years of shopping on digital channels, they now look for the same

Mastercard Joins Forces with Greater Amman Municipality and Network International to Launch Jordan’s First Transit Payment Ecosystem

Posted on by Staff Reporter | 24684 Views | 17 min read

The collaboration will enable seamless and cashless ticketing for Amman’s public transport users Mastercard, a technology leader in the global payments industry, has partnered with the Greater Amman Municipality (GAM) and Network International – Jordan to roll out the first transit payment ecosystem in Jordan, in its capital city Amman. The new ecosystem, powered by

Mastercard and ZoodPay Join Forces to Launch First Virtual Installment Card Across EEMEA

Posted on by Staff Reporter | 35911 Views | 9 min read

ZoodPay will serve as Mastercard’s lending partner for consumers and SMEs across multiple geographies ZoodPay, a leading digital lending platform for e-commerce in the Middle East and Central Asia, has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region.

Growth in Cashless Transactions Spurs New and Innovative Payment Solutions

Posted on by Staff Reporter | 41323 Views | 17 min read

Last year, exciting developments in South Africa’s payments sector were good reason to be cautiously optimistic about 2023 with new products and services setting the pace of the journey to a digital cashless future, says Andrew Springate, CEO of fintech payment solution provider PAYM8. “The South African economy is under tremendous pressure with rising interest

COVID-19, Government Incentives and Mandates Boost Card Acceptance

Posted on by Staff Reporter | 24778 Views | 14 min read

Continued growth in merchant outlet and EFTPOS terminals numbers worldwide strengthens coverage of all schemes, but acceptance of the largest players differs significantly between regions 82% of payment terminals now accept contactless While 2021 saw long periods of lockdown and continued retail closures, the second year of the pandemic was overall a positive one for

PayU Shares Black Friday and Cyber Monday Insights

Posted on by Staff Reporter | 39459 Views | 17 min read

Big ticket items and new payment methods deliver surprising data Black Friday and Cyber Monday came and went with a positive bang and a bag full of surprises, despite the concerns of pressure exerted by inflation and loadshedding. Chairperson of the ECommerce Forum of South Africa (EFSA) and PayU CEO, Karen Nadasen, shared, “Following trends from

Digital Payments: A Crucial Step in the Financial Inclusion Endgame

Posted on by Staff Reporter | 53988 Views | 25 min read

By: Andy Jury, Group CEO of Mukuru In years gone by, pages such as these have been awash with articles and opinions about fintechs and their potential to drive financial inclusion and improve the lives of millions of unbanked and underserved communities. While these opinions have been crucial in raising awareness, the discussion should now

Halo Dot Achieves Visa Ready Certification for Tap to Phone SDK

Posted on by Staff Reporter | 32912 Views | 9 min read

Halo Dot – a division of Synthesis Software Technologies, announced today that it has achieved the latest Visa Certification for its products. Halo Dot is a fintech that enables instant contactless payments on any Android device. Earlier this year, Visa published new security standards for Software Development Kits (SDKs) that enable secure digital payment acceptance