A new study from Juniper Research has found the number of virtual card transactions will exceed 121 billion globally by 2027; increasing from 28 billion in 2022. This represents growth of 340%. It predicts the rising integration of virtual cards to existing digital wallets services, such as Apple Pay and Google Pay, will drive this growth by
Consumers and businesses in Dubai will soon be able to make seamless and safe contactless payments for select government and private sector services, thanks to a strategic partnership between Mastercard and noqodi, a leading fintech company owned by emaratech Group, part of the Investment Corporation of Dubai. Noqodi’s digital omni-channel payments, including Tap on Phone,
95% of consumers in South Africa used at least one emerging digital payment method in the last year with usage expected to increase further Adoption of cryptocurrency, biometrics, Buy Now Pay Later (BNPL), open banking and account-to-account payments are anticipated to continue accelerating The adoption of a broad range of digital payment methods is accelerating
Debit cards drive growth as contactless usage continues to rise and consumer spending recovers after the height of the pandemic. Card usage will keep growing as new spending habits developed during the pandemic will persist Spending with payment cards rebounds quickly New research by RBR shows that worldwide expenditure on payment cards reached over $42
This partnership enables customers to move funds from their bank accounts through their cards straight into their Orange Money wallets Orange Money, the mobile money service of Orange and leading Pan-African payments company, Cellulant (www.Cellulant.io), have launched a partnership to enable card-to-wallet transfers for 8 banks in Botswana. The Orange Money Card-To-Wallet service (https://bit.ly/3ex927w) in
The PCI Security Standards Council (PCI SSC) is pleased to announce the release of its new mobile app. The PCI SSC mobile app allows for more direct engagement with payment industry stakeholders, including instant notification of Council news and announcements, and easier access to important resources. PCI SSC launched its mobile app as a new
Unbanked Egyptians can now get a prepaid Mastercard with a seamless onboarding process The launch is a step towards creating a ripple-effect for providing financial access to millions of Egyptians Mastercard powers the launch of Telda prepaid cards, jointly issued by one of the major banks in Egypt and a fintech. The innovative payment solution
Quick and convenient addition to the payment ecosystem allows users to securely pay with Android phones or supported Wear OS device Mastercard, a leading technology company in the global payments industry, has collaborated to launch Google Pay in South Africa. Cardholders can conveniently and securely tap to pay with their Android phones or supported Wear
As one of the first partner in Nigeria to join Mastercard’s Digital First Card Program, Eyowo delivers best-in-class digital banking experience to customers The Better Card is a numberless Mastercard debit card, which gives cardholders access to safer and more secure payments Today’s generation do everything from ordering meals to scheduling doctor’s appointments on their
Absa has expanded its digital payments universe with Google Wallet™, amid rapidly growing customer demand for convenient, innovative and secure digital payment options. “Following record increases in contactless card volumes last year, with debit and credit card usage surging by 231% and transaction volumes rising by 180%, customer demand for reliable contactless wallet payment and
