Gen Z’s Message to Merchants: Meet Us in the Metaverse – New FIS Data Shows Young Consumers Drive Demand for Innovation

Posted on by Staff Reporter | 40572 Views | 15 min read

Millennial and Gen Z consumers are driving demand for embedded finance across a range of existing and emerging touchpoints, according to new FIS research. As technology evolves and the physical, digital and virtual worlds converge, younger generations are inhabiting new channels, such as the metaverse, and creating the need for new ways to transact. Findings

Prophius Partners with Mastercard to Bring Tap on Phone Payments to Small Businesses in Sub-Saharan Africa

Posted on by Staff Reporter | 22570 Views | 12 min read

Prophius to roll out Mastercard Tap on Phone technology, enabling small businesses to accept contactless payments using their NFC-enabled Android phone Prophius today announced the launch of its PayContactless solution certified by Mastercard – a contactless acceptance solution that turns any NFC-enabled Android device into a physical point of sale. This move is expected to

FirstBank Partners Verve International, Makes Customers Millionaires in the FirstBank Verve Card Promo

Posted on by Staff Reporter | 14965 Views | 8 min read

In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out

Sidestepping Complex Payments Through the Power of One Platform

Posted on by Staff Reporter | 17010 Views | 16 min read

The fast pace of digital transformation for financial services is vital for the empowerment of small businesses and their customers. However, in this transformation process, traditional payment methodologies are being bypassed by new technology and products. Understandably, merchants are finding it increasingly difficult to keep abreast of all the latest payment products and solutions that

Virtual Card Transaction Volumes to Surpass 121 Billion Globally by 2027; Driving Adoption of Contactless Payment Methods

Posted on by Staff Reporter | 18832 Views | 8 min read

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

Mastercard Partners with noqodi to Expand Digital Payment Acceptance Across UAE

Posted on by Staff Reporter | 52136 Views | 11 min read

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,

South Africa’s Appetite for Digital Payments Continues to Grow – Mastercard New Payments Index 2022

Posted on by Staff Reporter | 34403 Views | 25 min read

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

Global Card Spending Reaches $42 trillion as COVID-19 Restrictions are Eased

Posted on by Staff Reporter | 17319 Views | 9 min read

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

Cellulant Partners with Orange Money to Power Card to Wallet Transfers for 8 Banks in Botswana

Posted on by Staff Reporter | 22588 Views | 16 min read

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

Introducing the New PCI SSC Mobile App 

Posted on by Staff Reporter | 33432 Views | 11 min read

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