Mastercard’s Borderless Payments Report 2022 has revealed two in five (46%) SMEs in EEMEA are earning more money than before the pandemic, driven by digital growth and international sales opportunities. Seven in ten (71%) saw above-global-average growth in online sales and nearly half (49%) are doing more business overseas. Seven in ten (72%) also say
Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa. The strategic partnership will see Interswitch utilise TranzAxis, an award-winning, token-based, cloud-native and API first open development payments
We live in a world where ease and speed are expected – our impatience grows stronger every day. This doesn’t stem from a sense of entitlement but is a product of constant evolution and innovation. This applies especially to making payments. Halo Dot is a ‘game-changer, sale maker’ that makes contactless card payments more accessible,
South Africans are struggling on the back of fuel price increases along with rising food and utility costs. Increasingly, credit cards are being used to pay for expenses, which is a dangerous trend in a country that is already highly indebted. According to SA’s largest buy now pay later (BNPL) provider, Payflex, this payment method
Mastercard has certified NymCard, a plug-and-play banking-as-a-service (BaaS) provider, as a Principal Mastercard Issuer in the UAE. The milestone announcement marks the first time a fintech in the UAE is licensed to issue cards by Mastercard. The license from Mastercard enables NymCard to become the UAE’s one-stop provider for fintechs and digital partners, removing the
Sokin has teamed up with Mastercard to connect consumers in 39 new markets to payments services that are more open and transparent, removing the barriers that have historically hindered access and financial inclusion The partnership has been expanded to help consumers make transactions on their own terms Sokin, the new generation fintech payment firm, has
Halo Dot is a contactless card payment technology that allows merchants to make sales and accept payments directly on their mobile phones. It has the potential to massively disrupt how payments take place in a digitally-driven world. Pierre Aurel, Head of Product at Halo Dot, explains the reasons why merchants and their customers should embrace
EMVCo Announces Development of EMV® Contactless Kernel Specification to Simplify and Advance Global Contactless Acceptance Global technical body EMVCo has announced that it is developing an EMV Contactless Kernel Specification to simplify and advance global contactless payment acceptance. Following a detailed review with EMVCo Associates in February and March, a draft specification is now available
Independent mobile payments, insights, loyalty and rewards platform, Zapper, has announced that their merchants will now be able to accept tap-on-phone payments. The new functionality gives them access to virtually all digital payments without the need for any additional point of sale hardware and irrespective of whether consumers have the Zapper app. “After a successful
Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile and online safety awareness campaign, players in the financial, payments and retail sectors highlighted the importance of continuing to empower the public with information on fraud prevention. In his remarks, Kenya Bankers
