Absa Bank Kenya, Visa partner to launch Domestic and Cross-Border Remittance Service

Posted on by Staff Reporter | 24522 Views | 12 min read

Absa Bank Kenya has partnered with global payments technology platform Visa to launch a domestic and cross-border remittance service that will allow seamless person-to-person money transfers and persons-to-businesses payments via the Visa Global network. The Absa Visa Send Money, a first-of-its-kind market solution, will allow Absa debit and credit cardholders to transfer funds from their

International Sales and Global Suppliers Key to ensure Post Pandemic Business Recovery and Growth

Posted on by Staff Reporter | 14726 Views | 11 min read

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 and Compass Plus Technologies Partner to ease Payments Across Africa

Posted on by Staff Reporter | 14733 Views | 10 min read

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

Seamless, Speedy and Secure: The Lowdown on Halo Dot

Posted on by Staff Reporter | 32000 Views | 12 min read

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,

World’s Fastest-Growing Payment Method favoured as Cost of Living Soars in SA

Posted on by Staff Reporter | 18031 Views | 14 min read

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 Welcomes NymCard as Principal Mastercard Issuer to Boost UAE Fintech Landscape

Posted on by Staff Reporter | 17287 Views | 9 min read

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 Expands Payments Partnership with Mastercard across the Region

Posted on by Staff Reporter | 15292 Views | 12 min read

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

Why Halo Dot is a Game-Changing Technology

Posted on by Staff Reporter | 26461 Views | 15 min read

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

Posted on by Staff Reporter | 18416 Views | 12 min read

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

Zapper Merchants can Now Take Card Payments Via Their Mobile Phone

Posted on by Staff Reporter | 14969 Views | 12 min read

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