VezoPay has introduced Africa’s inaugural smart ring, heralding a new era in contactless payment solutions across the continent. Engineered for convenience and security, the VezoPay smart ring epitomizes innovation with its array of cutting-edge features. The VezoPay smart ring enables lightning-fast contactless payments in just 1 second, seamlessly connecting your hand to any terminal. It
Paymentology the leading next-gen global issuer-processor, today announces its partnership with Mama Money, one of Africa’s leading cross-border money transfer operators, and Access Bank, to launch a pioneering new bank card service that stands out for its innovative use of WhatsApp banking. Through its integration with WhatsApp, the Mama Money Card allows you to transfer
Eurasia’s first CBDC cards, recently launched in Kazakhstan, have provided 20 million consumers with a convenient, tangible way to manage their funds in CBDC (Central Bank Digital Currency). Today, plastic cards in the digital tenge currency are used for both in-store and e-commerce purchases and are accepted globally through the Mastercard and Visa networks. The
Mastercard has announced a groundbreaking $2.04 million investment in partnership with Wowzi, Africa’s premier influencer marketing platform, and Masria Digital Payments (MDP). This collaboration aims to transform the financial management landscape for content creators through innovative digital card solutions. The five-year initiative will provide Wowzi’s content creators access to a range of digital card benefits.
American Express and Ecobank Group (www.Ecobank.com), the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in twenty-one countries across Africa. Through this agreement, American Express Card Members will be able to use their Cards in twelve new countries: Burundi, Central African Republic, Gabon, Guinea-Bissau, Liberia, Malawi, Mali, Niger,
Mastercard and Payment24 are extending their engagement across Eastern Europe, Middle East and Africa (EEMEA) to help bolster security and drive innovation within the fleet and fuel payment industry across the region. The EMV standard, now being implemented in over 80 markets, has dramatically reduced the incidence of counterfeit card fraud associated with magnetic strip
By Dave Glass, CEO and Co-Founder of Electrum Banks in South Africa face a difficult decision over their reliance on an outdated language system. Back in the 80s, I was very lucky to be exposed to early home computers – my astrophysicist dad was an early adopter. I can recall excitedly writing my first programmes
In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country’s population of 20 million. Altyn Bank, Eurasian Bank and Halyk Bank leveraged the Way4 digital payments software system to swiftly join this CBDC project and onboard 72% of
In a significant move towards enhancing digital financial inclusion, Berhan Bank, in collaboration with Mastercard, has announced the launch of a co-branded prepaid card designed to revolutionize online international transactions. This strategic collaboration aims to cater to the growing needs of international travelers and diaspora communities by providing secure and convenient means of conducting digital
DataMesh Group, an Australian innovator in payment technology, has announced a new initiative with Visa, the world leader in digital payments, to enhance card-acceptance payment processing experiences for merchants, acquirers, and consumers. The cooperation will leverage DataMesh’s Unify™ platform, which offers customisable payment solutions significantly beyond the traditional “one-size-fits-all” approach that exists in the market
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