Waafi by Salaam Bank Taps Paymentology to Enable Somalia’s Contactless Payment Vision

Posted on by kara | 5337 Views | 10 min read

Paymentology’s cloud-first card issuing, and analytics platform powers Waafi by Salaam Bank to launch digital and physical cards across Somalia Paymentology, the leading global issuer-processor, proudly announces its partnership with Salaam Bank’s Waafi, on the launch of its co-branded tokenised tap-to-pay digital companion card, and physical card, for Waafi mobile app users in the Horn

Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card

Posted on by kara | 8905 Views | 9 min read

In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank, in collaboration with Mastercard, has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. This strategic collaboration aims to cater to the growing needs of international travellers and diaspora communities by providing secure and convenient means

I&M Bank and Mastercard Launch Business Credit Card Proposition to Transform Business Expenses Management

Posted on by kara | 5213 Views | 14 min read

I&M Bank has collaborated with Mastercard to launch the new Business Credit Card proposition, a comprehensive financial tool designed to help businesses manage day-to-day expenses more effectively and support global operations. This initiative marks another longstanding engagement between I&M Bank and Mastercard. The Business Card proposition comprises the Business Credit Card and the World Business

Statement on Fraud Complaints – Standard Bank

Posted on by kara | 2224 Views | 5 min read

Standard Bank continues to receive customer queries relating to potential fraud. The Bank’s fraud mitigation measures are robust and continue to protect and inform customers of any potential fraud on their accounts. Due to the nature of these incidents, Standard Bank issued a direct fraud notification to impacted customers on 2 July 2024. This contributed

VezoPay Launches Africa’s First Smart Ring for Seamless Contactless Payments

Posted on by kara | 2388 Views | 4 min read

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

Mama Money Partners With Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card

Posted on by kara | 11148 Views | 10 min read

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

First CBDC Cards: What Technology Issuing And Acquiring Banks Use – OpenWay

Posted on by kara | 9821 Views | 3 min read

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, Wowzi, and MDP Unite to Transform Financial Management for Content Creators With $2.04 Million Investment

Posted on by kara | 11766 Views | 14 min read

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 Sign Agreement to Expand American Express Acceptance in 21 Countries in Sub-Saharan Africa

Posted on by kara | 23484 Views | 9 min read

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 Collaborate to Boost EMV Adoption in EEMEA’s Fleet Sector

Posted on by kara | 15849 Views | 11 min read

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