Penny Software Signs Partnership to Launch Mastercard Track™ Business Payment Service in Saudi Arabia and the MENA Region

Posted on by Staff Writer | 25869 Views | 12 min read

The collaboration will enhance the region’s B2B electronic payment ecosystem Penny Software, the digital procurement software has signed a partnership agreement with technology leader Mastercard to provide its customers with an enhanced business-to-business payment experience via Mastercard Track™ Business Payment Service. The collaboration will pilot Mastercard Track in Saudi Arabia and the greater MENA region. Mastercard Track facilitates secure and efficient

FSS white paper | New Trends in Forex Prepaid Cards

Posted on by Staff Writer | 3503 Views | 2 min read

Prepaid cards are fast-emerging as a preferred transaction instrument among international travellers due to the inherent protection they offer to customers from currency fluctuations. With growing adoption, the role of prepaid cards has expanded from being a mere store of value to include added value functions such as loyalty, card controls, expense management and budgeting.

Standard Bank | 5 Advantages of an International Debit Card

Posted on by Staff Writer | 5688 Views | 32 min read

Written by Head: SA Distribution for International Personal Banking at Standard Bank Spending in another currency can get expensive and complicated. Not all South African cards are accepted abroad, and those that do come with the caveat of hidden fees tied into every purchase. Any small movement in the rand can also affect the price of

RBR | Convenience and COVID-19 Boost Contactless Spending

Posted on by Staff Writer | 3772 Views | 11 min read

Concerns about coronavirus transmission has encouraged use of contactless cards and this trend will continue as contactless limits are increased and new habits become ingrained Contactless payments are increasingly the norm in Europe Global Payments Cards Data and Forecasts to 2025 shows that contactless payments still account for a small but growing proportion of total

Barclaycard Payments Signs up to Mastercard Track Business Payment Service to Modernise Business Payments

Posted on by Staff Writer | 3916 Views | 14 min read

The new service, to be offered through Barclaycard Payments, will enable the payments business to support its corporate customers even more effectively Barclaycard Payments today announces it has agreed to join Mastercard Track™ Business Payment Service, making new services available to Barclaycard Payments’ customers later this year. The innovative, open loop network delivers value to

Meet Visa: Reintroducing the Iconic Visa Brand to Everyone, Everywhere

Posted on by Staff Writer | 4464 Views | 21 min read

Multi-year brand evolution highlights the power of Visa’s trusted global network, enabling modern money movement and expanding economic access Inviting the world to ‘Meet Visa,‘ the global payments technology company today unveiled the initial phase of its brand evolution spotlighting the diverse capabilities of its network and commitment to enabling global economic inclusion. Aligned closely

Architecting Card Systems for a Digital-First World

Posted on by Staff Writer | 3722 Views | 29 min read

Written by N Sathish, Dy Chief Product Officer @ FSS Cards are the most frequent interactions that financial institutions have with their account holders. Each transaction presents an opportunity to create accountholder engagement and drive revenue. A combination of factors – fierce competition, regulatory interventions, rapidly evolving customers, and technology trends are, however, challenging card

Verizon Business and Mastercard Partner to Bring 5G to the Global Payments Industry

Posted on by Staff Writer | 4670 Views | 16 min read

Harnessing Verizon’s 5G connectivity and the power of the Mastercard network, Verizon Business and Mastercard will work closely to innovate the future of payments and commerce. Companies will work together to deliver solutions such as immersive retail technology, compelling point-of-sale experiences, and digital capabilities for small and medium businesses (SMBs). Verizon Business and Mastercard have

Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes Off in Nigeria

Posted on by Staff Writer | 5007 Views | 26 min read

96% of consumers in Nigeria are considering emerging payments such as wearables, biometrics, digital wallets and currencies, and QR code, in addition to Contactless, according to the Mastercard New Payments Index 86% of Nigerian consumers have access to more ways to pay compared to this time last year 78% of consumers in Nigeria say digital

Tap or Scan to Pay with Mastercard and Help the Gift of the Givers Foundation

Posted on by Staff Writer | 5164 Views | 12 min read

Consumers will support humanitarian relief efforts when they “Tap to Pay” with their Mastercard contactless card or “Scan to Pay” with their Masterpass app or any Masterpass-enabled Scan to Pay banking app at Shoprite, Checkers and Usave till points The Priceless Cause will see Mastercard donate R1million towards supporting communities in need of assistance With