FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payment processor, is to collaborate with Zwipe to bring next generation contactless payment cards to issuers globally. Zwipe is a payment FinTech recognized for having pioneered the development of biometric payments and has delivered many successful pilots around the world.
Mastercard has announced the appointment of Shehryar Ali as Country Manager for East Africa. With more than 19 years of experience driving financial and digital solutions in the region and working in well reputed banks in Africa & Asia, Shehryar brings with him a wealth of experience. He will be based in Mastercard’s regional head
Guaranty Trust Bank (Ghana) Limited and UnionPay International have signed a Memorandum of Understanding (MoU) to mark a partnership which will grow the footprint of UnionPay cards acceptance on the bank’s digital channels. The MoU was signed by the Chief Operating Officer of GTBank, Ayokunle Yusuf, and General Manager, Africa branch of UnionPay International, Luping
Transition will reduce CO2 emissions by 161 tonnes a year, and save 73 tonnes of plastic per year HSBC is announcing a new programme to introduce sustainable payment cards across all its global locations. By the end of 2026 it will eliminate single-use PVC plastic, in favour of recycled PVC plastic (rPVC). The programme –
HSBC launches Mastercard Track™ Business Payment Service for commercial customers in the UAE Technology leader Mastercard continues to deliver on its promise to modernise business payments worldwide and across the Middle East and Africa region, announcing a new partnership with HSBC that will provide the bank’s commercial customers in the UAE with an enhanced business-to-business payment
As COVID-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest Recovery Insights report, this amounted to an additional $900 billion being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up roughly $1 out of
Crossfin Ventures, the angel investment arm of Crossfin Technology Holdings, has announced its investment in Troygold, a South African fintech enabling gold owners to digitise physical gold and use it for day to day transactions via a mobile app and gold-backed Mastercard. Crossfin Ventures chief operating officer Anton Gaylard says they were attracted to Troygold
A delay in the payments of the COVID-19 social relief grant for the months of March and April 2021 is being experienced due to the transition in government financial years. The end of March is the end of the financial year for government and various administrative tasks are required before any payments which relate to
Zemen Bank has announced a partnership with Mastercard that will see the introduction of the first ever Mastercard branded prepaid contactless travel card in Ethiopia. Zemen Mastercard prepaid travel cards will enable cardholders to use cards with either of the two major currencies, namely U.S. Dollars and Euros, based on their travel destination. The card is also
New study of consumers in 24 countries shows the pandemic is prompting billions to consider more sustainable behaviors A large proportion of adults (85%) state they’re willing to take personal action to combat environmental and sustainability issues in 2021 New Mastercard feature enables banks to equip people with carbon footprint data and insights to help
