Faisal Islamic Bank Becomes First Sudanese Bank to Obtain Mastercard License through Network International Partnership

Posted on by Staff Writer | 8777 Views | 11 min read

Enabling digital transactions in Sudan supports Mastercard continued effort to bring 1billion people into the digital economy by 2025. Partnership will enable bank customers and businesses with greater choice and convenience in shopping.   Faisal Islamic Bank (FIB) in collaboration with Network International, the leading enabler of digital commerce across Africa and the Middle East,

Ukheshe and KCB in Deal to Boost East African Payment Services

Posted on by Staff Writer | 4561 Views | 9 min read

In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya. Through the agreement, KCB will sponsor Ukheshe’s Bank Identification Number (BIN) number, which will allow Ukheshe

The SASSA Cards Will Still Be Valid Beyond 31 March 2021

Posted on by Staff Writer | 3925 Views | 5 min read

The South African Social Security Agency (SASSA) is refuting social media misinformation and claims about the expiry of the SASSA-SAPO Card on 31 March 2021. These claims are not true. The SASSA Cards will NOT stop working on 31 March 2021. The cards will have to be replaced, as indicated by the SA Reserve Bank report

Mastercard, Unilever and KCB Bank Strengthen Partnership to Support Micro-retailers in Kenya

Posted on by Staff Writer | 4051 Views | 12 min read

Micro-retailers to receive $150,000 worth of financial support, free health products and training, to ease the economic impact of the pandemic. Mastercard, Unilever and KCB Bank have built on their partnership to support micro-merchants in Kenya by expanding their current Jaza Duka program to provide an extensive COVID-19 relief package to retailers. Micro, small and

RBR | Changing Consumer Behaviour Will Drive Growth in Card Spending Post-COVID-19

Posted on by Staff Writer | 3385 Views | 14 min read

Economic pressures hindered growth in 2020 but underlying trends show positive outlook for the payment cards sector Global payment card spending reaches $35 trillion worldwide RBR’s Global Payment Cards Data and Forecasts to 2025 report highlights an ongoing movement away from cash, greater use of contactless and increased card issuance. It shows that $35 trillion

Mastercard Pledges Net Zero Emissions; Innovates for Collective Climate Action

Posted on by Staff Writer | 3853 Views | 18 min read

Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by 2050.  Understanding that economic growth cannot come at the expense of the planet, the company’s global action plan aims to continue to reduce greenhouse gases (GHG) by remaining focused on the decarbonization

Mastercard and Network International Launch Digital Platform to Accelerate Digital Payment Adoption Across Middle East and Africa

Posted on by Staff Writer | 6091 Views | 12 min read

Innovative digital solutions will enhance mobile-based payments for issuers, merchants, acquirers and consumers Mastercard, a technology leader in the global payments industry, and its strategic partner, Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA) region, have collaborated to launch a new digital platform which will accelerate the adoption

Planet Fitness Makes the Smart Move in Partnering with Bitventure for the Latest Payment and Onboarding Technologies

Posted on by Staff Writer | 4358 Views | 15 min read

Market-leading gym group, Planet Fitness, announced that they have adopted the latest in smart payment collection technologies for enhanced management of membership payments. This has transformed new member enrollment into a remarkably quick and seamless process and improved their collection success rates. The new technologies are powered by Bitventure, the payment, verification, and onboarding solutions

FirstBank Begins the Year with an Innovative, Convenient Virtual Payment Card

Posted on by Staff Writer | 4436 Views | 9 min read

First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. The FirstBank Virtual Payment Card is a suitable alternative

Mastercard Pioneers Cloud Tap on Phone, its First Pilot of Cloud Point of Sale (POS) Acceptance Technology

Posted on by Staff Writer | 3452 Views | 17 min read

Mastercard and its partners move services to the cloud, democratizing access to payments technologies. Move unlocks opportunities for partners worldwide to enable contactless payments acceptance via a mobile phone. Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with Computer Engineering Group (CEG), a Napa, Calif.-based independent IT Services provider. Cloud