Airtel Africa has announced a partnership with Mastercard, giving over 100 million Airtel Africa mobile phone users across 14 African countries access to Mastercard’s global network. The Mastercard virtual (non-plastic) card allows Airtel Money customers, even those without a bank account, to make payments to local and global online merchants that accept Mastercard cards, while
BassPro, Cinemark, JoAnn Fabric and Crafts, Movember, Papa John’s, Rakuten, Saks Fifth Avenue, Staples, SHOP.com and Tickets.com are among the first merchants to offer consumers new option to click to pay. American Express, Discover, Mastercard and Visa announced the arrival of faster, more secure online checkout based on the new EMV® Secure Remote Commerce (SRC)
Visa has announced plans to establish localised processing infrastructure in South Africa. The new infrastructure will supplement the company’s global processing network VisaNet and serve both domestic and international payments for South African clients. VisaNet is one of the world’s most advanced processing networks delivering secure, reliable and scalable transaction processing and value-added payment services.
Identifying authorization system vulnerabilities for issuers before exploitation and fraud loss can occur Mastercard today announced Threat Scan, a unique global service that helps banks proactively identify potential vulnerabilities in their authorization systems. The service was showcased this week at the Mastercard Cybersecurity Summit in Croatia. Cyber criminals are relentless in their efforts to exploit
Orient Bank Uganda Limited and UnionPay International have announced recently that UnionPay Cards are now accepted at all ATMs and POS terminals of Orient Bank in Uganda. Orient Bank is one of the leading and fastest growing banks in Uganda. Annoucing the partnership in Kampala today, Darshana Bhatia, Orient Bank ED said, “This is yet
Our mobile phones have become the epicenters of our lives. Today, we connect with friends, watch shows, hail cabs, reserve restaurants, buy things and pay each other all via our mobile devices. In fact, nearly four billion people – half the global population – are expected to use their devices to pay by 2024, according
To transform bank cards into vectors of change in favour of the environment. That is MCB’s chosen vision, through the implementation of its “Your card for change” program launched earlier this year in May. Through this programme, MCB donates 10 cents, for each transaction made with a debit card, to a fund destined to the
To provide easy, fast and more convenient digital financial services to millions of Moroccans inwi, Moroccan telecom operator known for its digital innovations, has recently launched its mobile money service “inwimoney”. The service works on Comviva’s mobiquity® Money, one of the world’s largest mobile money platform. The service offers consumers a quick, convenient and secure way
AccèsBanque Madagascar in partnership with UnionPay International launched the first UnionPay. The UnionPay debit cards are accepted by automated teller machines and point of sale terminals in all UnionPay International networks. This launch event is attended by UnionPay representative, government officials, and ambassadors, giving a new image of banking industry in Madagascar. This announcement has
As in many developing countries, cash has been the most prevalent mode of payment in Nigeria until 2012 when the Central Bank of Nigeria (CBN) introduced the cashless policy with the aim of promoting the use of electronic payment channels instead of cash. Since then, banking services in Nigeria have shifted from physical and tangible
