National Bank of Bahrain Signs an Extended Partnership with Mastercard to Enhance Portfolio Through New Premium Offerings

Seven-year partnership will see NBB issue a range of debit, credit, prepaid cards and unique loyalty solutions to complement existing comprehensive offerings with Mastercard. Collaboration includes launch of highest tier cards targeted at UHNWI offering Priceless experiences The National Bank of Bahrain (NBB), and global technology company Mastercard have announced a strategic seven-year partnership to

COVID-19 Boosts E-commerce Card Spending Worldwide by $2 trillion

Online spending will continue to show strong growth over the coming years as pandemic restrictions have accelerated a shift in consumer habit Lockdowns and temporary store closures led to e-commerce boom RBR’s Global Payment Cards Data and Forecasts to 2026 study shows that a record $7.7 trillion was spent online using payment cards in 2020.

Pass to Greater Prosperity: Advancing Financial Security and Well-Being Across Africa Through Digital Inclusion

The COVID-19 pandemic threw the world into disarray, but in Africa, life continues: Farmers farm, merchants sell, people apply for capital to create jobs and improve livelihoods, and a heightened need for access to healthcare underpins it all. But on a continent with widespread inequality, where over half of the population is still excluded from

Absa Bank Kenya, Visa partner to launch Domestic and Cross-Border Remittance Service

Absa Bank Kenya has partnered with global payments technology platform Visa to launch a domestic and cross-border remittance service that will allow seamless person-to-person money transfers and persons-to-businesses payments via the Visa Global network. The Absa Visa Send Money, a first-of-its-kind market solution, will allow Absa debit and credit cardholders to transfer funds from their

International Sales and Global Suppliers Key to ensure Post Pandemic Business Recovery and Growth

Mastercard’s Borderless Payments Report 2022 has revealed two in five (46%) SMEs in EEMEA are earning more money than before the pandemic, driven by digital growth and international sales opportunities. Seven in ten (71%) saw above-global-average growth in online sales and nearly half (49%) are doing more business overseas. Seven in ten (72%) also say

Interswitch and Compass Plus Technologies Partner to ease Payments Across Africa

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa. The strategic partnership will see Interswitch utilise TranzAxis, an award-winning, token-based, cloud-native and API first open development payments

Seamless, Speedy and Secure: The Lowdown on Halo Dot

We live in a world where ease and speed are expected – our impatience grows stronger every day. This doesn’t stem from a sense of entitlement but is a product of constant evolution and innovation. This applies especially to making payments. Halo Dot is a ‘game-changer, sale maker’ that makes contactless card payments more accessible,

World’s Fastest-Growing Payment Method favoured as Cost of Living Soars in SA

South Africans are struggling on the back of fuel price increases along with rising food and utility costs. Increasingly, credit cards are being used to pay for expenses, which is a dangerous trend in a country that is already highly indebted. According to SA’s largest buy now pay later (BNPL) provider, Payflex, this payment method

Mastercard Welcomes NymCard as Principal Mastercard Issuer to Boost UAE Fintech Landscape

Mastercard has certified NymCard, a plug-and-play banking-as-a-service (BaaS) provider, as a Principal Mastercard Issuer in the UAE. The milestone announcement marks the first time a fintech in the UAE is licensed to issue cards by Mastercard. The license from Mastercard enables NymCard to become the UAE’s one-stop provider for fintechs and digital partners, removing the

Sokin Expands Payments Partnership with Mastercard across the Region

Sokin has teamed up with Mastercard to connect consumers in 39 new markets to payments services that are more open and transparent, removing the barriers that have historically hindered access and financial inclusion The partnership has been expanded to help consumers make transactions on their own terms Sokin, the new generation fintech payment firm, has