Mastercard and DPO Group have announced a collaboration to enable more than 40,000 African merchants to accept Mastercard payments, connecting more people and businesses to the global economy. The collaboration will enable DPO to act as a Pan-African switch by using the Mastercard Payments Gateway Services (MPGS). DPO will now be able to independently authorise
Debit and credit card transactions reached 4.8 million during this year’s Black Friday. This represents a 4% year-on-year growth on 2017’s 4.7 million, according to BankservAfrica, Africa’s largest automated payments clearing house BankservAfrica’s figures, which covers all in-store card transactions (excluding ATM) by BankservAfrica between 00:00 – 23:59 on 23 November 2018, showed the highest
Mastercard, in partnership with Housing Finance Bank, has launched Mastercard Debit and Prepaid Card options to the bank’s customers. These payment solutions will deliver a quick, convenient and secure alternative to cash, while further assisting in driving inclusive growth in Uganda. They will also underpin the Ugandan Government’s National Financial Inclusion Strategy (NFIS) 2017 –
Visa, the global payments technology company and Vivo Energy, the company that markets and distributes Shell-branded fuels and lubricants in Africa, have announced a Pan African agreement to provide digital payment services to consumers across 15 African countries, where both companies operate. The partnership is geared towards growing digital commerce and will offer more Visa
Brand new research from RBR reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share. Financial inclusion initiatives drive growth in card issuing There were 15 billion payment cards in circulation around the world at the end of 2017,
Mastercard President and CEO, Ajay Banga, this week visited Zimbabwe to show Mastercard’s strong support for the country’s drive to create a new wave of digital payments and inclusive growth. He outlined how Mastercard will collaborate with local private and public sector partners to drive greater financial inclusion through the implementation of innovative payment technologies.
Shopping, buying train tickets or hailing a cab online help make the everyday easier. In this digital age where more than half of online shoppers save their credit card info on multiple online sites and the industry average for online checkout is ten minutes, there’s still room for improvement. Mastercard has introduced Digital Commerce Solutions
UnionPay International announced today it has signed an agreement with Kenya Commercial Bank (KCB), the largest bank in Kenya, at Canton Fair, also known as The China Import and Export Fair, to issue the world’s first UnionPay Belt and Road Commercial Card in Kenya. Offering unique privileges for business travel, transportation and trade, the Belt
Ingenico Group, a global provider of seamless payment, is proud to join Visa Ready for Transit programme and to collaborate with the Visa Global Transit team, ticketing integrators and transit operators to create the best experience for public transport users. Preparing the launch of its dedicated hardware and service solutions for 2019, Ingenico has joined
The US National Retail Federation has said a proposed new class action settlement, which purports to resolve claims that Visa and MasterCard set credit card swipe fees in a multi-billion dollar price-fixing scheme, largely resembles part of an agreement that both a federal appellate court and the retail industry had already rejected. “The monetary settlement
