Net1 has announced that One MobiKwik Systems Private Ltd. (“MobiKwik”) has launched one of the largest global virtual card programs in partnership with IDFC Bank Ltd (“IDFC Bank”) and Visa using Net1’s proprietary virtual card technology in India. The virtual prepaid card is currently available by invitation only, and will be rolled out to all MobiKwik
First Bank of Nigeria has been named the first financial institution in Nigeria and the West-Africa sub-region to issue 10 million cards to customers across the country. This makes FirstBank the second bank in Africa to achieve this feat. With this milestone, the Bank currently processes over 30% of the card transactions in the entire
First Bank of Nigeria has been named the first financial institution in Nigeria and the West-Africa sub-region to issue 10 million cards to customers across the country. This makes FirstBank the second bank in Africa to achieve this feat. With this milestone, the Bank currently processes over 30% of the card transactions in the entire
The issues of the South African Social Security Agency (SASSA) expiry card has brought a lot of uncertainty among social grant beneficiaries who are now living in fear of what will happen when the card expires on 31 December 2017. SASSA would like to assure beneficiaries of social grants that the matter has been dealt
UnionPay International and Attijariwafa, the largest commercial bank in Morocco, jointly announced the launch of ATM acceptance in Casablanca, with which all their 2,000 ATMs will soon be enabled to accept UnionPay credit and debit cards. This will increase UnionPay’s ATM acceptance coverage in Morocco from 15% to 45%. Morocco is one of the emerging
United Bank for Africa Zambia (UBA) announced the launch of the first Mastercard debit card in Zambia to financially empower its citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for citizens – instantly. In line with the bank’s strategic vision, UBA is introducing innovative payment
Direct Pay Online Group (DPO) has announced the acquisition of Virtual Card Services (VCS) South Africa. This marks the completion of DPO’s purchase of VCS Group, post the earlier acquisition of VCS Namibia and VCS Botswana. Furthermore this acquisition further bolsters DPO’s leading position in Southern Africa post its previous acquisitions of PayThru and PayGate.
Holiday revelers are in for a more exciting time this summer with FirstBank’s bouquet of Dollar denominated cards. Convenience, security, flexibility and improved spend are the key defining features of these Dollar cards. To delight customers, wherever they travel this summer, FirstBank offers three Dollar card products namely – Visa Gold, Visa Dollar Prepaid, and
UnionPay International announced that it has deepened its cooperation with Kenya Commercial Bank (KCB), the largest bank in Kenya. First, the two will jointly issue the first UnionPay card with the mobile QuickPass function in Kenya this month, supporting the upgrade of the local payment industry through product enhancement. Second, with the official website of
UnionPay International announced that it has deepened its cooperation with Kenya Commercial Bank (KCB), the largest bank in Kenya. First, the two will jointly issue the first UnionPay card with the mobile QuickPass function in Kenya this month, supporting the upgrade of the local payment industry through product enhancement. Second, with the official website of
