United Bank for Africa (UBA) announced the rollout of two Mastercard electronic payment solutions in order to deliver cashless solutions to all Kenyan’s. The UBA Debit Mastercard and UBA Mastercard Platinum cards will help displace cash, delivering quick, convenient and secure payment alternatives for all citizens. The introduction of the debit card solution will help
United Bank for Africa (UBA) announced the rollout of the Debit Mastercard card in Uganda to financially support its citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens instantly. The introduction of the debit card solution is in support of the Bank of
A billion new cards issued in just one year Brand new research from RBR reveals that the number of payment cards worldwide increased by 8% in 2016 to 14 billion. With a billion new cards issued in the space of a year, the global market remains buoyant. The fastest growth is in Asia-Pacific, driven by
Planet Payment, Inc., a leading provider of international and multi-currency payment processing services, and ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced the launch of UnionPay International’s SecurePlus, the latest in UnionPay’s solution set, that will now enable the acceptance of UnionPay debit and credit cards online, with several
With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank (Uganda) Ltd (GTBank) officially launched the GTBank Debit Mastercard in Uganda in June. The bank is the first issuer of Mastercard in Uganda, signalling a key milestone for the country. There are three GTBank Debit Mastercards
With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank (Uganda) Ltd (GTBank) officially launched the GTBank Debit Mastercard in Uganda in June. The bank is the first issuer of Mastercard in Uganda, signalling a key milestone for the country. There are three GTBank Debit Mastercards
The Gauteng Provincial Government will in the next three months introduce a pilot project for a single e-ticket for public transport users. A similar card-based pilot project was introduced in Pretoria last year by the South African National Taxi Council (Santaco) for minibus taxi commuters on the Johannesburg, Pretoria and Mabopane (JPM) route. However, according
Over the last few years there has been a significant increase in debit orders processed to bank accounts without permission (a mandate) from consumers. On the other hand, irresponsible consumer behavior, where bank customers are disputing debit orders that do have valid mandates, at their banks, has also become a huge concern for the industry.
The South African Social Security Agency (SASSA) continues to receive queries about the expiry date of its payment cards and implications thereof from beneficiaries of social grants. The expiry date reflected in the current SASSA card is December 2017. We wish to put it on record that no beneficiary of social grants will be affected
Official figures of aggregated data published by technical body EMVCo show that by the end of 2016, the number of EMV payment cards in global circulation had increased by 1.3 billion in the previous 12 months to a total of 6.1 billion. The data also highlights that 52.4% of all card-present transactions conducted globally between
