Xpertek Provides Credit, Online and Cellular Solutions in sub-Saharan Africa

Xpertek Group’s loan finance solution, Acquire, is now being used in the consumer credit market, for online shopping, and in the cellular product space. Subsequent to the launch of the credit card solution last year, Xpertek implemented the solution at AFB, where it is used as a retail credit solution for merchants operating within sub-Saharan

Social Welfare Card for Two Million People with Low Income in Turkey

Two million low-income Turkish citizens will receive their welfare funds on MasterCard Prepaid Cards. That means beneficiaries such as widows, the disabled, and the elderly, will no longer have to wait in queue for hours on end to get their money.  Their benefits will be given to them faster and much more securely.  Electronic payments

TSYS Supports EMV Campaign in Kenya

TSYS announced that it supports Paynet, one of Kenya’s leading financial services providers to issuers and acquirers, in its ‘Great Migration to EMV Chip Card’ campaign. Founded in 2003 and headquartered in Nairobi, Kenya, Paynet has been a TSYS client since 2004. It licenses PRIME 4, the latest version of the TSYS licensed card and merchant management

Paynet Partners with MasterCard to Drive Local Migration to EMV Cards

MasterCard has signed a deal with regional card processor Paynet Group to partner in a local initiative geared towards encouraging the switch from magnetic strip to EMV cards. Dubbed “The Great Migration to EMV Chip,” the local initiative brings together various stakeholders in Kenya’s banking and payments technology sectors in an effort to hasten the switch

MasterCard and The Leading Hotels of the World to Offer Cardholders Special Benefits

MasterCard and The Leading Hotels of the World announced an agreement to provide MasterCard cardholders offers at participating hotels globally. As the largest luxury hotel collection, with more than 430 of the world’s greatest properties in over 80 countries, Leading Hotels is uniquely aligned with MasterCard’s Priceless Cities program to offer memorable travel experiences. All

Visa and MasterCard Support Common Solutions to Enable U.S. Chip Debit Routing

MasterCard and Visa Inc.  announced an agreement to license their respective common U.S. debit solutions to each other to meet the industry need for a streamlined approach to route U.S. chip debit transactions over multiple, unaffiliated networks. Visa and MasterCard have made certain proprietary EMV chip technologies available to each other and other networks, enabling

Metbank and MasterCard Launch Zimbabwe’s First EMV Payment Cards

Metbank announced at an event held in Harare, that it has collaborated with global payments technology company MasterCard, to introduce Zimbabwe’s first EMV certified debit cards. Metbank will introduce Gold and Standard MasterCard Debit Cards to its customers as well as the MasterCard Business Debit Card that will respond to the needs of corporate customers. The debit

Kenyan University Partners with MasterCard & Equity Bank to Launch Alumni Card

Kenyatta University has unveiled a new prepaid, PayPass™-enabled card for its alumni body. The KU Alumni Card allows alumni to enjoy discounts with selected partners, ranging from hotels, bookshops and hospitals to insurance companies and mobile phone service providers. The KU Alumni Card allows card holders to transact at over 34 million MasterCard points of

British Airways Launches New Executive Club Multi-currency Travel Card with MasterCard Subsidiary

MasterCard subsidiary, Access Prepaid Worldwide announces a new partnership with British Airways to launch a new Executive Club Multi-currency Cash Passport™. The partnership will allow British Airways Executive Club members to earn more Avios points, receiving one Avios point for every £1 loaded (or reloaded) onto the card. The travel card, which is available now,

44% Growth in Pre-paid Payment Card Market Between 2013 and 2018 Says ABI Research

A combination of open and closed loop pre-paid payment cards in both the government and enterprise sectors will result in cumulative shipments totalling 3.6 billion between 2013 and 2018. ABI Research forecasts that 53% of 2018 shipments will be smart card enabled, up from 24% in 2013. The sharp rise is driven by an increasing