SwaziBank has announced its collaboration with MasterCard, becoming the first locally owned retail and commercial bank licensed by the global payments technology company in Swaziland. By enabling acceptance of MasterCard products on SwaziBank’s ATM network around the country, the number of ATMs now accepting MasterCard payment cards in Swaziland increases by a substantial 25 percent.
Kenyan startup Buymore is offering students discounts on their favourite brands and merchants through an electronic card, and has signed up 20 stores for the programme so far. HumanIPO reported last month Buymore was named a finalist for this year’s edition of the PIVOT East conference to be held in Nairobi on June 24 and
Acquirer Systems, a leading provider of test and validation solutions to the international payments market, has launched its EMV Training Programme at a breakfast briefing in Johannesburg, South Africa. The launch is taking place in the presence of Ireland’s Ambassador to South Africa, His Excellency Brendan McMahon and Irish Minister for Trade and Employment Joe
American Express has announces a new partnership with Uber and a first-of-its-kind technology integration into the Uber iOS app that allows U.S. Card Members enrolled in the Membership Rewards program to choose to earn 2x points or use points for Uber rides. This is the first time that consumers can use loyalty reward points seamlessly
EFT Source, Inc. has revealed that its patented instant issuance solution, Card@Once, has issued more than 524,000 cards to consumers within one year. The company is a provider of turnkey card programs and personalization services for ATM and debit cards for financial institutions. High levels of customer engagement and positive experiences at the branch are
MasterCard’s technology combined with increased engagement of governments is helping drive greater expansion of financial inclusion. Public-private partnerships, such as the social security program in Pakistan MasterCard announced last week, offer citizens new opportunities to join the financial mainstream. Around the world, innovations such as prepaid and mobile payments combined with biometrics are enabling more
Kenya Commercial Bank (KCB) and Kenya Bus Services (KBS) have unveiled the Abiria card, which facilitates cashless payments on commuter buses in line with the government’s directive that all public service vehicles migrate to such methods by July 1. Competition is rife in the industry ahead of July 1, with HumanIPO reporting earlier this month
Visa Inc. has announced a new designation for consumer reloadable prepaid products in the US, aimed at simplifying fees, improving consumer protections and creating opportunities for cardholders to improve their financial health. The designation was developed in conjunction with industry thought leaders the Center for Financial Services Innovation (CFSI) and The Pew Charitable Trusts. “Consumers
Stanbic Bank Ghana has introduced the Stanbic MoneyWallet Multi-Currency Card, the first of its kind in Ghana. The new MasterCard-branded card offers a safer and more convenient alternative to foreign currency notes and allows both customers and non-customers of the Stanbic Bank to load and have access to up to four foreign currencies on a
Diners Club International Ltd., a business unit of Discover Financial Services and part of the Discover Global Network, and Bangkok Bank, a leading bank in Southeast Asia, will go live with merchant acquiring in Thailand. Under the agreement, merchants using the Bangkok Bank terminal network will be able to accept Diners Club International, Discover, BC
