Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy. The partnership will use Mastercard’s cutting-edge
By Graham Bradford, Senior Product Manager at Ecentric As retailers grow into mid-market size and beyond, the complexity and cost of manually reconciling payments increases almost exponentially because there are hundreds of thousands, if not more, transactions a day. Most retailers in this segment reconcile their payments with spreadsheets and many can’t expect a view
Small and medium-sized enterprises (SMMEs) often navigate challenging waters. These enterprises are the backbone of our economy, driving growth, innovation, and job creation. However, they may face financial fluxes, making optimising every aspect of their operations essential. One such aspect that deserves attention is payment collection. Steven Maier, Chief Brand Officer at Amplifin, South Africa’s
Consumers will increasingly be demanding choices when it comes to payment options into 2024, with security being high on the agenda and offerings that will be keenly watched as potential growth engines. Rory Bosman, Executive for Sales & Marketing at Ecentric Payment Systems adds that shoppers also want value from retailers, physical or online, when
Open banking and Embedded Finance platform, FutureBank, has announced a partnership with leading global issuer-processor, Paymentology, to provide banks and fintechs with streamlined integration to modern card issuing and processing technology, enabling instant issuance of virtual cards. Paymentology provides banks, fintechs and telcos with the technology to issue and process any type of physical or
CR2, a global digital banking and payments platform has been named a Technology Leader in Quadrant report on Card Management Systems (CMS) 2023. A significant achievement as CMS platforms continues to develop and offer an extensive array of advanced features for numerous use cases. This includes support for multi-product, multi-language, multi-currency, multi-scheme, and a wide
The global payments industry has come a long way over the past decade—and in a myriad of directions. Consumers and companies have shifted from cash to a burgeoning and integrated system of electronic payments solutions and value-added services. Payments have become more accessible, with innovations such as digital wallets, QR codes, and mobile money accelerating
Little App, a leading Pan-African “everyday everything” app, has joined forces with Absa Bank Kenya PLC and Visa, a world leader in digital payments, to unveil an innovative Near Field Communication (NFC) payment feature. This collaborative effort aims to streamline and expedite the payment process on Little App taxis by allowing drivers to accept card-based
Fintech enablement company Direct Transact has entered into a strategic partnership agreement with Visa, which will open up an array of multi-currency opportunities for banks, fintechs and businesses in the Central Europe, Middle East and Africa (CEMEA) region. Direct Transact (DT) has long been one of the largest Visa processors in the CEMEA region and
Pick n Pay, a trailblazer in the loyalty space, celebrates its pioneering spirit as it embarks on a digital transformation journey with the launch of the Pick n Pay Smart Shopper app. This marks the start of a new era of customer engagement and convenience for Smart Shopper as it aims to become South Africa’s
