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

ABSA Launches Multi-Currency Prepaid Travel Card

Absa Bank, a subsidiary of Barclays has launched Multi-Currency Cash Passport – South Africa’s first reloadable prepaid travel Multi-Currency Card. The card allows cardholders to load multiple currencies on the same card. Cardholders can currently load up to four currencies on the easy-to-use card: US dollar, British Pounds, Euro and the Australian Dollars. More currencies

Visa Adds New Capabilities to its Rewards Platform (Visa Offers)

Visa Inc. announced a processing enhancement for Visa Offers, a solution that enables Visa issuers, acquirers and merchants of all sizes to deliver targeted rewards to Visa cardholders. The enhanced service has the potential to eliminate paper coupons, allowing consumers, who opt in, to earn points and discounts as well as redeem special offers instantly

Boost to Nigerian Payments System as MasterCard Powers Identity Card Program for 13m

The Nigerian National Identity Management Commission (NIMC) and MasterCard today announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded National Identity Smart Cards with electronic payment capability as a pilot program. The National Identity Smart Card is the Card Scheme under the recently deployed National Identity Management System (NIMS). This

Google Teams Up with Equity Bank to Launch Travel Payment Card: BebaPay

Google has teamed up with Equity Bank, the largest bank in East Africa, to launch BebaPay, a payment card that makes it easier and more convenient to pay for bus travel in Kenya. People travelling on key Nairobi bus routes such as Riruta, Karen and Jogoo Road will be able to pre-load money onto their

I-conférences and MasterCard Organise Cartes Afrique

I-conférences and MasterCard announced their consecutive fifth year collaboration for the Cartes Afrique forum, a prominent industry event that witnessed strong participation from the electronic banking, digital security, cards, payments and contactless technology communities. The eighth edition of the forum took place at the Kenzi Hotel Menara Palace, Marrakesh on 25th and 26th April 2013,

Consumer Finance Firm Promises Credit Revolution in Kenya

afb Kenya

AFB, a consumer finance company headquartered in Mauritius, has today opened a new office in Nairobi, Kenya, in a Ksh250 million capital investment. This development brings the number of afb’s offices across the African continent to four, with other offices operational in Lusaka, Accra and Cape Town. Speaking in Nairobi, afb’s Chief Executive Officer Karl