Net 1 UEPS Technologies, Inc. has announced that it has appointed Lincoln Mali as Chief Executive Officer of Net1 Southern Africa, a new position for the company. A highly accomplished financial services executive with over 25 years in the industry, Mali makes the move to Net1 from his role as Head of Group Card and
Online payment gateway, PayFast has launched a new merchant-financing service in partnership with local fintech lender, Retail Capital, called Easy Advance. The service is designed to help merchants leverage short-term working capital to grow their business, without compromising their cash flow. “Small businesses are generally more agile and quick to adopt creative strategies. Throughout 2020,
Simple and effective solution solving complex and expensive problem QR codes have been a huge hit with smaller traders, especially in the hospitality industry, weekend markets and owner-run businesses. Zapper’s continued success at Dis-Chem, however, is proving that the technology is possible at even the largest of retailers – without the expense of new pin
Sending payments across borders requires high levels of collaboration, communication, and trust. And that experience should be as straightforward, simple, and secure as possible. By transforming the SWIFT platform to centrally orchestrate transactions end to end, we are taking the next step towards enabling instant, frictionless cross-border, account-to-account payments. Here, Stephen Lindsay, Platform Evolution –
The longest running behavioural rewards programme in SA’s banking sector FNB’s eBucks Rewards programme is South Africa’s leading multi-partner rewards programme that has spent the past 20 years driving good banking behaviour and rewarding customers with R14.2 billion in eBucks since inception. To date, customers have redeemed R13.3 billion in eBucks through a network spanning
In furtherance of the need to promote the business activities of its foremost agent banking platform; Firstmonie Agents, Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities up to one million naira to its banking agents. The Bank currently has over 86,300 Firstmonie Agents, spread across
Botswana Savings Bank (BSB) has selected global leading digital banking provider, CR2, to launch a suite of digital banking channels and payment services. This will allow BSB to execute their digital transformation strategy and offer a suite of value added services to their customers via digital channels. The sheer importance of providing dynamic digital banking
Enabling digital transactions in Sudan supports Mastercard continued effort to bring 1billion people into the digital economy by 2025. Partnership will enable bank customers and businesses with greater choice and convenience in shopping. Faisal Islamic Bank (FIB) in collaboration with Network International, the leading enabler of digital commerce across Africa and the Middle East,
In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya. Through the agreement, KCB will sponsor Ukheshe’s Bank Identification Number (BIN) number, which will allow Ukheshe
Ukheshe, a digital fintech platform provider, has announced the appointment of Prins Mhlanga, CEO of Ocean on 76 Group, as a non-executive director. Since launching two years ago, Ukheshe has established itself as a leading payment technology specialist successfully collaborating with several blue-chip payment brands. The appointment of Mhlanga comes at a time when the
