In the midst of a global economic downturn with a global GDP growth rate projected at 2.9% for 2023, with a downside growth outlook as a result of sticky stubborn inflation, elevated interest rates, turbulence in exchange rates, and a financial crisis, Equity Group has reported-: A 33% growth in dividend payout of a record
On the 8th of March 2023, the Corporate Affairs Department in collaboration with the Human Resource Department of GCB Bank PLC organized a Roundtable Talk to commemorate this year’s International Women’s Day. The theme for this year’s celebration was “Embrace Equity – DigitAll: Women in the IT And Digital Space” and the talk focused not
Ecobank Burkina Faso, Ecobank Côte d’Ivoire, Ecobank Ghana and Ecobank Rwanda all scoop awards Lomé, 20 March 2023 – Four affiliates of the leading pan-African banking Group, Ecobank Group, have won the coveted ‘Best Trade Finance Provider 2023’ Award in their respective countries. The affiliates, specifically Ecobank Burkina Faso, Côte d’Ivoire, Ghana and Rwanda received this
Key facts: Emerging trend: Account-to-account payments continued to gain momentum in 2022 to account for US$525 billion in global e-commerce transaction value. Global forecast: Global e-commerce market is set to be worth nearly US$8.5 trillion in 2026. Shift in balance of U.S. payments: For the first time, digital wallets surpassed credit cards to become the leading payment method
Benefit from one integration and one portal for estate management. If you haven’t heard about Payment Platform as a Service (PPaaS) yet, you will. To stay relevant, acquirers need to find ways to keep up with merchant demands to meet evolving consumer behaviors. The growing number of digital-centric consumers expect consistent experiences across all channels. According to PwC
Mastercard, a technology leader in the global payment industry, has partnered with QNB, the largest financial institution in the Middle East and Africa, to launch “myPOS” tap on phone service, a new service for micro and small businesses, which allows business owners to accept payments for their products or services through a smart phone. The service, powered
Equity ranked 4th strongest banking brand globally on brand strength, scoring 92.4 points out of 100 The Bank is the 3rd strongest bank in Africa, strategically representing the East and Central African region in the rankings Equity also ranked 291 in the top 500 most valuable banking brands in the world with a brand value of USD 531.7 million
All Tigo Pesa customers in Tanzania, can now make online payments globally with their Mastercard Virtual Card. Tigo Tanzania, Selcom and Mastercard Inc. have announced a strategic partnership that will see the three industry leaders revolutionize the digital payment ecosystem by enabling convenient online payments globally through the Tigo Mastercard virtual service via the Selcom’s card-as-a-service
The Mastercard debit card enables customers to make dual currency transactions on the same card. The prepaid Mastercard card will allow non-account holders to transact in foreign currency. The Mastercard debit cards will enable safer, simpler, smarter, and accessible transactions inclusive of e-Commerce transactions. POSB in partnership with Mastercard has unveiled new prepaid and debit
Financial gateway service provider, PAYM8, in partnership with WIZZIT, has introduced its Tap-on-Phone SoftPOS solution. The solution offers an innovative alternative to traditional point-of-sale devices and will give PAYM8 customers a safe, easy way to pay that can be used anywhere. The solution meets PCI (Payment Card Industry) and EMV (Europay, MasterCard, and Visa) requirements.
