Fintech and payments provider Adumo has partnered with TymeBank to extend the newly-launched MoreTyme payment offering to small and medium enterprises in South Africa. MoreTyme is a buy-now-pay-later (BNPL) payment service that offers consumers a three-instalment, interest-free payment option at the point of sale. Paul Kent, CEO at Adumo, says South African businesses and consumers
Recognising the key role that digitisation is playing in the financial lives of more and more of its customers, South Africa’s leading fuel and convenience retailer Engen is prioritising electronic payment solutions at the core of its customer offering. With over 3.4 billion litres of fuel pumped from Engen forecourts in 2020, or approximately 25%
The fintech partners with Pargo for Mukuru Card collection and extends remittance reach to include all Shoprite, Checkers and Usave stores African fintech Mukuru, leader in remittances and a host of other financial services including the Mukuru Card, funeral cover, staff payments and products to send groceries and distribute aid, has extended its partnership with
FNB has been announced as the Best SME Bank in South Africa and Africa at Global Finance’s inaugural SME Bank Awards. The criteria for Best SME Bank is based on knowledge of SME markets and needs, breadth of products and services, market standing, and innovation. FNB was recognised as the bank that best meets the
Cassava Smartech and Comviva won the silver for the Green financial inclusion initiative by mobile money platform EcoCash Cassava Smartech Zimbabwe, trading as EcoCash Holdings Zimbabwe Limited, together with its long-term technology partner Comviva, has won two silver awards at this year’s Emerging Payments Awards. Cassava Smartech and Comviva won the silver for the Green
The ATM Industry Association (ATMIA) is pleased to congratulate two recent graduates of the ATMIA Academy. Hassan Ibrahim Awad, Senior Officer | Alternative Banking Channel, Dahabshil Bank International -Main Branch Daniel González-Márquez, M.A., ATM Operations Program Manager Payment Programs & Initiatives, Desert Financial Credit Union They have all successfully completed the Academy’s International ATM Operators training and are now certified. To gain international
BankservAfrica went live with an Application Programming Interface (API) for its Real-Time Clearing (RTC) payments solution. The first financial transactions on RTC were processed on 20 October 2021, after the API development was completed successfully by BankservAfrica and TymeBank. TymeBank is the first South African bank to leverage this modern and agile connectivity to BankservAfrica’s
SOLMate has announced the launch of its newly branded SOLMate prepaid debit cards. In its ongoing effort to offer clients a fully-fledged financial ecosystem in their pockets, SOLMate has further enhanced its solutions with the launch of this new generation debit card. In addition to the host of payment services housed in the SOLMate app,
This year, the financial community can look forward to the 27th edition of the SWIFT African Regional Conference (ARC), taking place virtually on 23-24 November 2021. Due to the global pandemic, this event has shifted to a digital experience for the African community, making it easier than ever to be part of Africa’s premier financial
– Only solution to offer robust combination of network and issuer tokens – Ability to offer future ready tokenization across all payment modes like UPI, net banking & contactless device payments India’s leading online payments solutions provider, announced the launch of its unique tokenisation solution ‘PayU Token Hub’, which will enable businesses to comply with RBI’s
