Mastercard Partners with Digital PayGo to Drive Secure Payments for SMEs in Zambia

SME-in-a-Box solution will enhance the Small and Medium Enterprise (SME) customer value proposition  and support the enablement of a digital-first approach for merchant mobile payments Partnership will drive secure electronic payments and digital transformation of SMEs, which represent 97% of all businesses in Zambia Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch

RBR | Fierce Competition in Challenging Global EPOS Market

COVID-19 caused the global EPOS market to contract last year, but research forecasts recovery Global EPOS market becoming more fragmented Last year saw 1.7 million programmable EPOS units delivered globally, according to Global EPOS and Self-Checkout 2021, the latest study by strategic research and consulting firm RBR. Activity declined as retailers diverted investment to other

ACI Worldwide Wins Juniper Future Digital Awards for Merchant Payments and Retail Innovation

Juniper Research recognizes ACI as a winner in three categories, including “Payments Innovation of the Year” ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has been recognized by Juniper Research, winning three awards for innovation in payments and retail at its Future Digital Awards 2021 Fintech & Payments. ACI Secure eCommerce received the highest accolade—a

Spot Money | Four Reasons Why Contactless Payments are Taking Over the World

By Andre Hugo, the co-founder and CEO of South Africa’s newest money app, Spot Money For the past 10 years, we’ve been hearing about how new-generation mobile apps, wallets, tap-to-pay, NFC solutions and even the humble QR code are going to spell the end of the magnetic stripe card as a means of payment. And

CR2 & ATMIA Webinar: How COVID-19 is shaping ATM trends and driving innovation

Register here The COVID-19 pandemic has accelerated the world’s need to transform and adapt self-service banking to meet consumer needs, with smart ATMs playing an essential role. Many banks are responding to these changes with investment in low and no touch banking experiences at the ATM, offering additional self-service capabilities at ATMs to replace teller

PCI Security Standards Council Issues Remote Assessment Guidelines

Guidelines Provide Best Practices to Support the Appropriate Use of Remote Assessments for PCI SSC Standards The PCI Security Standards Council (PCI SSC) has issued guidelines to support principles and procedures outlining the use of remote assessments. Built upon guidance provided throughout the course of the pandemic, the “PCI SSC Remote Assessment Guidelines and Procedures”

PayFast Gives Consumers MoreTyme to Make Payments

In line with the latest ecommerce trend, online payment gateway PayFast has announced the addition of MoreTyme, a buy now, pay later feature recently launched by digital retail bank TymeBank, as a payment option on their platform. The feature will benefit merchants, who will be paid upfront in full, and customers, who can have their

Mastercard Welcomes NymCard as its Newest Network Enablement Partner

Mastercard has welcomed the banking-as-a-service (BaaS) provider and modern card issuing platform, NymCard, as the newest company to join its Network Enablement Partner program, providing it with the ability to deliver Issuances in record time. As a Network Enablement Partner, NymCard gets a direct connectivity with Mastercard, providing it with privileged access to Mastercard’s core

PayPal Introduces Customers to the Next Digital Payments Era with the New PayPal App

PayPal introduces new features and services, adding access to high yield savings, in-app shopping tools, deals and rewards, up to two-day early access Direct Deposit, and bill pay All-in-one, personalized app provides PayPal customers with a single destination to easily and securely manage their daily financial lives and do more with their money PayPal announced

Absa Group to Implement Second Significant B-BBEE Transaction

Absa Group Limited, one of the largest diversified financial services providers in Africa, plans to implement a second significant broad-based black economic empowerment (B-BBEE) transaction as part of its broader efforts to achieve transformation in a meaningful and sustainable way. “The planned transaction is a demonstration of our commitment to transformation and cements our longstanding