The Global Prepaid Card Market size was valued at USD 2.01 trillion in 2019 and is predicted to reach USD 18.47 trillion by 2030, with a CAGR of 22.5% from 2020-2030. The global prepaid card market is on a strong growth momentum, owing to the growing demand for digital payments and a proliferating e-commerce sector,
Security cited as top concern for those not willing to use mobile wallet payments Flexible payment options can help ease consumer debt caused by the pandemic According to new data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, the use of mobile wallets has increased nearly 50 percent (49%) from
Standard Bank Group is proud to announce a new partnership with South African based technology company, iiDENTIFii. Following the launch of the group’s OneHub platform, this partnership will enable corporate customers to biometrically identify and verify the individuals they are doing business with via OneHub. Identity fraud is one of the fastest growing crimes globally
73% of SMEs in Egypt are optimistic about the next 12 months compared to a regional average of 74% SME Confidence Index of the Middle East and Africa Research identified key areas with the greatest potential for growth with two thirds of SMEs projecting an increase in revenues in the next 12 months After facing
B2B Payments Driving Value A new study by Juniper Research has found that the global value of virtual card transactions will reach $6.8 trillion in 2026, from $1.9 trillion in 2021. Virtual cards, secure digital cards with randomly generated details, will show strong growth as they are increasingly used for B2B payments. The research identified that businesses
The collaboration between both companies includes financial support from Visa and will be spread over the five-year partnership period Carbon (ng.getCarbon.co), a pan-African fintech company providing access to basic financial services for Africans, has announced a strategic five-year partnership with Visa, the world leader in digital payments, to offer both digital and physical issuance of
In the midst of the COVID-19 pandemic, six in 10 SMMEs in South Africa anticipate growth and are proactively planning for the future Upskilling staff for the future, access to data, analytics and insights, and digitising business operations offer highest growth potential for SMMEs As the COVID-19 pandemic continues to put pressure on Small, Medium
The African SME Bank of the Year award 2021 recognises the bank which has significantly contributed to the development of the SME sector The Pan-African banking group, the Ecobank Group (www.Ecobank.com), is the African Banker’s 2021 African SME Bank of the Year. Ecobank beat a host of other banks in the African Banker Awards 2021
Digital payments pose the most significant opportunity to bringing fundamental transformation for African economies at large Cellulant (www.Cellulant.io), a leading Pan-African payments company, unveils its new brand identity and affirms its commitment to partner with global, regional and local businesses to accelerate Payments’ digitisation across Africa. Over the last couple of years, Cellulant has evolved
At ATMIA’s 22nd Annual US Conference in Las Vegas this week, the association presented a variety of industry awards for exceptional contributions to the ATM industry throughout 2020 and beyond. The US Conference’s theme of NextGen ATMs – A New Path to a Transformative Future focused on the industry’s Next-Gen ATMs initiative and a world of exciting new capabilities in
