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Mauritius

ABC Banking Corporation and UnionPay International Unveil ABC Banking QR Pay

In line with its long-term digital strategy, ABC Banking Corporation, the flagship banking arm of ABC Group, has officially launched the ABC Banking QR Pay on Wednesday 05th December 2018 Read More →

PayPal Launches Seller Protection in Some Sub-Saharan Africa Countries

PayPal has announced the launch of its Seller Protection Programme in some Sub-Saharan Africa countries, in an effort to empower local businesses to trade online, both locally and globally with Read More →

UnionPay International & SBM to Revolutionize Payment Acceptance With mPOS Solution “MOOV”

In association with UPI (UnionPay International), SBM is the first local bank introducing an innovative payment platform-mPOS (mobile point of sales) in Mauritius. The mPOS technology “MOOV”, powered by SBM Read More →

UnionPay International Cooperates with “SBM” in Mauritius to Expand the Acceptance Scope of UnionPay Cards

UnionPay International and SBM jointly declared that all merchants and ATMs of the latter have been opened to accept UnionPay cards (card number starting with 62). So far, the coverage Read More →

Bank of Maritius Warns of Fake Bank Cheques

The Bank of Mauritius has released a statement saying that it has come to their knowledge that fake bank cheques, purportedly emanating from banks, are currently in circulation in the Read More →

The Governor of the Bank of Mauritius Releases Report on Unfair Terms and Conditions in Banking Contracts

The Bank of Mauritius has announced that it proposed to investigate into the terms and conditions of banking contracts, including fees and charges. The objective of this exercise was to Read More →

The Bank of Mauritius Grants a New Banking Licence to Habib Bank Ltd to Conduct Islamic Banking

The Bank of Mauritius is pleased to announce that it has granted a new banking licence to Habib Bank Limited (HBL) to conduct Islamic banking business through a window operation, Read More →

The Bank of Mauritius Licenses Two New Banks

The Bank of Mauritius (the Bank) is pleased to announce that it has, granted Banking Licences to two new banks – Warwyck Private Bank Ltd and Banque Richemount Limited – Read More →

AfrAsia Bank Launches Rewards Program

AfrAsia Bank has introduced a rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders. In collaboration with Infinia Read More →

The Bank of Mauritius Cautions Against Skimmed/Cloned Cards

It has come to the knowledge of the Bank of Mauritius that skimmed/cloned cards are in circulation and fraudsters are trying to use them on banks’ ATMs. Card skimming is Read More →

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