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Mastercard SpendingPulse: South African Consumer Spending Shows Moderate Uptick

Consumers are ringing in the holiday season with a solid start to retail sales, according to Mastercard SpendingPulse, which looks at overall retail spending trends across all payment types. October – Read More →

Interoperability: The Next Phase of Mobile Money

This is the last of a three-part series on the importance of interoperability in the payments space. In the first article we looked at the early history of electronic payments Read More →

Janngo Launches Jexport to Accelerate Access to Regional & International Market for African SMEs

In a bid to address their challenges in a more systematic and holistic way, Janngo closes a strategic partnership with Agence Côte d’Ivoire PME to further improve access Read More →

Mastercard Meets with CBK Governor to Discuss Kenya’s Digital Payment Ecosystem

As part of his visit to Kenya, Tim Murphy, General Counsel at Mastercard met with Patrick Ngugi Njoroge, Governor of the Central Bank of Kenya to discuss their shared commitment Read More →

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 →

Black Friday Card Sales Reach 4.8 Million Mark – BankservAfrica

Debit and credit card transactions reached 4.8 million during this year’s Black Friday. This represents a 4% year-on-year growth on 2017’s 4.7 million, according to BankservAfrica, Africa’s largest automated payments Read More →

SARB Releases Invitation to Comment on the National Payment System Act Review Policy Paper

National Treasury and the South African Reserve Bank (SARB) today published a policy paper titled ‘Review of the National Payment System Act 78 of 1998’ for public comment. A national Read More →

SWIFT gpi – Unlocking The Future of Correspondent Banking

The payments industry faces immense pressure on multiple fronts. Waves of technological advances, regulatory scrutiny, and changes in consumer and client behaviours and expectations, are having a significant impact on Read More →

Mastercard and Housing Finance Bank Partner to Help Build Uganda’s Digital Payments Ecosystem

Mastercard, in partnership with Housing Finance Bank, has launched Mastercard Debit and Prepaid Card options to the bank’s customers. These payment solutions will deliver a quick, convenient and secure alternative Read More →

FNB Unveils ‘Tap and PIN’ at ATM to Grow its Contactless Ecosystem

FNB is growing its contactless ecosystem by becoming the first bank in South Africa to offer consumers the convenience and safety of ‘Tap and PIN’ on ATM transactions. The innovation allows Read More →

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