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South Africa

Mastercard and EasyPay Partner on Bill Payments

South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service Read More →

Mastercard and Nedbank Create Digital Payment Ecosystem for Businesses

Nedbank has partnered with Mastercard to launch Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs, and Nedbank POSplus™ as part of their efforts to open Read More →

FNB Receives 50 million US-dollars to Accelerate SME Development

First National Bank (FNB) has received 50 million US-dollars from the DEG - Deutsche Investitions- und Entwicklungsgesellschaft to deploy towards small and medium enterprise (SME) development in South Africa. DEG is Read More →

Ecobank Announce Winners of 2018 Fintech Challenge

Winners of the 2018 Ecobank Fintech Challenge were announced at a ceremony held at Ecobank’s headquarters in Lome, Togo on 30th August 2018. Nala, from Tanzania, beat the ten other finalists Read More →

Garmin Pay Contactless Payments are Now Available in SA

Garmin Southern Africa have announced that the Garmin Pay contactless payment feature is now live on a range of Pay-Enabled Garmin watches in South Africa. The feature is currently available to VISA-enabled Read More →

SASSA Ready for October Payments Without Cash Paymaster Services

The South African Social Security Agency (SASSA) is ready for the October payment cycle in which all social grant payments to beneficiaries will be made by itself in partnership with Read More →

Mastercard Joins Forces with Samsung Pay to Enable Mobile Payments in SA

In a move to further expand its efforts to displace cash, stimulate innovation and drive the growth of digital payments in South Africa, Mastercard is working with participating banks to Read More →

Absa Joins the Sovrin Foundation to Pave the Way Forward for Digital Identity Management in Africa

Absa Group has become the first African bank and only the second company on the continent to join the global Sovrin Foundation as a Founding Steward – a move that Read More →

Mastercard and Zapper Collaborate to Drive Digital Payments Interoperability

South Africans can now use Masterpass, a global digital payment service by Mastercard, to pay for goods and services at over 20,000 Zapper merchants in South Africa using their smartphones. Read More →

Contactless Payment Cards are as Secure as Traditional Cards

SABRIC (The South African Banking Risk Information Centre) would like to allay any fears that bank clients may have about contactless bank cards or “tap & go”, in the wake Read More →

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