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SA’s payCity Discontinues Prepaid Electricity Service

Last week, South Africa's payCity stopped accepting online credit card payments for its SMS prepaid electricity service for Cape Town customers. The suspension of services occurred without notice too many customers Read More →

Big Retailers are Doing eCommerce in South Africa

The news that Woolworths has just revamped their entire online store in the hopes of attracting more ecommerce customers shows a continuation of the recent trend in South Africa which Read More →

Xpertek Provides Credit, Online and Cellular Solutions in sub-Saharan Africa

Xpertek Group's loan finance solution, Acquire, is now being used in the consumer credit market, for online shopping, and in the cellular product space. Subsequent to the launch of the credit Read More →

Ten Million SASSA MasterCard Cards Issued to South African Social Grant Beneficiaries

MasterCard and the South African Social Security Agency (SASSA) announced that there are 10 million active SASSA Debit MasterCard cards in South Africa, following the introduction of the new biometric Read More →

Itron Enables Smart Gas Payment for South Africa’s EnviroFuel

Itron, Inc.  announced that it has delivered its smart payment solution for gas to EnviroFuel, a private gas utility, as a part of an initiative to provide alternative energy sources Read More →

Nedbank Group and the Bank of China Formalise Alliance

Nedbank Group and the Bank of China (’BoC’) have entered into a strategic business cooperation agreement to grow business flows between the People’s Republic of China (’China’) and Africa. The alliance Read More →

ATMIA Secures Survivor Extraordinaire Brett Archibald as Keynote Speaker for Cape Town Conference

The ATM Industry Association announced that survivor extraordinaire, Brett Archibald, who was rescued after over 28 hours lost at sea without a lifejacket, will be keynote speaker at the association’s Read More →

Xchanging Announces Financial Processing Services Agreement With Standard Bank

Xchanging, the business process, procurement and technology services provider, has announced it has won a new contract with Standard Bank. The contract will see Xchanging supplying financial processing services to Read More →

Transaction Capital announces sale of Paycorp to Actis for R937m

Transaction Capital today announced that it has entered into a definitive agreement to sell its wholly-owned subsidiary Paycorp to pan-emerging market private equity firm Actis. Paycorp, owned by Transaction Capital Read More →

Storm Set to Erupt Between SA e-Commerce Players, Banks

A major storm looks set to rock the South African online scene as some of the country’s largest e-commerce players square up against its biggest banking Read More →

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