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Orient Bank Partners with UnionPay International for Card Acquiring Business

Orient Bank Uganda Limited and UnionPay International have announced recently that UnionPay Cards are now accepted at all ATMs and POS terminals of Orient Bank in Uganda. Orient Bank is Read More →

MTN Rwanda Opens Mobile Money Remittance Corridor to Tanzania

Users of MTN Rwanda will now be able to send money to Tanzania via Mobile Money as the telco has opened the mobile-to-mobile remittance service between Rwanda and Tanzania. MTN Mobile Read More →

Digitizing Uganda’s Education Sector with Mobile Payment Platform

A new payment platform launched by Mastercard, UNICEF and the Ministry of Education in Uganda is gaining traction, reaching over 130,000 registered students in just one year. The mobile app Read More →

UnionPay Cards to be Issued by Post Bank Uganda

UnionPay International (UPI) and Post Bank Uganda (PBU) have entered into a cooperation agreement. As a result of the partnership, EMV-compliant UnionPay debit cards will be issued in the Uganda Read More →

Mastercard and M-KOPA Unveil Payment Technology to Extend pay-as-you-go Solar Program in Africa

Mastercard and M-KOPA have entered into a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses. M-KOPA, which already provides affordable, safe Read More →

Barclays Africa Group and Frontclear Partner to Develop Africa’s Interbank Markets

Barclays Africa Group Limited (BAGL) has signed a 2-year agreement to provide financial support to the Frontclear Technical Assistance Programme (FTAP) through the latter’s Partnership Facility. The contribution reflects the Read More →

Mastercard and FSD Uganda Partner to Develop Financial Services

Over half of Uganda’s adults are forced to keep their savings at home because of a lack of access to formal financial services. Not only is this not safe, but Read More →

TerraPay to Launch Cross-Border Money Transfers in South Africa

TerraPay, the world’s first mobile payments switch, announced today that it has successfully obtained regulatory approval from South African Reserve Bank to launch Cross-border money transfer services in South Africa. Read More →

SWIFT’s Messaging Traffic Grows by 20.1% in East Africa

Data from SWIFT shows that FIN traffic growth in East Africa has outperformed the total growth of SWIFT globally. In the year to date, total message traffic volumes grew by Read More →

Direct Pay Online Gains Security Certification in 12 Countries Across Africa

Direct Pay Online Group (DPO) is the first payment service provider (PSP) in Africa to receive the Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification in 12 Read More →

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