EthSwitch, Oromia Bank and Mastercard Partner to Modernize Ethiopia’s Payments Ecosystem Through Acceptance of Mastercard Payment Cards at ATMs

Posted on by Staff Reporter | 40955 Views | 12 min read

Mastercard payment cards now accepted at Oromia Bank’s ATMs across the country EthSwitch, Ethiopia’s national payment switch, Oromia Bank and Mastercard today announced a landmark partnership that sees all the bank’s Automated Teller Machines (ATMs) in the country accept Mastercard debit, credit, and prepaid cards. From today, tourists, and local citizens carrying Mastercard payment cards

Hibret Bank and Mastercard Partner to Give Small Businesses A Boost through E-Commerce Payment Solution

Posted on by Staff Reporter | 57866 Views | 10 min read

Powered by Mastercard Payment Gateway Services (MPGS), Hibir e-commerce will enable businesses in Ethiopia to sell their products and reach new international customers online Hibret Bank pioneered in launching Hibir e-commerce, a digital payments platform that allows Ethiopian businesses and retailers to accept international card payments for online purchases. Hibir e-commerce is first-of- its kind

Bank One Unveils its New Range of Premium Mastercards, Giving Customers Access to Priceless Travel and Lifestyle Benefits

Posted on by Staff Reporter | 40749 Views | 12 min read

Bank One announced today its partnership with Mastercard to roll out its whole new range of world-class debit and credit cards. The bank officially unveiled the new cards menu during a cocktail organized at Domaine de Labourdonnais in Mapou, on Friday 4 November 2022, in the presence of its customers, collaborators and the Mastercard team.

Fintech Emerging as Africa’s Most Vibrant Sector, Finds Mastercard Study

Posted on by Staff Reporter | 27794 Views | 18 min read

White paper finds that fintech companies have tied up with banks, mobile network operators (MNOs), and other stakeholders to develop wide-ranging solutions for consumers, micro and small merchants Study further found that regulators across multiple African countries have adopted a collaborative approach to enable the introduction of new solutions by fintech companies Fintech startups in

Equity Links PayPal Withdrawals to Equity Mobile App and Equity Online Enhancing Customer Experience

Posted on by Staff Reporter | 21175 Views | 10 min read

PayPal withdrawal service is now available on Equity Mobile App and Equity Online Customers to enjoy seamless PayPal account linking and withdrawal service alongside other numerous bank services on Equity Mobile App and Equity Online Equity Bank is currently the only Kenyan bank offering 24 hours PayPal withdrawal into a bank account Equity Bank has

Mastercard and Cellulant Partner to Empower Millions of Consumers Across Africa to Join the Global Digital Commerce Market

Posted on by Staff Reporter | 38664 Views | 15 min read

Partnership will enable customers to pay globally with a Mastercard virtual payment solution linked to the Cellulant wallet, Tingg Mastercard’s technology will enable consumers to shop online with or without a bank account, through a simple and secure payment experience  Mastercard and Cellulant have partnered to allow millions of Cellulant customers across Africa to shop

African Markets Build Resilience in a Challenging Environment

Posted on by Staff Reporter | 52128 Views | 15 min read

Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, OMFIF’s 2022 Absa Africa Financial Markets Index reveals. Even as challenging market conditions weighed on performance in the index, 19

Payhippo Acquires Nigeria’s Maritime Microfinance Bank to Expand its Customer Offerings

Posted on by Staff Reporter | 19483 Views | 14 min read

With direct access to Nigeria’s Inter-bank Settlement System, this acquisition will enable Payhippo to launch an array of products and services for its customers  Payhippo, Nigeria’s credit-led SME fintech, has acquired Maritime Microfinance Bank (MFB), a financial institution specializing in saving products, demand deposits, and investments as well as micro and SME loans. The acquisition

Cellulant and Solv Kenya Partner in Payments Deal to Serve Tens of Thousands of Micro, Small Medium Enterprises (MSME)

Posted on by Staff Reporter | 10346 Views | 14 min read

This partnership will enable MSMEs using the Solv Kenya platform to reconcile, receive, and view all their payments on the go under one roof  Leading Pan-African payments provider Cellulant (https://www.Cellulant.io/) and MSMEs-focused B2B digital platform Solv Kenya have signed a financial services partnership that will enable Solv Kenya’s expanding MSME partners to access digital payment and

Alternative Payments Giant Cellulant Achieves Data Sovereignty Using Pure Infrastructure’s VMware Cloud

Posted on by Staff Reporter | 14288 Views | 14 min read

To deliver a Pan-African services, companies must meet each country’s regulations relating to data residency, compliance, and data sovereignty  Cellulant (https://www.Cellulant.io), a Pan African financial technology company that provides locally relevant and alternative payment methods for global, regional and local merchants, has created a contiguous cloud experience that enables it to meet data and cloud