TWIGA Bancorp Limited (TBCL) and Tanzania Revenue Authority have launched a new service to help customers to pay taxes through a network of Tanzania Customs Integrated Systems (TANCIS). The Chairman of Board of Directors of TBCL, Prof Amon Mbelle, said in Dar es Salaam that the partnership was aimed at improving services to customers wherever
Leading online payments solution providers 3G Direct Pay and Payoneer have signed a new partnership agreement to provide lower-cost, more secure and easier means of making regional and global payments for the hospitality industry in Africa. This new partnership provides an end-to-end solution that allows hotels, airlines, and travel agents, among other players in the
In light of the Communications Authority of Kenya’s decision to give tentative approval to the roll out of the SIM overlay technology in the Kenyan mobile telecommunications market, Safaricom Limited states the following: We thank the Central Bank of Kenya and the CA for the preliminary inquiry into the integrity of the SIM overlay technology,
Visa, the global leader in payments, is launching a 6 month, countrywide campaign dubbed the Visa Chip and Pin campaign to raise awareness amongst cardholders on benefits of EMV chip cards in Kenya as they are safer from counterfeit and fraud activities. “The little chip that sits on the left side of your Visa card
The Authority has allowed Finserve Africa Limited, a subsidiary of Equity Bank to roll-out its services using the thin SIM technology, for a one year trial period. This follows contention by Mobile Service Provider, Safaricom over the use of the technology in the Kenyan market, citing possible security flaws. Addressing the press, CA Chairman Ngene
Vodacom Tanzania launched a new M-PESA service “LIPA KWA M-PESA – an integrated payment system for the business community that allows merchants, retailers and distributors, in a far more secure way, to settle payments by using M-PESA. The new service will improve business and customer convenience by expanding the payment ecosystem from customers paying their
The latest version of the FNB Banking App for smartphones now offers customers the ability to send money across the border from South Africa to Zimbabwe and Mozambique. Since its launch three years ago, the banking App has seen rapid uptake in users and transactions, making the introduction of the cross-border money transfer service on
Interswitch Transnational Holding, the leading pan-African integrated payments company, announces it has reached a partnership agreement with the Paynet Group, East Africa’s leading multi-institutional payments provider, to combine its businesses. Interswitch will acquire a majority shareholding in Paynet Group and unrivalled existing shareholders will become shareholders of the Interswitch Group. Bernard Matthewman, current CEO of Paynet,
The mass market in Somalia will now be able to access various banking products virtually through their mobile phone after Kenya’s Rapid communications recently acquired 16% shareholding in Nationlink telecom, a GSM operator, along with the license for banking services. The company currently manages the content management system (CMS) platform for Nationlink telecom and with
Bharti Airtel has unveiled an Airtel Money Premier VISA card that will enhance Premier customers experience and convenience on the company’s mobile money and banking services and ensure that they get added value. With this new card, Airtel money Premier customers will be able to shop and pay for goods and services using Airtel Money
