With the easing of lockdown restrictions, Absa has witnessed a 231% increase in contactless card volumes (tap to pay) across debit and credit cards this year. With Black Friday once again falling over the pandemic period, consumer and retailer behaviour has been significantly altered, signaling a shift in how people transact as one of South Africa’s
Standard Bank customers in eight African countries to enjoy enhanced digital payments experience in partnership with Flutterwave Standard Bank, Africa’s largest bank by assets, has partnered with Flutterwave, Africa’s leading payments technology company, to enhance digital payments experiences for its customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. Flutterwave and Standard Bank
By Paul Kent, CEO at Adumo The early stages of the pandemic were marked by a sudden shift away from cash purchases as consumers sought to limit their exposure to items that were seen as unclean. Industry figures indicate that 89% of South African consumers have used contactless payments to purchase groceries since the start
BancABC is the first bank to launch Mastercard and Zimswitch co-branded cards The collaboration will see BancABC introduce several card innovations including a Home and Away card that links to both a local currency and foreign currency account Cards can be used for contactless payments, as well as for e-commerce, thereby minimising contact BancABC Zimbabwe announced
Download now for deals starting from R1 Vodacom Financial and Digital Services is pleased to announce that the much anticipated VodaPay super app is now live and can be accessed in the Google and Apple app stores. Available to customers on any mobile network, VodaPay launches with significant partners and discounts including exclusive R1 deals
The credit card sector was hit hard by COVID-19 lockdowns and the economic downturn, but increased spending on debit cards as consumers shunned cash drove overall growth in card expenditure Concerns about COVID-19 saw consumers turn to contactless New research shows that, despite a decline in the amount spent on credit card purchases last year
Mondia is proud to bring its digital technology, infrastructure and payment services to the VodaPay Super App Mondia Digital, a consolidation of the Mondia Group’s digital content distribution business, an end-to-end, product-centric and data-driven company with a focus on opportunities in the B2B segment, and its digital payments company, Mondia Pay, are proud to have
Brands can now deliver immediate value to consumers through chat Clickatell, a leader in mobile communications and chat commerce, has announced it will unveil new payment capabilities via its Chat Commerce Platform at Money 20/20 Las Vegas, Oct. 24-27. Clickatell helps businesses easily deploy payments in chat channels with low to no execution risk associated
Research identifies KongaPay as Nigeria’s leading e-wallet platform KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, has been identified as the leading provider of digital payment services for e-commerce transactions in Nigeria. The rating came from Statista, a globally renowned market and consumer data firm. The development justifies the huge popularity and impressive dominance
FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payments processor has partnered with Equicom Savings Bank (EqB) – one of the leading banks in the Philippines to address online fraud and to boost e-commerce growth. Under this partnership, FSS will provide its Secure3D, an intelligent payment authentication solution,
