Digital Wallets Eclipse Cash Globally at Point of Sale for First Time During Pandemic, FIS Study Finds

Posted on by Staff Writer | 3799 Views | 15 min read

Digital Wallets Reach Maturity: Contactless payments made using a digital wallet at the point of sale globally are growing faster than those made with physical cards. COVID’s Toll on Cash: Cash payments dropped below mobile wallet payments for in-store payments for the first time. eCommerce Expands Exponentially: The Global eCommerce market grew 19 percent to $4.6 trillion and

Zapper | High-value Vs Low-value Payments – Making Checkouts Count

Posted on by Staff Writer | 4241 Views | 17 min read

Getting customer insight and loyalty from each and every transaction The pandemic has shocked local businesses into action when it comes to transitioning from offline to online. While many have managed to digitise aspects of their business, brick-and-mortar companies are yet to fully realise the customer insight and retention benefits of ecommerce transactions. “So many

Malawi’s NBS Bank Launches Ecommerce Platform and Online Payment Gateway with Network International

Posted on by Staff Writer | 10001 Views | 11 min read

Enables bank to expand its offering to power digital payment acceptance among SMEs, large corporations, public institutions and individuals NBS Bank, a leading commercial bank in Malawi, launches its state of the art e-commerce platform, powered by Network International (www.Network.ae), the leading enabler of digital commerce across Africa and the Middle East. The implementation of

WIZZIT Digital Launches SoftPOS with PIN Mobile Payment Solution

Posted on by Staff Writer | 4173 Views | 16 min read

Software only solution enables smartphones to be used for PIN protected contactless transactions for any amount with no additional hardware required WIZZIT Digital has launched its Tap2Pay SoftPOS with PIN solution and is due to go live with an initial launch customer – one of the largest Pan-African commercial banks – during February 2021. The launch followed the certification

Chat Commerce in Africa has Leapfrogged Other Regions

Posted on by Staff Writer | 4418 Views | 17 min read

Speaking at an event hosted at AfricaCom in Cape Town this week, Clickatell co-founder and CEO, Pieter de Villiers shared his insight into chat commerce and chat banking and how they will forever change the way business is done on the continent. Chat commerce and chat banking have revolutionised the way companies are serving their

Zazu to Launch Mastercard Prepaid Cards Linked to its Mobile Wallet – a First in Zambia

Posted on by Staff Writer | 4912 Views | 11 min read

Zazu and Mastercard partnership to drive digital payment adoption and reduce cash through globally accepted prepaid and virtual cards In a market first, Zazu Africa Limited (Zazu) announced a partnership with Mastercard to issue prepaid cards linked to the Zazu app in a move that will help to reduce cash dependence and increase financial inclusion

I&M Bank, UnionPay & iVeri Partner to Increase UnionPay Card Online Payment Acceptance in East Africa

Posted on by Staff Writer | 7870 Views | 7 min read

UnionPay International and East African financial services firm I&M Bank have announced on 31st of October, the partnership, that provide online access to UnionPay cardholders across Kenya, Tanzania and Rwanda. This new service has been facilitated by iVeri Payment Technologies direct integration to UnionPay Online Payment (UPOP). iVeri will also now make this integration available

Diebold Nixdorf Achieves Highest Satisfaction Levels With Global Banking Customers

Posted on by Staff Writer | 3370 Views | 6 min read

Diebold Nixdorf  has announced that customer satisfaction results among its global banking clients grew substantially, surging by 100 percentage points over the past year. As measured by Diebold Nixdorf’s most recent annual customer survey, the company saw its net promoter score (NPS) results improve dramatically with customers across its banking industry segments. Highlights of the

Shop on Amazon, Pay in Cash

Posted on by Staff Writer | 3557 Views | 14 min read

Amazon is making it even easier for customers to pay with cash. Amazon PayCode, already available in 19 countries around the world, launches today in the U.S. and allows customers to choose Amazon PayCode at checkout and then pay for their purchase in cash at one of 15,000 Western Union locations. Items ship once customers

Nets and KPMG Partner to Launch AI-Powered Payment Fraud Prevention Solution

Posted on by Staff Writer | 3653 Views | 13 min read

Nets Fraud Ensemble uses machine learning to reduce fraudulent transactions by up to 40% Nets, a leader in the European payments industry, has collaborated with multinational professional services provider, KPMG, to develop Nets Fraud Ensemble, a next-generation fraud monitoring and prevention solution. As the total annual value of fraudulent transactions across Europe hits €1.8 billion,