ACI Equips Developers with Open API Technology to Drive Faster Global eCommerce Growth

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced that its UP eCommerce Payments solution provides a fast and flexible way for local card acquirers and alternative payment methods to integrate with ACI’s extensive global network of payment endpoints. New self-integration capabilities, established with developers in mind, give card

Wirecard Expands Partnership With SAP to Launch Wirecard Extension for SAP Commerce

Wirecard, the global innovation leader in the field of digital financial technology, is expanding its long-standing partnership with SAP, the global market leader in the segment of enterprise application software, to launch Wirecard Extension for SAP Commerce. SAP Customer Experience (former SAP Hybris) is a global provider of enterprise multichannel e-commerce and product content management

Cloud and Partnerships Key to Survival for Finservs

Cloud and partnerships key to survival for finservs While financial services institutions have been able to collect huge volumes of data on customers and their behaviours, they need to turn to new technologies and strategic partnerships to improve internal processes and customer experiences, in order to successfully monetise this information, according to Ron Raffensperger, CTO

PayPal Significantly Enhances Global Payout Capabilities

PayPal Holdings, Inc. has announced that it has agreed to acquire Hyperwallet, a leading global payout platform, for $400 million in cash, subject to certain adjustments. The acquisition of Hyperwallet enhances PayPal’s payout capabilities, improving the company’s ability to provide an integrated suite of payment solutions to ecommerce platforms and marketplaces around the world. According

African Businesses Should Embrace Cross-border E-commerce, says DHL

Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering. According to a 2017 DHL report, cross-border retail volumes are predicted to increase at an annual average rate of 25% between 2015 and 2020 (from USD 300 Billion to USD 900 Billion) – twice the pace of

PayPal Suggests South Africans Prefer Digital Wallets

PayPal released data about mobile phone usage and mobile eCommerce at the Seamless Africa Conference in Cape Town earlier this week. Online shopping is on the rise in South Africa. South Africans spent R37.1 billion shopping online in 2016, an increase of nearly 30% from the previous year. These numbers are expected to continue to

eCommerce Automation and Personalisation set to Shake Things up in SA

As part of the Lagos State Government’s strategic vision to embrace a digital future through the adoption of innovative technology and processes across all spheres of governance and public-sector service delivery, the Executive Governor of Lagos State Mr. Akinwunmi Ambode announced on Monday, February 19 that effective from the 1st of March 2018, the State

UnionPay Cross-border B2B Payment Service Platform facilitates exports of SMEs in Yiwu

UnionPay International has announced that the official website of Yiwu Market ( www.yiwugou.com ) now connects to UnionPay Cross-border B2B Payment Service Platform. Purchasers outside mainland China are able to pay safely and conveniently with UnionPay cards issued overseas to buy goods at www.yiwugou.com. This cooperation between UnionPay International and the website will facilitate the

Holiday e-Commerce Spending Sees Record Year

As the primary e-Commerce shopping period comes to a close due to shipping deadlines, Mastercard SpendingPulse reports that online shopping will play a bigger role in what’s under the tree than ever before. A new report finds that in 2017 e-Commerce saw the largest share of holiday sales ever (tracking at more than 11 percent)

Holiday e-Commerce Spending Sees Record Year

As the primary e-Commerce shopping period comes to a close due to shipping deadlines, Mastercard SpendingPulse reports that online shopping will play a bigger role in what’s under the tree than ever before. A new report finds that in 2017 e-Commerce saw the largest share of holiday sales ever (tracking at more than 11 percent)