2021 B2B Digital Commerce Survey Finds Online Channel to Be Major Growth Driver

Despite the pandemic, B2B companies around the world reported increasingly positive trends for the year 2Checkout (now Verifone), the leading all-in-one monetization platform for global businesses, has released The State of B2B Digital Commerce survey findings. 2Checkout conducted a global study with over 1,000 companies to understand the main priorities and challenges related to B2B digital

ACI Worldwide Announces 2021 Innovation Award Winners, Recognizing Global Digital Payments Innovation

National ITMX, Oklahoma Wesleyan University, Plexus Worldwide and Volkswagen Payments Receive Top Honors ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, today announced the winners of the 2021 ACI Innovation Awards. The awards recognize leading banks, financial intermediaries, merchants and billers around the world for their innovative use of ACI’s digital payments

EMVCo Publishes EMV® 3-D Secure UI/UX Guidelines

New interactive online resource to help card issuers, merchants and solution providers optimise the EMV® 3DS payment authentication experience for e-commerce consumers. Global technical body EMVCo has published EMV® 3-D Secure (EMV 3DS) UI/UX Design Guidelines to help card issuers, banks, merchants and solution providers optimise the EMV 3DS payment authentication experience for e-commerce consumers. The guidelines are publicly

TNM Mpamba and Mastercard Partner to Transform Malawi’s Payment Landscape

TNM Mpamba is the first mobile money provider in Malawi to launch a Mastercard virtual payment solution powered by National Bank, enabling its mobile money customers to make safe and seamless international e-commerce payments on the Mastercard network. In a country-first for Malawi, mobile money service provider TNM Mpamba has launched a Mastercard virtual payment

Mastercard Partners with Zamtel to Transform Payments in Zambia

Partnership with Mastercard will connect millions of Zamtel Mobile Money customers to a global online marketplace, enabling them to use mobile money to make safe online and in-person payments on the Mastercard network Mastercard’s’ technology will deliver a seamless digital experience and drive greater adoption and usage of digital payments for Zamtel Mobile Money customers

Kenya Among Top Drivers of eCommerce Volumes in Sub-Saharan Africa – Visa

A recent report by Visa, the world leader in digital payments, has shown that Kenya is among the top market contributors to eCommerce in Sub-Saharan Africa (SSA) over the last 3 years. Visa’s white paper, titled eCommerce developments across Sub Saharan Africa (SSA), confirmed that, the Kenyan eCommerce scene has showcased growth, as the market’s

3D Secure 2.0 Upgrades the Customer Experience for eCommerce Merchants and Customers

Developed more than ten years ago, 3D Secure 1 was welcomed, but not exactly user-friendly, widely adopted and recognised when a pop-up window appeared with ‘Verified by Visa’ (later rebranded as Visa Secure), ‘SecureCode’ from Mastercard of Safekey from Amex. The system was somewhat convoluted, complex and was often plagued by compatibility issues. A protocol

Telkom Launches Africa’s First Virtual Card for Transacting on WhatsApp

Ukheshe, Mastercard, Nedbank and Telkom collaborate to grow access to the digital economy with virtual product that enables secure e-commerce payments on phone Telkom has launched Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even

Fintech Grows SA Online Shoppers 4000% in One Year

Fintech startup and buy now pay later (BNPL) provider Payflex says that the part-payment platform grew from a shopper base of 2 000 to 85 000 in 12 months and its customer base soared from 70 merchants in 2019 to over 750 active stores this year. In addition, online merchants in SA which offer a buy

Mastercard New Payments Index: Consumer Appetite in Middle East and North Africa for Digital Payments Takes Off

95% of consumers in Middle East and North Africa (MENA) are considering emerging payments such as wearables, biometrics, digital wallets and currencies, and QR code, in addition to Contactless, according to the Mastercard New Payments Index 88% of MENA consumers have access to more ways to pay compared to this time last year 3 out