Absa and WeThinkCode_ Offer Alternative Path to Economic Participation

Rising youth unemployment in South Africa is a critical challenge that requires immediate action due to the far-reaching implications it has for the country’s economic growth, social stability and the wellbeing of future generations. The recently released Quarterly Labour Force Survey (QLFS) shows that South Africa’s unemployment rate for the first quarter of 2023 was

Adyen and Shopify Partner to Power New Payment Capabilities For Enterprise Merchants

As a preferred enterprise payments partner for Shopify, Adyen will provide large-scale customers the agility to succeed in the fast-moving ecommerce industry Adyen, the global financial technology platform of choice for leading businesses, announces a new global partnership with Shopify, a provider of essential internet infrastructure for commerce, to strengthen ecommerce capabilities, simplify the customer

Carrefour Partners With Visa to Provide Customers With Online Discounts

KES 400 discount for goods worth KES 3,000 and above when customers shop on the MAF Carrefour Mobile app and pay with locally issued Visa cards The campaign will run every Tuesday for three months starting June 2023 Carrefour, owned and operated by Majid Al Futtaim in Kenya, has announced its partnership with Visa, the

How Innovative Payment Solutions are Shaping South Africa’s Retail Sector – Ecentric

By Shaun Holley, Deputy CEO & Head of Innovation & Rory Bosman, Sales & Marketing Executive at Ecentric Payment Systems Today’s consumers have access to a myriad of convenient experiences through mobile apps and online platforms, and they expect a similar level of ease when interacting with businesses and specifically payment interactions. Indeed, consumer demand

False Declines Carry Big Risk For Banks, Consumers and Merchants – Entersekt

Friction at checkout remains a major challenge for businesses, many of which are doing everything they can to reduce cart abandonment and ensure a great customer experience. At the same time, banks face their own challenges as they are the last defence for both customer and merchant when it comes to fraud protection. However, when

How Can Postal Service Operators Offer Profitable Financial Services? – Traderoot Africa

Having recently attended the 10th Annual Southern African Postal Operators Association (SAPOA) Conference in Mauritius, Traderoot Africa CEO Louis Volschenk shares some insight into how national postal service operators in the region can utilise fintech to improve their services, offer new value-added service, and increase their revenues. In this blog post, Louis will explore how

Worldpay From FIS Opens New Growth Opportunities with United Arab Emirates Expansion

Key facts: Worldpay from FIS continues to drive global e-commerce with new domestic acquiring capability in the UAE. Expansion is part of business’ plans to expand its merchant acquiring presence in key markets. Continuing to build its footprint as a leading global acquirer, global financial technology leader FIS® has announced today its Worldpay merchant business

South Africa Moves Closer to Frictionless Payments with Rapid Checkouts – Entersekt

E-commerce shoppers have been promised a frictionless checkout for years, but new moves by the card schemes will take South African consumers a step closer. Soon, local merchants will be able to offer online shoppers a faster checkout experience giving them a seamless experience, much like the ones already available on Amazon and other global

RBR: Global E-Commerce Card Purchases Rocket to Record $8.1 Trillion

E-commerce card purchases continue to gain momentum as pandemic-driven habits remain popular and e-commerce card payments have become increasingly convenient, secure and widely available Online payments account for a fifth of payment card spending  RBR’s study, Global Payment Cards Data and Forecasts to 2027, reveals that $8.1 trillion was spent using payment cards in 2021,

API Standardisation Will Help Leapfrog Innovation Across All Sectors

The growth of application programming interfaces (APIs) continues unabated. However, as new regulations like PSD3 gather momentum, the call for API standardisation could be the next catalyst for an innovation leapfrog. And South African businesses who place designing for developers at the heart of their API projects are the ones most likely to reap the