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SWIFT Data Shows More Goods and Services Bought and Sold within Africa

A new white paper from SWIFT, mapping commercial payment flows against financial flows in Africa, reveals that that intra-Africa payments and clearing is increasing in importance. It also points Read More →

Mastercard and Nedbank Create Digital Payment Ecosystem for Businesses

Nedbank has partnered with Mastercard to launch Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs, and Nedbank POSplus™ as part of their efforts to open Read More →

FNB Receives 50 million US-dollars to Accelerate SME Development

First National Bank (FNB) has received 50 million US-dollars from the DEG - Deutsche Investitions- und Entwicklungsgesellschaft to deploy towards small and medium enterprise (SME) development in South Africa. DEG is Read More →

Ecobank Announce Winners of 2018 Fintech Challenge

Winners of the 2018 Ecobank Fintech Challenge were announced at a ceremony held at Ecobank’s headquarters in Lome, Togo on 30th August 2018. Nala, from Tanzania, beat the ten other finalists Read More →

Mastercard Partner With Vodacom to Take Tanzania Cashless

Mastercard has partnered with market leader Vodacom and BancABC to introduce the first online card in Tanzania – the M-Pesa virtual card. “Vodacom’s M-Pesa is already an industry trailblazer with over Read More →

Garmin Pay Contactless Payments are Now Available in SA

Garmin Southern Africa have announced that the Garmin Pay contactless payment feature is now live on a range of Pay-Enabled Garmin watches in South Africa. The feature is currently available to VISA-enabled Read More →

SASSA Ready for October Payments Without Cash Paymaster Services

The South African Social Security Agency (SASSA) is ready for the October payment cycle in which all social grant payments to beneficiaries will be made by itself in partnership with Read More →

Mastercard Joins Forces with Samsung Pay to Enable Mobile Payments in SA

In a move to further expand its efforts to displace cash, stimulate innovation and drive the growth of digital payments in South Africa, Mastercard is working with participating banks to Read More →

Mobile Banking Platform Sim Korpor Launched in Sierra Leone

Rokel Commercial Bank is bringing greater financial inclusion and convenience to participants in Sierra Leone’s economy by launching the mobile banking platform, Sim Korpor. Starting in Freetown, customers with an Read More →

EcoCash Launch Scan & Pay, Powered by Masterpass QR

EcoCash and Mastercard have announced the launch of EcoCash Scan & Pay, a simple, secure and instant mobile payments solution for consumers and merchants, as part of their efforts to Read More →

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