Mastercard, Bank of Kigali and RwandaOnline Help Rwanda Leapfrog into the Digital Economy

Bank of Kigali and RwandaOnline announced at the technology company’s Innovation Forum in Budapest, Hungary a partnership to launch Irembo– an online payment solution in Rwanda powered by Mastercard Payment Gateway Services. Aimed at fast-tracking payments in the country, this new solution will make online payments safer, simpler and smarter. As outlined by Mastercard at

“Give us more digital services” say South African Consumers

  The Mastercard Impact of Innovation study surveyed 23,000 consumers in 23 different countries across Europe, Africa and the Middle East about their attitudes to digital technology. In South Africa, the study gathered data from over 1,000 internet users with bank accounts between the ages of 20 and 50. It found that while in South

Transfast Partners with Uber and Pulls Another First for Remittances

Transfast launched a partnership with Uber, offering a free Uber ride to the sender and recipient of funds transfers to Nigeria. The partnership marks the first time Uber has teamed up with a funds transfer company to connect global funds transfer and Uber ridership, according to Uber. Transfast will offer customers and their recipients in

Why Fintech has Created a Golden Moment of Opportunity for Savvy Banks

Entersekt. Despite the wave of negative sentiment towards the financial sector and banks in particular since 2007, consumers have continued to trust that their money is in safe hands. For decision makers within the banking sector, now is undoubtedly a critical moment to harness this trust and build on it. As it stands, banks are

HomeSend, Mastercard Aim to Transform the $3bn Remittance Industry in Ethiopia

HomeSend and the Commercial Bank of Ethiopia (CBE) announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country. Launched in 2014, HomeSend is a joint venture of Mastercard, eServGlobal and BICS that enables business

Online Shopping Made Simple, Easy, and More Secure with Visa

Aramex Global Shopper, Discovery, Emirates Airline, TicketPro, WebTickets and YuppieChef. Shoppers can now enjoy this digital checkout service that allows them to pay with their cards online and on any device that’s connected to the Internet, with just a few clicks. [video width="854" height="480" mp4="https://paymentsafrika.com/wp-content/uploads/2016/09/Visa-Script-01_Online.mp4" autoplay="true" preload="auto"][/video] Enrolling in Visa Checkout is a simple, one-time