Domestic Payment Card Schemes Have Strong Presence in Fast Growing Middle East and Africa Region

MEA is the least developed and fastest growing payment cards region worldwide MEA is the fastest growing payment cards region worldwide, with the number of cards increasing by 18% to 540 million in 2014, according to the latest figures from RBR. The region also has the world’s lowest level of card holding relative to adult

PayU EMEA’s New CEO Excited by Local Opportunities – A Q&A with Mario Shiliashki

What are your immediate goals in your new position? One of the reasons I joined PayU is that there’s a massive opportunity in front of us; for PayU, in the payments space and beyond, as well as in Fintech and in financial services in general – for merchants and consumers. At PayU we are multinational,

AccessBank Tanzania Upbeat About Future Despite Challenges

QUESTION: What are the reasons behind the loss? Answer: AccessBank Tanzania has been profitable between 2012 and 2014. In order to prepare the bank for the future way of banking, for instance to become more digitally available for the sake of better services to customers, the management together with the Board of Directors decided to

MasterCard and Banco Sol Partnership to Drive Innovation in Angola’s Payment Sector

MasterCard and Banco Sol have partnered to introduce a dynamic suite of payment solutions to the citizens of Angola, which will help modernize and diversify one of Africa’s fastest growing economies. The partnership will help develop a more robust payments industry and offer the country core solutions which will help drive financial inclusion and increased

Capitec Proves it is a Serious Contender By Outperforming Competitors in Customer Satisfaction

Adrè Schreuder, CEO of Consulta and founder of SAcsi, says that a three year trend indicates that Capitec has shown the greatest improvement in overall customer satisfaction, whereas Absa showed a turnaround last year although not being able to sustain the improvement in 2015. Standard Bank have shown marginal decline for the last two years.