Cross Switch and Pesawise Partner to Launch Scalable Payment Solutions in Kenya

Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment

BPC releases a practical guide to help banks with ISO 20022 migration challenges

BPC

BPC, a global leader in payment solutions, today launched its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards. With the deadline for mandatory global

Mobile Point of Sale ‘Unleashes the Era of Modern Retail Experience’

Mobile

Mobile data shows consumers’ demand and responds well to an elevated retail experience. While the economic landscape has been anything but stable, with international trade tensions and the national budget fallout spooking the market before rebounding when the VAT increase was later withdrawn, the retail sector is showing remarkable resilience, says Ecentric Payment Systems’ Rory

Powering the Future of Payments While Managing Digital Risk

Digital Risk

Digital risk is key in the future of payments, says BankservAfrica’s CRO—lasting impact lies in trust, transparency, and inclusion. Digital transformation is reshaping the South African payments landscape, driving greater transparency, regulatory compliance, and inclusive innovation. But beyond the technology, it’s also redefining how the financial ecosystem anticipates, manages, and mitigates risk. Digitisation doesn’t solely

Happy Pay Collabs with Peach Payments for Zero-deposit BNPL solutions

Happy Pay

Happy Pay, a Buy Now, Pay Later (BNPL) platform, has announced a new collaboration with Peach Payments, an African online payment gateway. This partnership allows Peach Payments’ merchants to offer customers a seamless, flexible payment experience by integrating Happy Pay’s interest-free instalment options at checkout. As a zero-deposit BNPL provider integrated with Peach Payments, Happy

Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure

Stitch, a South Africa-based payments infrastructure company, raised $55 million in a Series B funding round to expand its offerings for enterprise merchants. Stitch said in a press release emailed to PYMNTS that the company will use the new funding to deepen its in-person payments offering, bolster its online payments suite, and enter the acquiring

PalmPay Launches New Debit Card in Nigeria with Verve

PalmPay

PalmPay, a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. Launching its debit card represents a key milestone in PalmPay’s evolution – from a mobile wallet known for its fee-free transfers and cashback rewards into a

Velmie Powers Sierra Leone’s First Digital Banking Super App

Velmie

Velmie, a leader in banking technology infrastructure, has successfully delivered the core platform behind Vult, Sierra Leone’s first digital financial super app. The launch marks a significant milestone in Velmie‘s strategic mission to accelerate digital transformation for African financial institutions. Deployed in partnership with Metro Cable, the country’s foremost fibre broadband provider, Vult is already

Cross Switch Solidifies Market Position with New Payment Licence in South Africa

This article was originally published here. Cross Switch, a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence. The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch’s position in the

TCB Joins Stanbic, Enters Ramani’s Marketplace for SMBs

TCB

TCB has partnered strategically with Ramani, a leading African Y Combinator-backed supply chain financing platform, to enhance financial access for small and medium-sized businesses (SMBs). Tanzania Commercial Bank joins Ramani’s Financial Marketplace as its second capital partner to provide scalable supply chain financing to micro-distribution centres (MDCs) of leading Fast-Moving Consumer Goods brands such as