The tourism industry is a popular target for credit card fraud, according to a leading payment services provider – but there are ways to manage the risk. “Accommodation establishments like hotels, guesthouses and B&Bs are especially vulnerable when it comes to last-minute bookings,” says PayGate head of business development Brendon Williamson. “Online booking services usually
PagBrasil, the premier online payment processing service in Brazil, launches its own innovative payment method. Boleto Flash has been designed for the growing Brazilian e-commerce market based on unique technology developed in-house by PagBrasil along with its partner banks. After shaking up the Brazilian payment market in 2014 with the launch of its Boleto Express, the
Squad Digital, Sub-Saharan Africa’s leading digital advertising firm, launched an innovation lab that is aimed at spurring technological growth through incubation and research in Tanzania. Dubbed Squad Labs, the lab will have dedicated research and development teams responsible for creating innovative products and is currently working with over 30 developers in Tanzania. “We want to
Leading pan-African banking group Ecobank Transnational Inc. (“Ecobank”) signed a landmark multi-country agreement with global payments technology company MasterCard to bring MasterCard’s payment solutions to more than 32 sub-Saharan African markets. It is a move that is expected to increase the acceptance and adoption of electronic payments in Africa. A culmination of the multi-country licensing
Faidika, a Financial Services firm has launched a new product dubbed ‘Executive Loan’ which aims at providing up to 30m/- unsecured credit to government employees. Faidika Chief Executive Officer, Ms Marion Moore, told a news conference in Dar es Salaam that the Executive Loan product was one of the products to be used to facilitate
Ericsson announced a partnership with VeriFone Mobile Money, the leading provider of mobile payment solutions for merchant point of sale (POS). VeriFone Mobile Money Retail Enablement software suite will be integrated with Ericsson Wallet Platform to expand payment options, including in emerging markets. The global partnership agreement will make it possible for Ericsson’s customers to
NBC Bank has underscored the need for Tanzanians to capitalise on the technological revolution in the banking sector that could play a key role in fast tracking human development. This was said in Dar es Salaam by the NBC Bank Direct and Development Manager, Mr Amos Lyimo, after launching salary account that will provide opportunity
Electronic payment will soon extend to the courts of law in the country in a bid to solve the problems court users face when using the newly introduced bank payments system, the government has said. The Deputy Minister for Finance and Economic Affairs, Mr Adam Malima, told the National Assembly here yesterday that the government
Currently celebrating the 10th year of South African eCommerce Awards, uAfrica.com is gearing up for what it believes will be the biggest South African eCommerce Awards yet. Designed to recognise and reward those South African websites demonstrating excellence in their use of the Internet as a platform for eCommerce, the Awards have shown a steady
SimbaPay a leading digital money transfer provider – announced the launch of the first product in the world that allows Kenyans living abroad to make M-Pesa PayBill payments. This is a new addition to the existing SimbaPay platform. M-Pesa PayBill is an M-Pesa service that has previously only been available to Safaricom M-Pesa subscribers in
