Wallet One South Africa has Launched a Payment Solution for Online Merchants

Posted on by Staff Writer | 7038 Views | 6 min read

Wallet One South Africa has launched W1 Checkout, a payment aggregator for e-commerce merchants and service providers, enabling them to offer customers an increasing number of online and cash payment methods with immediate, safe and secure processing. Electronic payments are processed through Wallet One’s PCI DSS certified payment gateway and 3D secure acquiring partners. Cash payments for online purchases are

Kenya Gets First Digital Bank Branch

Posted on by Staff Writer | 8727 Views | 7 min read

CfC Stanbic Bank has opened the first ever digital experience bank branch in the country. The branch, in Mombabsa’s Nyali Centre Mall, is set to radically alter the way customers take care of their financial needs and conduct their daily banking business. CfC Stanbic Bank’s focus is on enhancing the way Kenyans engage with their

CBN Grants Payment Terminal Service Provider Licence to Computer Warehouse Group

Posted on by Staff Writer | 5587 Views | 13 min read

Computer Warehouse Group Plc (CWG), the leading Pan-African ICT Company has been issued the license to perform the activities of Payment Terminal Service Provider (PTSP) to Point-of-Sale terminals (PoS) in Nigeria by the Central Bank of Nigeria (CBN). This followed a visit by a delegation of the Apex bank to CWG late last year to

FNB Cardless Cash Withdrawals Stand at R2 Billion

Posted on by Staff Writer | 10434 Views | 5 min read

FNB’s cardless cash withdrawal has achieved its four year milestone with over R2 billion withdrawn since its launch in February 2011. The feature, added to the existing cellphone banking platform which launched in 2005, answers the need of customers who want to withdraw cash from an ATM but do not have a card present at

Cignifi and the IFC to Grow Usage of Mobile Money in Uganda

Posted on by Staff Writer | 8922 Views | 7 min read

Cignifi, whose proven big data engine uses mobile phone data to deliver consumer credit and marketing scores, announced an agreement with the International Finance Corporation (“IFC”), a member of the World Bank Group, aimed at expanding the delivery and usage of mobile financial services in Uganda. Specifically, Cignifi will be working with the IFC to

Hotel Booking Platform Jovago Incorporates Tigo-Pesa as a Payment Option

Posted on by Staff Writer | 10753 Views | 11 min read

Africa’s leading hotel booking platform Jovago.com has announced the incorporation of Tigo Pesa, one of the region’s major mobile money transfer services. This partnership gives the customer yet another option for efficiency on top of the available card payments and pay-on-arrival model. “Africa is definitely moving on to the digital world, as part of this

Nomanini Enables Rapid, Reliable Prepaid Retail in Informal Markets

Posted on by Staff Writer | 8696 Views | 5 min read

South African-based company Nomanini has created a mobile point of sale terminal and cloud-based distribution platform that is fundamentally changing the nature of the prepaid voucher industry in informal markets. This is according to the latest case study from the GSMA, the global association that represents the interests of mobile operators worldwide and the producer

HelloCash Mobile Money Service Goes Live in Ethiopia

Posted on by Staff Writer | 9452 Views | 9 min read

Lion International Bank and Somali Micro Finance in partnership with BelCash Technology Solution PLC launched the official pilot of the HelloCash mobile money services. BelCash Technology Solution PLC is an Ethiopian based technology service provider for financial industry. The HelloCash mobile money platform will provide financial services to all Ethiopians. The HelloCash service enable existing

Gemalto Predicts a Payment Revolution in Africa

Posted on by Staff Writer | 6972 Views | 31 min read

In emerging markets, mobile money services have the power to simplify lives, offering people the convenience of paying from anywhere and at any time, but also to transform them, playing a social noble role by addressing the unbanked or underserved population in Africa, offering them payment services they did not have access to before, says Paul

Egyptian Government and MasterCard sign Memorandum of Understanding

Posted on by Staff Writer | 8080 Views | 8 min read

The Government of Egypt, represented by The Ministry of Communications and Information Technology, and MasterCard signed a Memorandum of Understanding (MoU) to establish a strategic collaboration that will help drive financial inclusion and maximize government efficiency. The MoU was signed by H.E. Atef Helmy, Minister of Communications and Information Technology, and Ajay Banga, Chief Executive