ICE3X a South Africa-based bitcoin exchange has announced a partnership with VoguePay, a Nigerian payment processor to launch Nigeria’s first bitcoin exchange. Under the partnership, individuals in Nigeria can buy and sell bitcoins using the Nigerian local currency directly from existing VoguePay wallets. He told CoinDesk: “The market, however, is potentially massive. VoguePay have spotted
The Bankers Association of Zimbabwe, which represents all banking institutions in Zimbabwe, welcomes the introduction of the new Bond coins, which were unveiled by the Reserve Bank of Zimbabwe and will come into circulation on the 18th of December 2014. The Bond coins, which have been issued on a one-to-one equivalence to the United States
Major Nigerian commercial bank First Bank has announced a partnership with telecoms company Etisalat to make Firstmonie mobile money services available on Etisalat’s Easywallet SIM application. Lucas Dada, director of Business Segment at Etisalat Nigeria said the partnership will provide added value to all customers and stakeholders in the mobile money industry. “Etisalat easywallet, is
E-commerce payment services provider PayGate says its new partnership with global fraud prevention company ReD, an ACI Worldwide company, will give added protection to South African online merchants. “As e-commerce in South Africa has matured, more and more local merchants are doing business outside our borders,” says PayGate’s head of business development Brendon Williamson. “This
The Central Bank of Kenya (CBK) has granted authority to the Mauritius Commercial Bank to open a Representative Office in Kenya. The authority was granted pursuant to Section 43 of the Banking Act. Representative Offices of foreign banks only serve as marketing and liaison offices for their foreign parent banks and affiliates and are not
2014 was an exciting time for payments in Africa, here are a few of the top stories which made headlines over the past year. Africa’s Top Five Articles: Kenya Bankers Association Releases Mobile Money Survey The Kenya Bankers Association have released the findings of their latest survey which looks at the interplay between banks, mobile
2014 was an exciting time for payments in South Africa, here are a few of the top stories which made headlines over the past year. South Africa’s Top Five Articles: FNB’s Easy Account Cheapest Full-Service Bank Account in South Africa The Solidarity Bank Charges 2013 report shows that FNB’s Easy Account is the cheapest full-service
BeepTool, who has nearly 40,000 users around the world, is expanding to offer its popular vouchers in South Africa. Starting today, users will be able to top up at internet cafés and schools across the country, thanks to a new distribution partnership with Conect2U, a Welkom-based technology company. The vouchers are available in small denominations,
Research from Azimo, the social online money transfer service, has revealed that Poland and Nigeria top the list of the most generous countries at Christmas, while African countries fill three of the top five places. Of the 198 countries which Azimo serves, Poles send the most money home to their loved ones at Christmas, with
3Delta Systems, Inc.(3DSI), a leader in online credit card processing and a pioneer in safeguarding confidential payment data, has partnered with London-based Enterprise Payment Solutions Ltd. (EPS) to offer Enterprise Payment Exchange — the SAP-certified integration for EC-Pay, 3DSI’s buyer-initiated payments solution. This collaboration allows SAP users to streamline their commercial payments process and push
