Webtickets, South Africa’s market leader in integrated online ticketing solutions, has expanded its online ticketing business into Southern Africa owing to demand from clients. It recently started operating in Zimbabwe and one of its biggest ticketing sales events has included the recent 2014 Zimbabwe Tri-Series one-day international (ODI) cricket tournament, which took place from 25
Ben Lyon from Kopo kopo recently wrote a blog post on the future of transaction fees. This is what he had to say: If you ever run into someone from the payments industry at a party, you should probably try to find a better party. If you can’t, ask them what transaction fees will look
Since 2005, Spark ATM has grown to be South Africa’s leading independent ATM network, with over 2 500 cash machines in some of the country’s most remote areas – all built on the basis of a uniquely lean, low-cost business model that has enabled it to put ATMs where nobody else can. “Many of our
ATMIA’s 10th annual ATM conference will provide this year’s most comprehensive industry summit on ATM and payments developments in the region. There is no other better industry event for getting up to speed on the latest trends in African payments and ATM developments than ATMIA Africa conference. Join us to celebrate the success stories of our industry, to
Existing and future Absa customers now have the opportunity to fully customise and build their own transactional banking accounts according to their needs and budgets, while enjoying a wealth of lifestyle features. The Absa Features Store intends to make the lives of the banks’ customers easier by providing them with more than just banking through
The Western Union Company , a leader in global payment services, and the Angola Post Office, provider of postal and financial services in Angola, announced the signing of an agreement to provide for the first time Western Union money transfer services to consumers in Angola. Richard Malcolm, Regional Vice President for Southern and East Africa
African payments provider iVeri, in conjunction with Calleo, a specialist business-to-business research and consultancy firm, has released a new whitepaper titled, “Accessing the Unbanked: Branchless Banking in Africa” Currently, only around 23% of adults in Africa have a bank account. One of the main reasons for this large unbanked population in Africa is geographical inaccessibility
Interswitch Transnational Holding, the leading pan-African integrated payments company, announces it has reached a partnership agreement with the Paynet Group, East Africa’s leading multi-institutional payments provider, to combine its businesses. Interswitch will acquire a majority shareholding in Paynet Group and unrivalled existing shareholders will become shareholders of the Interswitch Group. Bernard Matthewman, current CEO of Paynet,
Zimpost‘s recently launched money transfer service, Zipcash, has been extended to Botswana.With effect from 27 August 2014, Zipcash customers can now send or receive money to and from Botswana. Plans to extend the same service to South Africa are also at an advanced stage, with testing already concluded. Zimpost launched Zipcash in December 2013. The
The mass market in Somalia will now be able to access various banking products virtually through their mobile phone after Kenya’s Rapid communications recently acquired 16% shareholding in Nationlink telecom, a GSM operator, along with the license for banking services. The company currently manages the content management system (CMS) platform for Nationlink telecom and with
