Apple has announced Apple Pay, a new mobile payments service with an easy, secure and private way to pay. Apple Pay works with iPhone 6 and iPhone 6 Plus through a new NFC antenna design, a dedicated chip called the Secure Element, and Apple’s Touch ID. Apple Pay is easy to set up, so hundreds
The ATM Industry Association has announced that the first African ATM operator has been internationally certified for the industry’s professional online ATM operational training. Riyaadh Alexander, Contact Centre Team Leader of Spark ATM Systems, based in Cape Town, has been awarded the industry endorsed International Certificate for ATM Operators. Mike Lee, CEO of ATMIA stated, “I
Mobile network operator MTN has announced a partnership with online payments company Skrill to enable MTN subscribers to be able to make purchases from global internet brands that are integrated into Skrill’s network using funds in their mobile wallets. The partnership is being piloted in Ivory Coast and Rwanda. The network said MTN Mobile Money
SLA Mobile, a leading worldwide solutions vendor focused on bringing new revenue streams to mobile operators, has partnered with Infobip, a global mobile messaging and payments provider to bring Direct Operator Billing (DOB) to Zain subscribers for their list of digital and virtual goods merchants. SLA Mobile provides managed service solutions to mobile operators, helping
Ecobank Transnational Incorporated welcomed the acquisition of a 12.5(1) percent minority stake in ETI by Doha-based Qatar National Bank through QNB’s purchase of both ordinary and convertible preference shares. QNB bought the shares from the Asset Management Corporation of Nigeria on the Nigerian Stock Exchange. Following the transaction Ecobank is discussing a strategic partnership with
Tanzanians have been urged to cultivate and strengthen a culture of keeping money in bank accounts for their safety and country’s economic development. Talking to journalists in Dar es Salaam over the weekend, a legal officer at the Deposit Insurance Board, Mr Rashid Mrutu, said the culture of having and keeping money in banks builds
The innovations by United Bank for Africa, in providing convenient banking platforms for individuals and businesses have received global endorsement and recognition. The Bank has been named the “Best Transaction Bank” from Africa in 2014 by UK based magazine “The Banker”. This is hinged on the Bank’s e-banking platforms that have positively changed the way
The Bank of Tanzania issued a 500/- coin to replace the current 500/- note, which wear off easily. Addressing reporters in Dar es Salaam, BoT’s Director of Banking Service, Mr Emmanuel Boaz, said that the new coin will be in use early October. “Coins are more durable with a longer life span. Due to a
The Central Bank of Kenya conducts a survey on remittance inflows every month through the formal channels that include commercial banks and other authorised international remittances service providers in Kenya. Commentary on Remittances for July 2014 Remittances to Kenya increased by 3.8 per cent to USD 117.1 million in July 2014 compared with USD 112.8
Kalahari.com has been named South Africa’s favourite ecommerce website by uAfrica at the eCommerce Awards held at the eCommerce Conference 2014. Yuppiechef.com won the award for Best eCommerce Store and Zando won in the best shopping process and customer service categories. Bidorbuy emerged winner in the eCommerce Services Platform category, and Poetry won the award
