Buymore Offers Kenyan Students Discounts Through Electronic Cards

Kenyan startup Buymore is offering students discounts on their favourite brands and merchants through an electronic card, and has signed up 20 stores for the programme so far. HumanIPO reported last month Buymore was named a finalist for this year’s edition of the PIVOT East conference to be held in Nairobi on June 24 and

Irish Minister for Trade and Employment Opens Acquirer Systems’ EMV Training Programme in South Africa

Acquirer Systems, a leading provider of test and validation solutions to the international payments market, has launched its EMV Training Programme at a breakfast briefing in Johannesburg, South Africa. The launch is taking place in the presence of Ireland’s Ambassador to South Africa, His Excellency Brendan McMahon and Irish Minister for Trade and Employment Joe

Law to Govern Microfinance Services in Pipeline

A Micro Finance Act to regulate micro finance services in Tanzania is in the offing, the National Assembly was told. Deputy Finance Minister Mwigulu Nchemba said the government had since 2013 engaged a consultant from the Economic and Social Research Foundation (ESRF) to review the country’s national micro finance policy of 2000 and propose changes

Qatar Airways Forms Strategic Alliance with Safaricom

Qatar Airways, the national airline of the State of Qatar, has entered into a strategic partnership with Safaricom, to launch a service that now enables customers to pay for Qatar Airways tickets using M-PESA. The new service offers greater flexibility for Qatar Airways’ passengers who can now book tickets online on www.qatarairways.com/ke or through the

Partnership Between Web Developers and Payment Services Key to e-Commerce Success

The quality of the relationship between a web developer and a payment services provider is one of the key ingredients of a successful e-commerce website, says Michael Richards of SiteMeUp Online Marketing. “Our job is to help our clients grow their business online,” says Richards. “One part of that is building sites that are easy

Ecobank Acquires Banco ProCredit and Commences Trading in Mozambique

Ecobank Transnational Incorporated and ProCredit Holding (‘PCH’) have announced that they have concluded negotiations for the acquisition of the 96% stake in Banco ProCredit Mozambique previously held by ProCredit Holding and the DOEN Foundation. The transaction has received the approval of the regulatory authorities in Mozambique and the Bank has started trading as Ecobank Mozambique,

The Governor of the Bank of Mauritius Releases Report on Unfair Terms and Conditions in Banking Contracts

The Bank of Mauritius has announced that it proposed to investigate into the terms and conditions of banking contracts, including fees and charges. The objective of this exercise was to gain an in-depth understanding of the terms and conditions governing contracts between a consumer and a financial institution and to help achieve better outcomes. A

New Mobile Remittance Corridor Between mHITs Australia and M-PESA Kenya

mHITs, a pioneering developer and operator of mobile payment services, has announced that it’s Australian SMS mobile wallet service has launched an international mobile remittance corridor between Australia and leading mobile money service M-PESA in Kenya. For the first time, this new corridor will provide for instantaneous direct mobile-to-mobile funds transfers between Australia and Kenya.

TelOne Now Accepts Telecash Payments

It is now possible to pay telephone bills with Telecash, following an agreement between Telecel Zimbabwe and TelOne, making it possible to avoid queuing to pay phone bills. Telecash subscribers can now pay their phone bills from the comfort of their home or office or even while travelling to work on a commuter omnibus, using

Takealot Founders Launch SA e-Commerce Platform Raru

Newly launched e-commerce platform Raru is providing South Africans with an additional outlet for consumer electronics, music, films and books. The website, with is currently in beta, was started by the founders of Take2, which after being sold to Tiger Global in 2010 rebranded as Takealot. “We are almost all part of the team who