PesaPrint has launched a cashless fare payment system for Kenyan public service vehicles (PSVs), adding to the competition in the multi-billion transport sector. Business Daily reports PesaPrint’s cashless system interoperability enables it to accept mobile money payment services such as Safaricom’s Lipa na M-Pesa, MasterCard’s PayPass and Visa’s PayWave. Competition is rife in the PSV
Card and ePayment Africa Awards is an annual Pan Africa event with focus on technological advancements and innovation within the ePayment space. It provides a platform for all stakeholders in the industry to be recognized, rewarded and celebrated. The Award dinner and ceremony was held at the prestigious Michelangelo hotel in Johannesburg on the eighteen
Uganda’s Bank of Africa (BOA) has launched a mobile banking platform geared towards earning the bank a larger market share amongst those using mobile money as a way of doing business. Known as Mobile Wallet, the platform will make it easier for BOA account holders as well as those without accounts to send and receive
MFS Africa has announced the launch of mjara Loans, a mass-market mobile money-based loan product. mjara Loans builds on the company’s existing KwikAdvance salary-advance loan product. The mjara Loans service is available to all MTN Mobile Money users, and will be extended to other mobile networks later this year. MFS Africa research shows that the
Teasy Mobile Money has successfully deployed the first commercial Near Field Communication (NFC)/Contactless payments solution in Nigeria. This was announced by the Chief Executive Officer of Teasy Mobile Money Musa Ali Baba, who believed that not only will retail payments be easier and faster, customer’s satisfaction will be guaranteed. “We are very excited with the
Online ticketing in South Africa is a growing industry as more and more people, both young and older generations, move towards buying their tickets via the web. The use of mobile technology, using your cellphone or tablet, to purchase tickets to music, theatre or cultural events is booming and several mobile sites have been developed
“In the past few years, online transactions have grown substantially in South Africa, proving that consumers are becoming more familiar with online processes, and are feeling more comfortable to engage in an interactive online space,” says Brian Andrew, General Manager for RS Components. RS Components is a market leader in the distribution of electrical, electronic,
In pursuit of its Project Alpha plans, United Bank for Africa (UBA) Plc has announced key appointments to drive its quest for industry leadership by 2015. UBA’s Project Alpha is a 3-year road map of key transformation initiatives, designed to reinforce the Group’s strategic positioning and leverage its huge Africa presence to fully exploit the
The Bank of Mauritius (the Bank) is pleased to announce that it has, granted Banking Licences to two new banks – Warwyck Private Bank Ltd and Banque Richemount Limited – to carry on private banking business in Mauritius. Warwyck Private Bank Ltd and Banque Richemount Limited are the first stand-alone, full-fledged private banks to be
Nairobi county hopes e-payments for parking will seal loopholes as it looks to meet the collection target of KSh2.2 billion (US$25.3 million) for the 2014/15 financial year set out in the County Fiscal Strategy Paper. It was reported earlier this month Nairobi county governor Dr Evans Kidero had signed an agreement with online payment platform
