Wincor Nixdorf together with Pyramid Computer GmbH announced that Marks & Spencer are now entering roll out phase of the polytouch self-service terminals in its high street stores across the UK. As of November 2013, approximately 700 polytouch kiosks in 32“ and 22“ format have been deployed. These next generation kiosks are expected to provide
eBay Inc. has announced it completed its previously announced acquisition of Braintree, the payment platform powering the next generation of leading online and mobile-first startups. In accordance with the terms of the acquisition agreement announced September 26, 2013, eBay acquired Braintree for total consideration of approximately $800 million in cash. Braintree will now operate as
According to Visa’s Sub Saharan Africa Global Travel Intentions Study for 2013, visitors from the Asia Pacific region are most likely to visit Africa in the next year. The survey showed that 43% of people in the Asia Pacific region intend to travel in Africa within the next year, 34% of people in Africa/Middle East,
Online technology portal NUMERIS-MEDIA has released its e-Banking Africa report for December 2013, with a focus on payment cards and remittances. Says Anne Agbakoba, Editor & Chief Reasearch Officer at NUMERIS-MEDIA: “In 2010, 34 per cent (313 million) of Africa’s population was considered to be ‘middle class’, and this figure is projected to triple to
B-PESA has inked deals with UnionPay, a move that gives the newly introduced prepaid bank loop card a wider operating territory outside Tanzania, covering 1.6 million ATMs and over 12 million merchants in 142 countries. Apart from UnionPay, many Tanzania based banks have expressed interest in partnering with Smart Banking Solutions (SBS) – the company
Botswana’s national annual inflation kept the downward trend in November, dropping to 4.1 percent from 4.8 percent in October, and is expected to further remain low supposed factors remain favourable, Statistics Botswana (SB) has reported. Data authority said that the inflation stood at as high as 7.4 percent during the same month in last year,
Target has confirmed it is aware of unauthorized access to payment card data that may have impacted certain guests making credit and debit card purchases in its U.S. stores. Target is working closely with law enforcement and financial institutions, and has identified and resolved the issue. “Target’s first priority is preserving the trust of our
A huge number of South Africans rely on the ATMs to withdraw money. However the increased usage of ATMs has also resulted in criminals devising various scams such as card skimming, swopping and the trapping of card inside ATMs. This is usually accompanied by shoulder surfing to steal PIN numbers. SABRIC’s research has revealed that
This year saw a rise in online spending across the globe, with USA reporting a 20% increase in online shopping on Cyber Monday as shoppers snubbed physical retail stores in favour of missing out on the holiday queues. Locally South Africans are coming to the party, with recent report showing that 9.5% of South Africans
With Christmas around the corner many retailers are looking forward to the increase in sales but some retailers are looking at Omni-channel options to optimise shoppers holiday spend. Recent studies show that there are large gains to be made by retailers who diversify the options available to their shoppers. There has been a major shift
