PalmPay Unveils New Savings Feature with up to 20% Annual Percentage Rate (APR)

PalmPay, a leading Nigerian financial platform, has unveiled its latest product – a high yield savings feature which offers its customers the opportunity to earn up to 20% annual interest rate Flexible and fixed-term savings are now available on the PalmPay app, enabling its customers to earn up to 20% annual interest rate; the company

Everything You Need to Know About QR code Payments – Ukheshe

by Paul Selibas, Division President at Ukheshe If there’s one thing almost no one leaves home without, it’s their mobile phone. How many times have you forgotten your keys or worse still, your wallet, and been left stranded at the shops? Now you don’t need your purse or your wallet, or even a bank card

Game Launches myVirtual Credit Solutions

Consumers in South Africa are experiencing escalating levels of financial stress and are actively seeking alternative forms of payment due to the country’s rising cost of living. The use of developing digital payments are gaining pace in South Africa and statistics show that there is a rising desire for credit among consumers with digital payment

Ecobank and Dashen Bank Launch Remittance App Targeting Ethiopians in the Diaspora

Ecobank, the leading pan-African banking Group, through its representative office in Ethiopia, has partnered with Ethiopia’s Dashen Bank to enable Ethiopians living in the diaspora, specifically Europe, to send money instantly to any Dashen Bank account, other local bank accounts, mobile money wallet and cash pick up using Ecobank’s Rapidtransfer International app (RTI). The cross-border

Ukheshe Labs to Focus on Digital Payment Innovation

Banking as a Service (BaaS) and embedded finance enabler Ukheshe has recently launched a new innovation hub, Ukheshe Labs, to focus on research and development in the digital payments market. Jason Penton, Ukheshe Co-Founder and Head of Ukheshe Labs, says such an endeavour should be a priority for any company operating in the tech sphere.

PayShap: A Catalyst For Financial Inclusion in South Africa or Just Another Expensive Payment Method? – Synthesis

By Harsha Maloo, Head of Payments at Synthesis There has been a lot of talk around the corner about PayShap – the new super-fast, low-cost payment rail which has recently launched in South Africa. It aims to foster financial inclusion and open new markets and opportunities. But before we delve deep to explore whether PayShap

From Masterpass to Scan to Pay, Powered by Ukheshe: New look, Same Contactless Payment Service

Ukheshe has announced details of the brand evolution of Masterpass to Scan to Pay. Scan to Pay will continue to provide seamless instant payment technology to banks, merchants, PSPs and consumers that add to the ever-evolving cashless commerce and digital payments landscape. Scan to Pay enables seamless QR code transactions between merchants and consumers. Merchants

Payment24 Announces Expansion into New Geographies and Industries

Continued growth supported by product innovation and ongoing customer success cracks open new markets Payment24, the global platform provider specialising in payment and loyalty solutions, today announced that the organisation is enjoying continued growth, has significantly expanded operations and acquired several new logo clients as it diversifies its business beyond a provider of solutions for

Tingg by Cellulant Transforms Billing and Collections for Utility Companies in Zambia

The digital bill payments solution enables Zambians to comfortably pay their utility bills by removing the requirement to visit a physical store to pay bills in cash and providing the option to make payments digitally from the comfort of their homes Tingg, Cellulant’s digital payments platform, is challenging Zambia’s traditional bill payment method. With Tingg,

The Future of Issuing: How Digital Experiences and Enablement Can Improve the Customer Journey

This article was originally published by Stanchion Payment Solutions here. Today’s consumers are smartphone-obsessed – and the more time they spend on their devices, the more these devices impact their behaviour and the way they consume. These devices are now so much more than just a means for communication, they have become a tool to