Sidestepping Complex Payments Through the Power of One Platform

The fast pace of digital transformation for financial services is vital for the empowerment of small businesses and their customers. However, in this transformation process, traditional payment methodologies are being bypassed by new technology and products. Understandably, merchants are finding it increasingly difficult to keep abreast of all the latest payment products and solutions that

Virtual Card Transaction Volumes to Surpass 121 Billion Globally by 2027; Driving Adoption of Contactless Payment Methods

A new study from Juniper Research has found the number of virtual card transactions will exceed 121 billion globally by 2027; increasing from 28 billion in 2022. This represents growth of 340%. It predicts the rising integration of virtual cards to existing digital wallets services, such as Apple Pay and Google Pay, will drive this growth by

Mastercard Partners with noqodi to Expand Digital Payment Acceptance Across UAE

Consumers and businesses in Dubai will soon be able to make seamless and safe contactless payments for select government and private sector services, thanks to a strategic partnership between Mastercard and noqodi, a leading fintech company owned by emaratech Group, part of the Investment Corporation of Dubai. Noqodi’s digital omni-channel payments, including Tap on Phone,

In a Changing World Niche Banking is Attracting More Attention

Traditional banking models have been disrupted long before the Covid-19 pandemic fundamentally changed the way we live, work and shop. “We are seeing a rapid rise in digital banking and niche banking, mainly driven by the changing needs of consumers and merchants in the informal economy”, says Zunaid Miya, MD of Hello Pay. The pandemic

South Africa’s Appetite for Digital Payments Continues to Grow – Mastercard New Payments Index 2022

95% of consumers in South Africa used at least one emerging digital payment method in the last year with usage expected to increase further Adoption of cryptocurrency, biometrics, Buy Now Pay Later (BNPL), open banking and account-to-account payments are anticipated to continue accelerating The adoption of a broad range of digital payment methods is accelerating

Clickatell Helps Nigerians Access eNaira Services, Boosting Financial Inclusion

Nigerians can now access cashless services over USSD channel  Clickatell, a CPaaS innovator and Chat Commerce leader, has partnered with the Central Bank of Nigeria (CBN) to deliver fast, simple, and cost effective eNaira banking services to all Nigerians using the USSD channel, eliminating the need for data and available on all handsets. Clickatell has

ProvidusBank, Mastercard, Interswitch and Thales launch contactless Tap-to-Pay transactions via smart devices in Nigeria

In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group, today announced the introduction of a new Tap-to-Pay service. The service allows cardholders to make fast, secure, and convenient in-store payments by tapping their NFC enabled

Cellulant Partners with Orange Money to Power Card to Wallet Transfers for 8 Banks in Botswana

This partnership enables customers to move funds from their bank accounts through their cards straight into their Orange Money wallets  Orange Money, the mobile money service of Orange and leading Pan-African payments company, Cellulant (www.Cellulant.io), have launched a partnership to enable card-to-wallet transfers for 8 banks in Botswana. The Orange Money Card-To-Wallet service (https://bit.ly/3ex927w) in

Introducing the New PCI SSC Mobile App 

The PCI Security Standards Council (PCI SSC) is pleased to announce the release of its new mobile app. The PCI SSC mobile app allows for more direct engagement with payment industry stakeholders, including instant notification of Council news and announcements, and easier access to important resources. PCI SSC launched its mobile app as a new

Mastercard Collaborates to Bring Google Pay to South Africa

Quick and convenient addition to the payment ecosystem allows users to securely pay with Android phones or supported Wear OS device Mastercard, a leading technology company in the global payments industry, has collaborated to launch Google Pay in South Africa. Cardholders can conveniently and securely tap to pay with their Android phones or supported Wear