Mastercard Partners with Hellopay to Bring Contactless Payments to South Africa’s Informal Economy

Posted on by Staff Writer | 4684 Views | 15 min read

Hellopay to roll out Mastercard Tap on Phone technology, enabling small businesses to accept contactless payments using their NFC-enabled Android phone Hellopay, South African payments facilitator and the financial services arm of the Hello Group, and Mastercard today announced a partnership to roll out SoftPOS – a contactless acceptance solution that turns any NFC-enabled Android

Digital Wallets Eclipse Cash Globally at Point of Sale for First Time During Pandemic, FIS Study Finds

Posted on by Staff Writer | 3808 Views | 15 min read

Digital Wallets Reach Maturity: Contactless payments made using a digital wallet at the point of sale globally are growing faster than those made with physical cards. COVID’s Toll on Cash: Cash payments dropped below mobile wallet payments for in-store payments for the first time. eCommerce Expands Exponentially: The Global eCommerce market grew 19 percent to $4.6 trillion and

SA Fintech Mama Money Grows 500% During the Pandemic

Posted on by Staff Writer | 3763 Views | 11 min read

Mama Money, a South African based money transfer company that makes it easier and cheaper to send money to more than 50 countries using just your phone, saw growth of over 500% in volumes during 2020. It now has more than a million users who pay fees as low as 3% for international money transfers.

ACI Worldwide and Auriga Partner to Launch Next-Generation ATM Acquiring and Self-Service Banking Platform

Posted on by Staff Writer | 4423 Views | 9 min read

New platform improves omni-channel experience for consumers, including self-service channel integration with mobile and internet banking ACI Worldwide has announced a partnership with Auriga, a market leader for omni-channel banking and payment systems. The companies will launch a next-generation ATM and self-service banking platform aimed at improving the omni-channel banking experience for consumers globally. Under this partnership,

Zapper Eliminates Need for QR Code on PIN Entry Device for Leading Retailer

Posted on by Staff Writer | 4091 Views | 16 min read

Simple and effective solution solving complex and expensive problem QR codes have been a huge hit with smaller traders, especially in the hospitality industry, weekend markets and owner-run businesses. Zapper’s continued success at Dis-Chem, however, is proving that the technology is possible at even the largest of retailers – without the expense of new pin

FNB’s eBucks Rewards Programme is Revolutionising Financial Services

Posted on by Staff Writer | 4374 Views | 12 min read

The longest running behavioural rewards programme in SA’s banking sector FNB’s eBucks Rewards programme is South Africa’s leading multi-partner rewards programme that has spent the past 20 years driving good banking behaviour and rewarding customers with R14.2 billion in eBucks since inception. To date, customers have redeemed R13.3 billion in eBucks through a network spanning

PayFast | Four Digital Payment Trends to Tap Into in 2021

Posted on by Staff Writer | 4202 Views | 12 min read

2021 will continue to see the digitisation of payments across various industries including retail, professional services and ecommerce. Online payment gateway, PayFast saw unprecedented growth in industries which previously had a limited need for digital payments. These included a 1 787% year-on-year increase for online liquor stores; a 683% uptake in telecommunications services and a 512%

Diebold Nixdorf Launches DN Series™ EASY – a Revolutionary Self-Service Platform Built to Transform the Shopping and Checkout Experience

Posted on by Staff Writer | 3076 Views | 9 min read

First-of-its-kind, portfolio of solutions was designed to provide retailers a modular, open and ‘always-on’ approach to the evolving challenges of the modern store Diebold Nixdorf (NYSE: DBD) announced the launch of DN SeriesTM EASY, a new family of self-service solutions created to address retailers’ most pressing needs: improve store efficiency, enhance consumers’ shopping experience and drive down costs.

Entersekt | Challenging Year Ahead as Digital Economy Evolves

Posted on by Staff Writer | 3510 Views | 21 min read

New banking regulations, digital consumers, the eradication of passwords, contactless technology – these are just some of the trends that will shape financial services and payments in 2021, writes Entersekt CTO, Gerhard Oosthuizen. The past year has fundamentally reshaped all sectors of the economy by accelerating the move to digital and this will define the

WIZZIT Digital Launches SoftPOS with PIN Mobile Payment Solution

Posted on by Staff Writer | 4185 Views | 16 min read

Software only solution enables smartphones to be used for PIN protected contactless transactions for any amount with no additional hardware required WIZZIT Digital has launched its Tap2Pay SoftPOS with PIN solution and is due to go live with an initial launch customer – one of the largest Pan-African commercial banks – during February 2021. The launch followed the certification