Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these customers will be in Africa. As part of the expansion, WorldRemit will enable customers in Africa to transfer money to 148 countries as easily as
Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these customers will be in Africa. As part of the expansion, WorldRemit will enable customers in Africa to transfer money to 148 countries as easily as
Mastercard has unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS. Orders submitted via a feature phone helps create a digital record for kiosk owners to get access to micro-loans to stock inventory and grow their business. Kionect is currently being
Ethiopian Airlines, one of the largest airlines in Africa, has partnered with Paysafe, a global payments provider, to offer customers the option of paying via Skrill and NETELLER digital wallets. Ethiopian Airlines (Ethiopian) customers can now use their Skrill and NETELLER digital wallets to book outbound flights from Qatar, United Arab Emirates, Lebanon, Kuwait, Saudi
Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure, seamless and convenient mobile payments to thousands of informal traders and convenience stores, better known as spaza shops, in South Africa. By combining their expertise and reach, the companies intend to unlock economic growth by helping informal micro-businesses connect to formal markets and digital
A combination of innovation, talent and investor savvy has propelled a Stellenbosch tech firm to the forefront of the international mobile security and authentication industry. Entersekt protects digital service providers and their customers from digital banking and payments fraud, particularly when transactions take place on mobile devices. Smartphones are emerging as the primary platform for
Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled
Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled payment gloves, commemorative stickers and Olympic pins that allow fans and athletes to complete seamless and secure payments with a simple tap at any contactless-enabled
TerraPay, the world’s first mobile payments switch, and Wari, a global platform offering digital financial services have signed a strategic partnership agreement that will strengthen the remittances ecosystem in 35 key African markets. The partnership is aimed at interconnecting the global money transfer operators with mobile wallets and bank accounts in Africa. With this partnership
TerraPay, the world’s first mobile payments switch, and Wari, a global platform offering digital financial services have signed a strategic partnership agreement that will strengthen the remittances ecosystem in 35 key African markets. The partnership is aimed at interconnecting the global money transfer operators with mobile wallets and bank accounts in Africa. With this partnership
