World Bank Makes Progress to Support Remittance Flows to Somalia
DRC Modernise Payments With New Interbank Card Switch
Algerian Post Office Relies on Wincor Nixdorf
Emerging Markets Payments Partners with Premier Bank, its First Customer in Somalia
Emerging Markets Payments (EMP), the leading electronic payments processing company in Africa and the Middle East, is pleased to announce that it is now working with Premier Bank, its first customer in Somalia. Working together, EMP will deliver debit and prepaid issuing services, as well as ATM aquiring throughout the Premier Bank network. As a
HPS Announces Global Partnership with Gemalto for Tokenization
HPS, the market-leading provider of mission-critical solutions to the cards and payments industry, has announced a new global partnership with Gemalto, the world leader in digital security. Tokenization is the process by which payment account information is replaced by an alternate value called a token. Issuers, Merchants and Processors who use tokens are able to
Africa is the Continent That Will See the Largest Increase in Electronic Payments Between Now and 2016
Visa, an international electronic payment company, sponsored the Prepaid Summit Middle East event for the sixth consecutive year in 2015. The event was held in Dubai. Uniting over 150 leading participants, this conference is a regional standard for the electronic payments industry. On this occasion, various awards were presented during a ceremony to regional financial
Afreximbank Lauded for Support to African Financial Institutions
The African Export-Import Bank (Afreximbank) has received strong commendation for its strategy of providing support to African financial institutions to improve the trade finance services they offer to African businesses. John Mushayavanhu, Group Chief Executive of Zimbabwe-based FBC Holdings Limited, speaking when he led a delegation of the company to the Afreximbank Headquarters in Cairo
HelloCash Mobile Money Service Goes Live in Ethiopia
Lion International Bank and Somali Micro Finance in partnership with BelCash Technology Solution PLC launched the official pilot of the HelloCash mobile money services. BelCash Technology Solution PLC is an Ethiopian based technology service provider for financial industry. The HelloCash mobile money platform will provide financial services to all Ethiopians. The HelloCash service enable existing
Egyptian Government and MasterCard sign Memorandum of Understanding
The Government of Egypt, represented by The Ministry of Communications and Information Technology, and MasterCard signed a Memorandum of Understanding (MoU) to establish a strategic collaboration that will help drive financial inclusion and maximize government efficiency. The MoU was signed by H.E. Atef Helmy, Minister of Communications and Information Technology, and Ajay Banga, Chief Executive
PayPal Announces Collaboration With PayGate in South Africa
With the announcement of a partnership between PayPal and local payment service provider PayGate, it is now easier than ever for merchants to accept online payments in South Africa. “PayGate customers can now add PayPal to the list of payment methods they accept simply by ticking a checkbox,” says PayGate’s GM of business development Brendon
