Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Mastercard and Amazon

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – a single touchpoint for

KaiOS Technologies’ Affordable Smart-Feature Phones Will Leverage Mastercard’s Payment Technology, Boosting Digital Economy Growth

Kaios Technologies

KaiOS Technologies, a leading operating system that brings the best of the internet to affordable devices, today announced a collaboration with Mastercard to integrate various digital payment solutions. Beginning in Cote d’Ivoire and Nigeria, Mastercard, and KaiOS Technologies will deliver affordable payment acceptance devices and stimulate the growth of a more inclusive, connected global economy.

UNDP and Visa Partner to Boost Digital Transformation and Financial Inclusion in Somalia

UNDP

The United Nations Development Programme (UNDP) in Somalia and Visa, a global leader in digital payments have signed a partnership agreement aimed at helping accelerate the implementation of the Sustainable Development Goals (SDGs) in Somalia through digital financial inclusion and digital transformation with relevant institutions in Somalia. The collaboration was announced at an event organized

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to Over 636,000 Merchants in Kenya

Safaricom

Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between

Xago Technologies: A Fully Licensed Crypto Asset Service Provider in South Africa

Xago

Xago Technologies, a leading innovator in the cryptocurrency and digital assets industry, is proud to announce that it has received its Crypto Asset Service Provider (CASP) licence from the Financial Sector Conduct Authority (FSCA) in South Africa as a CAT I Intermediary. This milestone marks a significant step forward in the company’s mission to provide

PalmPay Rolls Out USSD Service to Empower Users with Enhanced Financial Access and Account Security

PalmPay

PalmPay, a leading financial platform with over 30 million users in Nigeria, has launched its USSD code service. This new feature allows Nigerians to manage their finances without needing internet access. By dialing *861# from their mobile phones, customers can now carry out a wide range of banking transactions. PalmPay, operating in Nigeria since 2019

Paymob Extends Series B to USD $72 Million as It Maintains Profitable Growth in Its Core Market

Paymob

Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million. The funding was led by EBRD Venture Capital with participation from Endeavor Catalyst. Existing investors PayPal Ventures, BII, FMO, A15, Nclude and Helios Digital Ventures participated in the round, reaffirming

Interswitch Partners With Elie Technologies for Contactless Payments

Interswitch

Interswitch East Africa (Kenya) Limited has partnered with Elie Technologies to unveil a contactless payment solution for merchants and customers in Kenya. The solution, dubbed Tumatap, will enable Micro, Small, and Medium Enterprises (MSMEs) to accept contactless payments on smartphones, thus transforming the devices into point-of-sale (POS) systems without the need for additional hardware. The

MoData – Lusis Payments Partnership Brings Transformative TANGO Payments Platform to Africa

MoData

MoData, a leading provider of payment solutions, has been appointed as Lusis Payments’ Africa partner to bring the TANGO payment platform to Africa. Twenty-five leading international banks and BankservAfrica have recently migrated off their legacy transaction switches onto the advanced and trusted TANGO payment platform. TANGO is built on a highly performing micro-services architecture providing

Ecobank Uganda Partners With Ria Money Transfer to Enhance Remittance Services

Ecobank

Ecobank Uganda Limited has formed a strategic partnership with Ria Money Transfer renowned global leader in cross-border remittance services. This partnership will significantly improve remittance options across Uganda, allowing customers to receive funds directly into their Ecobank accounts. Both account holders and non-account holders will also have the option to collect cash transfers promptly at