Cross Switch and Pesawise Partner to Launch Scalable Payment Solutions in Kenya

Posted on by kara | 17171 Views | 16 min read

Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment

BPC releases a practical guide to help banks with ISO 20022 migration challenges

Posted on by kara | 11394 Views | 9 min read
BPC

BPC, a global leader in payment solutions, today launched its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards. With the deadline for mandatory global

Mobile Point of Sale ‘Unleashes the Era of Modern Retail Experience’

Posted on by kara | 7134 Views | 22 min read
Mobile

Mobile data shows consumers’ demand and responds well to an elevated retail experience. While the economic landscape has been anything but stable, with international trade tensions and the national budget fallout spooking the market before rebounding when the VAT increase was later withdrawn, the retail sector is showing remarkable resilience, says Ecentric Payment Systems’ Rory

Powering the Future of Payments While Managing Digital Risk

Posted on by kara | 4519 Views | 20 min read
Digital Risk

Digital risk is key in the future of payments, says BankservAfrica’s CRO—lasting impact lies in trust, transparency, and inclusion. Digital transformation is reshaping the South African payments landscape, driving greater transparency, regulatory compliance, and inclusive innovation. But beyond the technology, it’s also redefining how the financial ecosystem anticipates, manages, and mitigates risk. Digitisation doesn’t solely

Happy Pay Collabs with Peach Payments for Zero-deposit BNPL solutions

Posted on by kara | 3579 Views | 8 min read
Happy Pay

Happy Pay, a Buy Now, Pay Later (BNPL) platform, has announced a new collaboration with Peach Payments, an African online payment gateway. This partnership allows Peach Payments’ merchants to offer customers a seamless, flexible payment experience by integrating Happy Pay’s interest-free instalment options at checkout. As a zero-deposit BNPL provider integrated with Peach Payments, Happy

Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure

Posted on by kara | 5470 Views | 8 min read

Stitch, a South Africa-based payments infrastructure company, raised $55 million in a Series B funding round to expand its offerings for enterprise merchants. Stitch said in a press release emailed to PYMNTS that the company will use the new funding to deepen its in-person payments offering, bolster its online payments suite, and enter the acquiring

PalmPay Launches New Debit Card in Nigeria with Verve

Posted on by kara | 11122 Views | 13 min read
PalmPay

PalmPay, a leading digital bank and fintech platform focused on emerging markets, has launched the PalmPay Debit Card in Nigeria in partnership with Verve, Africa’s largest domestic card scheme. Launching its debit card represents a key milestone in PalmPay’s evolution – from a mobile wallet known for its fee-free transfers and cashback rewards into a

Cross Switch Solidifies Market Position with New Payment Licence in South Africa

Posted on by kara | 12627 Views | 14 min read

This article was originally published here. Cross Switch, a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence. The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch’s position in the

MFS Africa Raises $100M in Extended Series C

Posted on by kara | 7733 Views | 8 min read
MFS

MFS Africa, a Digital payments network, raised $100 million in equity and debt funding led by Admaius Capital Partners in an extended Series C, bringing the round’s total to $200 million. Additional investors included new backers Vitruvian Partners and AXA IM Alts, along with existing investors AfricInvest FIVE and CommerzVentures. Dare Okoudjou, founder and CEO

Global Payments to Acquire Worldpay and Divest Issuer Solutions

Posted on by kara | 9522 Views | 44 min read
Global Payments

Global Payments Inc., a leading worldwide provider of payment technology and software solutions, today announced definitive agreements to divest its Issuer Solutions business to FIS for $13.5 billion and acquire Worldpay from GTCR and FIS for a net purchase price of $22.7 billion, or total value of $24.25 billion including $1.55 billion of anticipated tax