FNB Clients Embracing In-App Messaging for Banking

FNB has recorded a 56% increase in the number of FNB Premier clients who used ‘Secure Chat’ between July 2017 and July 2018. ‘Secure Chat’ is FNB’s instant messaging service on the FNB App that clients can use to contact their team of bankers. App logins further increased by 55% with the average number of

Karri App for School Payments Expands Offering to Any Organisation

The Karri app, launched in April last year, has grown to just under 300 South African schools driven by parent and teacher demand for a solution to school payments. Due to the success of this collections platform, Karri has expanded its offering to include collections for just about any purpose or organisation that wants to

Verifone Introduces EZ-Receipt, Enabling a Seamless Payment Experience at the Pump

Verifone has introduced EZ-Receipt, a software cloud-based technology that seamlessly generates an electronic receipt at the pump, creating a fast and simple pay-and-go payment experience. Additionally, EZ-Receipt reduces merchant operating costs and paper waste, as well as inconvenience associated with maintaining trouble-prone gas pump printers. “Because of our dominant market share, EZ-Receipt is an example

Ingenico Group to Join Visa Ready for Transit Programme

Ingenico Group, a global provider of seamless payment, is proud to join Visa Ready for Transit programme and to collaborate with the Visa Global Transit team, ticketing integrators and transit operators to create the best experience for public transport users. Preparing the launch of its dedicated hardware and service solutions for 2019, Ingenico has joined

Mastercard and EasyPay Partner on Bill Payments

South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard. Announced today at the Mastercard Connecting Tomorrow Forum in Barcelona, this collaboration marks a significant milestone in Mastercard’s strategy to displace cash and

Rocket Remit Launches Mobile Money Transfer to Cameroon, The DRC and Mozambique

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced its Australian mobile remittance service Rocket Remit has launched money transfer services from Australia to three new African countries: Cameroon, The DRC and Mozambique. Rocket Remit specialises in international money transfer via mobile money offering the world’s fastest and simplest method for sending

What will African transaction banking look like in the future?

In June 2018, SWIFT published a white paper exploring the trends in transaction banking in Africa. The paper reveals that cross-border banking has evolved over the last five years, with intra-Africa payments and clearing increasing and the use of regional currencies rising. The paper looks at what is driving change in African transaction banking and

DOCOMO Digital Partners with Vodacom to Launch Google Play Carrier Billing Integration in Tanzania

Global mobile payments company, DOCOMO Digital has partnered with Vodacom in Tanzania to give customers the option to pay for content on the Google Play Store using “Vodacom Airtime” carrier billing. The integration, which is powered by DOCOMO Digital’s mobile payments platform, allows Vodacom Tanzania customers to pay for content and products from the Google

MTN Uganda and Mastercard Diversify Mobile Money Services in Uganda

MTN Uganda in partnership with Mastercard and United Bank for Africa (UBA) have announced a new service that will enable quicker, safer and more convenient online payments globally. Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments. The

PayPal Completes Acquisition of iZettle

PayPal Holdings, Inc. has announced that it has completed its acquisition of iZettle for approximately $2.2 billion USD. This transaction builds on PayPal’s strong set of products and services for small businesses and is intended to help accelerate growth and deliver a seamless commerce experience for merchants. “We’re thrilled to welcome the iZettle team to