The South African Social Security Agency (SASSA) has noted with concern the increasing number of fake SMSes that are being circulated to beneficiaries. In a recent incident the Agency has received reports that beneficiaries received an SMS instructing them to re-register their social grants because cash paypoints will be fully phased-out by August 2018. The
Mastercard and Tigo have announced that Tanzanian’s can now use their Tigo Pesa app to make quick, easy and secure payments with Masterpass QR. The interoperable QR (Quick Response) solution is now live and ready for Tigo consumers to use it at various stores, restaurants and retail outlets across the country. Tigo Pesa Masterpass QR
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that it has appointed Payhuddle Solutions, a payments consulting organisation, as the authorised distributor of its software products in India, Sri Lanka and Myanmar. As part of the new strategic partnership, Payhuddle will be responsible for
Ingenico Group has announced that its Axium D7 ECR-POS has achieved Google Mobile Services certification, making it the world’s first secure POS terminal to meet GMS requirements and properly run applications by Google. The certification demonstrates that a secure POS can offer a similar user experience to that of a smartphone or tablet. Google Mobile
15 African banks have signed up to SWIFT’s global payments innovation (gpi) service, the new standard for cross-border payments. Of these, four are already live – Standard Bank of South Africa, FirstRand Bank, ABSA Bank and Nedbank – and many others are preparing to go live on the service in 2018. SWIFT gpi is the
Digital loyalty service Loyalzoo has announced partnership in the US with payments industry leader Vantiv, now Worldpay. Using the Aevi open platform, Worldpay has rolled out SmartPay, a new line of smart terminal point-of-sale systems which now feature Loyalzoo’s loyalty software bundled on each terminal. Announcing the partnership, Worldpay’s Jon Pollock, SVP of Product Management,
EMVCo has created a QR Payment Mark to promote global interoperability across EMV QR Code payments. EMVCo has developed reproduction requirements and a free licensing structure to enable all implementers of EMV QR Code solutions to use the mark. QR Codes are two-dimensional machine-readable barcodes, increasingly used to facilitate mobile payments at the point-of-sale. In
Shoprite has announced the launch of Shoprite Money – a new mobile transactional banking service which is available to everyone in South Africa, even those without existing bank accounts. Using their Shoprite Money mobile wallet, this new service will enable customers to deposit, withdraw or send money as well as buy groceries at any of
FNB has announced that SMEs can now completely switch or open a new bank account in less than five minutes through selfie authentication and digital KYC on the FNB App. This paperless cheque account opening process uses biometric technology to validate the business and its owner, allows the SME to order and courier new cards,
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced the implementation of interchange functionality as part of the many features of its open development payments platform, TranzAxis. Instead of needing a separate module for the automation of interchange processes, TranzAxis now supports clearing and settlement
