Ooredoo to introduce Mastercard’s digital payment service in Qatar

Posted on by Staff Writer | 2637 Views | 4 min read

Telecommunications company Ooredoo has signed an agreement to offer Mastercard’s digital payment service Masterpass to its pre-paid and post-paid customers in Qatar. Masterpass has been designed to facilitate simple, convenient and secure digital payments during in-app, online or in-store purchases. The service will enable the telecom company’s customers to make secure transactions across various devices,

BankservAfrica Processes Record Volume of Electronic Transactions in March

Posted on by Staff Writer | 3399 Views | 2 min read

BankservAfrica, Africa’s largest automated payments clearing house, cleared the highest volume of electronic funds transfers (EFTs) on record in March of 89 million and at a value of R847 billion. Most of these were for EFT credits – payments – that represent 51 million in volume and a value of R778 billion, according to Shergeran

WorldRemit Partners with Lebara to Connect New Customers to its Money Transfer Service to Africa

Posted on by Staff Writer | 2557 Views | 11 min read

Lebara  and WorldRemit, two leading brands serving international residents, have entered into a strategic partnership making WorldRemit the exclusive global money transfer partner of Lebara, including transfers to over 40 African countries. The deal allows over 3 million Lebara Mobile and Lebara Money users to use WorldRemit’s digital money transfer service seamlessly, directly from the

KFC U.S. Partners with Ingenico Group to Simplify EMV Migration

Posted on by Staff Writer | 2740 Views | 7 min read

Ingenico Group, the global leader in seamless payment, has announced that the world’s most popular chicken restaurant chain, KFC, has migrated its payments system in the U.S. to Ingenico Group’s Telium Semi-Integrated solution to simplify its path to EMV card acceptance and to reduce PCI compliance scope while providing their customers with more payment options

$1 Billion in Transactions Processed on Ecobank Mobile App in Africa

Posted on by Staff Writer | 2761 Views | 11 min read

The groundbreaking Ecobank Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago. With over 4 million users, the Ecobank Mobile App is available to all, enabling users to open an Ecobank Xpress™ Account instantly on their

PayPal, Safaricom and TransferTo Announce Collaboration in Kenya

Posted on by Staff Writer | 3657 Views | 10 min read

PayPal and Safaricom announced a revolutionary collaboration that enables Kenyans to seamlessly move money between their M-PESA and PayPal accounts. The new service eliminates significant barriers that have hindered consumers and businesses in the country from taking full advantage of global eCommerce. “PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable

PayPal Heads Mobile Wallet Rankings as Users Forecast to Pass 2 Billion Next Year

Posted on by Staff Writer | 2590 Views | 8 min read

A new study from Juniper Research has found that nearly 2.1 billion consumers worldwide will use a mobile wallet to make a payment or send money in 2019, up by nearly 30% on the 1.6 billion recorded at the end of 2017. The study claimed that while contactless card payments were far more prevalent than

Mastercard appoints new Sub-Saharan Africa Division President

Posted on by Staff Writer | 2466 Views | 12 min read

Spurred on by the company’s steady growth in Sub-Saharan Africa and in line with its focus on investing in the continent, Mastercard has appointed Raghav Prasad as Division President for Sub-Saharan Africa. Prasad will strengthen the company’s ongoing commitment to delivering value to customers and consumers in Africa by leveraging technology to build stronger and

Ecobank Mobile App Reaches 4 Million Users Milestone in Africa

Posted on by Staff Writer | 2537 Views | 9 min read

The upgraded version of Ecobank’s mobile app has attracted 3 million new customers in just 6 months, taking the total number of users to 4 million. The app builds on the core functionality that saw the original version applauded as a game changer for African banking by using digital technology to combat many of the

Mastercard and Mada Partner to Enable Online Payment Transactions in Saudi Arabia

Posted on by Staff Writer | 2650 Views | 7 min read

Mada, Saudi Arabia’s domestic payment network, and Mastercard, a leading technology company in the global payments industry, announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a primary mode of payment on their