Applications Open for the Visa Africa Fintech Accelerator Program

Startups building in fintech and payment space in Africa are encouraged to apply through the Visa website for a chance to access training, connections, technology, and investment opportunities Visa, the leading global payments technology company is now accepting applications for start-ups to participate in the first cohort of the Visa Africa Fintech Accelerator program. The

Verifone’s Digital Commerce Platform Wins Best Payments and eCommerce Conversion Solution

Verifone, the payments architect shaping ecosystems for online and in-person commerce experiences, today announces that its platform for digital commerce has won the Best Payments Solution and Best eCommerce Conversion Solution categories at the annual 2023 SIIA CODiE awards. SIIA CODiEs are the industry’s only peer-recognized awards program, annually awarding pioneers and innovators in the

Ecobank Wins Coveted Euromoney Award as Africa’s Best Bank for SMEs

Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This award reflects Ecobank’s absolute commitment to supporting African SMEs

Tigo, Selcom and Mastercard Partner to Launch Online Digital Payment Solution in Tanzania

All Tigo Pesa customers in Tanzania, can now make online payments globally with their Mastercard Virtual Card. Tigo Tanzania, Selcom and Mastercard Inc. have announced a strategic partnership that will see the three industry leaders revolutionize the digital payment ecosystem by enabling convenient online payments globally through the Tigo Mastercard virtual service via the Selcom’s card-as-a-service

How Banks Can Compete in an Evolving Payments World

The right strategy and the right partners help banks modernize offerings to commercial customers securely, compliantly – and more quickly than with internal development projects. Banks and businesses have a long history of partnership. Businesses rely on banks for essential needs, such as managing accounts, opening lines of credit, and offering payment options like ACH

How Payment Processors Catch Digital White Rabbits

Neobanks and fintechs act very similarly to the White Rabbit from Wonderland. Soon after entering the scene, they start falling down the rabbit hole of payment innovations, user expectations and rigid time-to-market. Also, they are very picky when choosing a travelling companion. Alice had to try many potions and tricks to fit herself to a

Transforming Legacy Systems and Processes to Sharpen Your Edge in Payments

Written by David Smith, CEO WeDo Help Limited The payments sector is ripe with growth opportunities, but winning in this market takes speed, agility and a relentless focus on the customer experience. Yet all too many financial services companies are running on legacy technology stacks that aren’t up to the challenges of today’s dynamic market.

Network International Announces On-Soil Payment Platform for Southern African Clients

Digital payments leader Network International reaffirms its commitment to South Africa with ZAR 500 million investment in deploying its processing capabilities locally; building on ZAR 3.5 billion acquisition in Payfast. Middle East and Africa, digital payment leader, Network International, has announced that its state of the art cloud-based, integrated payment suite for merchants, banks, fintechs

Payfast Rebrand Brings PayGate and SiD Under One Roof

South Africa’s leading payment gateway provider Payfast has undergone a major rebrand. Having joined forces with PayGate and SiD under Network International, the company has created a new home for its consolidated offering. With a renewed focus on enabling growth – for the brand, its merchants, and the broader ecommerce industry – this milestone represents

Mastercard and PayFast Continue to Support Small and Medium Sized Enterprises (SMEs) Through Priceless Possibilities

Mastercard’s partnership with payment gateway, PayFast, increases Priceless possibilities by supporting SMEs within the PayFast ecosystem Consumers who pay using their Mastercard card, Masterpass or any other Masterpass-enabled banking app at any PayFast online checkout point stand a chance to win R10000  For the second consecutive year, Mastercard and PayFast have partnered to support SMEs,