What is an Internet Merchant Account? A standard Merchant Account is a facility established by a bank which enables a company to route money from credit card sales to an account which holds it before transferring it to the business’ own account. Any business which wishes to accept credit card payments must therefore have a
Small businesses now have a new way to drive repeat business and word of mouth marketing: the customer sales receipt. ShopKeep has announced Custom Email Receipts, a significant enhancement to its point-of-sale solution that hits the market just one week after a range of other upgrades targeted at bars and restaurants. Small Business owners can
Visa has announced the launch of Visa Checkout, a quick and easy payment service that enables consumers throughout the United States, Canada and Australia to pay for goods online, on any device, in just a few clicks. “As people around the world spend more time and money online, particularly using mobile devices, they are demanding
3dcart has partnered up with international pay-processor Interswitch which leads in governmental, organizational & ecommerce transactions in Nigeria as a payment gateway. Nigerian retailers will now be able to utilize 3dcart software and features in conjunction with Interswitch financial operations. Interswitch Limited is an integrated payment and transaction processing company that provides technology integration, advisory
At the Annual General Meeting (“AGM”) of Ecobank Transnational Incorporated, held at the Group headquarters in Lomé, all the ordinary resolutions were duly passed. This included the appointment of Mr. Emmanuel Ikazoboh as the Group’s new Chairman. An accountant by training, Mr. Emmanuel Ikazoboh has over 35 years’ experience of international business management and corporate
When four-time world surfski champion Dawid Mocke started gaining international interest in his line of personal flotation devices and other paddling gear, he quickly realised an effective e-commerce website and an easy-to-use payment gateway were essential. “We have a niche business in a fiercely competitive field and it’s essential to make the experience as easy
uAfrica.com, a leading South African eCommerce technology company, has announced the launch of the first phase of its expansion plan into the rest of Africa. The first phase targets Nigeria with a trial Proof of Concept (POC) partnership with MTN Business customers who will be able to develop their own online shops through uAfrica.com. Phase
ShopKeep, which is currently used in more than 10,000 small businesses, has described new features that were recently added to its cloud-based point-of-sale software. Together, they improve how full-service bars and restaurants accept payments and manage operations. “Bar and restaurant owners are not usually technologists, so all they want is a point-of-sale system that is
Allied Wallet, a globally leading provider of online payment processing, multi-currency merchant services, and a PCI Level 1 secured payment gateway, is awarded as Customized Payment Solutions Provider of the Year in the United States by Acquisition International. Allied Wallet was honored by Acquisition International for the innovative, state-of-the-art payment solution they provide for small
Nigerian payments company eTranzact has expressed its openness to deeper collaborations with local developers to produce better integrated payment systems that will operate at the standard of global payment systems such as PayPal. “Collaboration is key to the growth and development of better integrated payment systems for Nigeria,” the company said in a statement. “We
