VeriFone Systems, Inc. has announced that five devices in its award-winning PAYware Mobile line of EMV- enabled mobile point of sale (mPOS) devices have been approved by the Visa Ready Program. The program is designed to ensure that devices, software and solutions used to initiate or accept Visa payments are compatible with Visa’s requirements. By
Vodafone M-Pesa – the mobile money transfer and payment service that has transformed the lives of millions of people in emerging markets – has come to Europe for the first time. M-Pesa, which launches in Romania today, will offer simple, safe and secure mobile money transfer and payment services to approximately seven million Romanians who
In a further move to fulfil international demand for its products and services, South African payment solutions provider Stanchion Payment Solutions has opened a European regional office based in London. The company’s entry into the European financial services technology sector follows a year after the opening of a Middle East and North Africa regional office,
SIA and Orange Business Services have signed a collaboration agreement that will enable European and extra-EU banks and merchants to manage payments via mobile point of sale (POS) terminals. More specifically, Orange Business Services will provide a managed M2M solution with global roaming services enabling remote terminals to automatically transmit data to the SIA technology
Global Payments, a provider of payment solutions, has announced that it will implement MasterPass, a digital payments service that allows consumers to use any payment card or enabled device for an enhanced shopping experience. The new service will provide Global Payments North American merchants the ability to offer their shoppers a convenient and flexible way
Gabriel Swanepoel recently posted some interesting insights into the commerce trends in South Africa on the Verifone blog. Here is a look at what he had to say: “If you were living in or visiting South Africa a decade ago, chances are most of your purchases would have been made by cash. Today, things are
The adoption of Mobile devices for POS transactions is exploding worldwide, as retailers and consumers alike get more accustomed to retailers asking for payment on mobile devices. According to IHL Group, shipments of new mobile POS device shipments are expected to grow more than 95% worldwide and will surpass 108% growth in North America in
As the mPOS customer moves upmarket, developed countries are embracing tablets as a substitute for traditional POS systems. This trend is offering merchants a digital payment option wrapped around target offers as well as data solutions that improve customer loyalty and enhances data assets. Conversely small merchants in emerging markets looking to expand their customer
South Africa-based Net1 Mobile Solutions (“N1MS”), a business unit of Net 1 UEPS Technologies, Inc. together with its long-time partner Supa Pesa, has expanded its Advance Airtime African footprint with the launch of TeleKom Networks Malawi (“TNM”) Airtime Credit service, Pasavute. Pasavute, which means ‘No worries’ in Chichewa, allows subscribers of TNM to purchase airtime
The Western Union Company, a leader in global payment services, has announced the launch of a new mobile money transfer service to Nigeria, which increases the reach of Western Union payout options in the country. The new service to Nigeria integrates directly with Paga, the leading mobile payment platform in Nigeria, with more than 1.2
