Groupon announced the appointment of Jeffrey Housenbold, president and CEO of Shutterfly, to the company’s Board of Directors. “We are thrilled to welcome Jeffrey to the Groupon board,” said Ted Leonsis, Chairman. “He brings tremendous expertise and energy, as well as a demonstrated history of innovation and leadership. We look forward to his perspective as Groupon
Mobile billing and messaging company, txtNation has worked with BuyGameCredit.com, enabling them to sell Xbox points and Gold Membership, using mobile payments. The points can be used to purchase Microsoft Xbox games, meaning this is a quasi-physical product, previously typically sold ‘physically’ in a retail environment. Working with the mobile network operators, txtNation were able
Fast-growing transaction authentication innovator Entersekt is an increasingly powerful catalyst for change in online security, both in South Africa and other parts of the world. Founded in 2008 by graduates of the University of Stellenbosch, the software provider is one of the country’s recent entrepreneurial success stories. Headquartered in the Cape Winelands, it employs over
Absa has committed more than R550-million to improve and enhance its ATM network and expand convenient self-service banking facilities for Absa and non-Absa customers alike. Absa operates the largest ATM footprint nationwide with more than 9000 conveniently located ATMs. The investment has ensured that all ATMs have enhanced functionality and industry-leading availability and uptime. Enhancements
About 32% of participants in a survey conducted on bidorbuy in September 2013 will do their Christmas shopping on a mobile device this year. Although the majority of online shoppers still prefer their computers, this shows that South Africans are becoming increasingly comfortable with buying on a cell phone or a tablet. As many as
ProPay, a TSYS company in merchant services, payment security and mobile payments, announced it was recently recognized as the top online payment service by merchants participating in the EcommerceBytes awards survey. ProPay achieved the highest overall score of all service providers with the highest scores for the following: Customer Service and interaction with merchants Account
Standard Bank Group has been awarded the 2013 Bank of the Year award from Africa Investor magazine. The award recognises their growth and performance, how their banking structure and strategy equips them for future developments in the market and their contributions to financial inclusion and economic development in Africa. Africa Investor is an influential niche
Equity Bank and PayPal announced that merchants in Kenya can now sell to PayPal’s global customer base of more than 137 million active accounts in 193 markets around the world and move the proceeds to their Equity Bank accounts. This new service allows PayPal users to withdraw funds to their qualifying Equity Bank accounts from
MasterCard announced that Sam Ahmed has been appointed to the role of group head, Marketing, Asia/Pacific, Middle East and Africa (APMEA), effective October 14, 2013. Based in Singapore, Ahmed will be responsible for the management of the region’s marketing teams, and will work to ensure that the company’s brand positioning is executed effectively. He will
ATMIA is pleased to announce that it has concluded an agreement with National Payments Corporation of India (NPCI) who will be Regional Sponsors in the newly established ATMIA India chapter. NPCI will promote ATMIA’s interest in the sub-continent which is the world’s largest democracy and one of its fastest growing and most promising economies. “Having
