GuestLogix Inc. a global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, announced that it has signed a ten-year agreement with NCR Corporation, the global leader in consumer transaction technologies. The purpose of the relationship is to significantly improve the way travelers are able to conduct transactions through
Wonga has announced the acquisition of BillPay, one of the leading online payment and financing platforms in German-speaking countries. The acquisition significantly accelerates our development into a broad-based, digital finance group and will also speed the development of our PayLater online retail product, together with the company’s international expansion. BillPay is a provider of e-commerce
African payments provider iVeri’s EMV chip-and-PIN mobile payments solution, MPress has been approved by the Visa Ready program. The approval applies for use within Visa Inc. territories. Visa Ready, introduced in February, 2013, is designed to provide innovators with an easy way to collaborate with Visa and quickly introduce Visa-compliant devices, software and solutions that
It is 11 years since the first mobile payment service was launched in Africa, and it is now transforming economies across the continent. However, in the first five years or so, it was a solution in search of problems, with a scattering of case studies showing how it could make a difference. Most people associate
Humanness, social contracting, and trust – these are the three key aspects that influence customer satisfaction and retention, according to the latest trends reported by the 2013 Ask Afrika Awards. The Ask Afrika Orange Index uses audited, independent research to measure service in South Africa. Capitec Bank, the winner of the overall Banking Industry Award, cites its recent investment of over R200 million
The Western Union Company, a leader in global payment services, together with Lottomatica and MasterCard announced the launch of the My WU® reloadable prepaid card in Italy. Lottomatica, the brand through which GTECH S.p.A operates in Italy, is one of the most trusted and well-known brands in Italy, is the first company in Europe to
There was a massive breach in South Africa’s banks last week resulting in tens of millions of rands in losses. The breach was caused by a malicious malware called Dexter which was unknowingly installed on the POS terminals of a number of fast food chains. It is believed that the malware was implemented by an
With the launch of the Pick n Pay smart shopper mobile app, customers can now access all the benefits of South Africa’s favourite rewards programme anytime. With about 12 million smart phones in circulation in the country, they¹re the one thing that many South Africans just can’t do without. With this in mind, Pick n
Absa Bank Limited and Absa Financial Services Limited, subsidiaries of Barclays Africa Group Limited, announced that Louis von Zeuner has resigned from the boards of Absa Bank and Absa Financial Services, with effect from the end of September 2013. Von Zeuner relinquished his full-time executive role as Deputy Chief Executive of Absa Group in December
Leading Regional East African retail chain Nakumatt Holdings Limited today launched the Nakumatt Global Prepaid MasterCard card, in partnership with Kenya Commercial Bank and Diamond Trust Bank. The new card, which is EMV compliant, replaces the current Nakumatt Cybercash loyalty smartcard and provides a range of enhanced benefits and security features. With the multicurrency Nakumatt
