The challenges faced by owners of electronic businesses in Nigeria will be discussed by stakeholders from various industries and sectors at the e-Business Fair organised by Connect Nigeria, an information search portal. Emeka Okafor, chief executive officer (CEO) of Connect Nigeria, said the goal of the fair is to raise public awareness on e-business and
The Kenyan government will roll out digital signatures in the next two months to ensure an online identity and verification system to enhance security for online transactions. Speaking at the African Internet Governance Forum (AfIGF) at the Multimedia University in Nairobi, Fred Matiangi, cabinet secretary of information and communication technology, said the digital certificates will
NCR Corporation the global leader in consumer transaction technologies, today announced it has signed a five-year technology services agreement with China Resources Bank of Zhuhai. NCR will provide hardware maintenance services for more than 200 units of NCR-branded automated teller machines (ATMs) installed at the bank to help drive higher availability and improve the bank’s
Capitec Bank reported an increase in headline earnings of R271m to R971m, for the six months to end August 2013, up 39% compared to the same period a year ago. Headline earnings per share for the period was up 20% to 844 cents, as growth per share was diluted due to the rights issue in
Heartland Payment Systems one of the nation’s largest and fastest-growing payment processors, and Bigcommerce, the leading e-commerce platform for innovative businesses, announced the launch of Heartland’s Online Storefront. The industry’s most comprehensive integrated e-commerce platform, Heartland’s Online Storefront enables merchants to launch their online stores in less than one hour or upgrade their existing e-commerce
One frequently overlooked business expense is credit card processing. Owners tend to grab the first offer they receive. Since it is typically only a small percentage of each sale, many business owners do not think twice about how much it costs them each month. If you’re still using the same credit card processing company you
MasterCard launched the Road to Inclusion, a report which shows preconceptions of the financially excluded are wide of the mark, based on a new financial inclusion study that is the largest of its kind. The findings were unveiled at the 2013 MasterCard Europe Prepaid Conference in Rome. The study took place across six European countries:
The global African diaspora currently consists of more than 30 million individuals. The International Fund for Agricultural Development (IFAD) estimates that these migrants jointly contribute about US$40 billion annually in remittances to their families and communities in Africa. With this potential in perspective, Diamond Trust Bank, in association with the Nation Media Group (NMG), has
A recent blog post by PayPal’s VP of risk management, Tomer Barel, hints towards an upcoming change in PayPal policy which will make it easier for crowdfunding sites to take payments through PayPal. In the post Barel says, ‘Crowdfunding sites are an exciting and innovative new way to directly connect entrepreneurs with the people who want
YSPay, one of the leading payment services providers in China, has rolled out a new mobile payments solution developed with Accenture. The solution allows YSPay customers – consumers, banks and merchants – to process payments with any type of mobile phone. The companies announced the launch of the solution at Sibos in Dubai. YSPay’s new
