Mahindra Comviva Announces Global Launch of its MPOS Solution

Posted on by wademinnie | 12906 Views | 10 min read

Mahindra Comviva, a provider of mobile financial and VAS solutions, announced the global launch of its payPLUS solution, powered by its award-winning mobiquity® platform. An integrated payment solution, payPLUS works as a one-stop-shop for all requirements of businesses and enables merchants – small and medium businesses and service professionals, to convert their mobile phone into a Point-of-Sale (MPOS) device and drive

Airtel Money Facilitates Civil Servants’ Access to Salaries in DRC

Posted on by wademinnie | 15866 Views | 10 min read

‘Airtel Money’, Bharti Airtel’s mobile money platform, is making a mark in the Democratic Republic of Congo with the government embracing it to make large-scale salary payments from December last year. Now, civil servants including the military, the police force, pensioners and other civil servants can receive payments on their mobile phones. Louis Luballa, the Managing Director

Nigerian Metropolitan Transport to Upgrade to e-Ticketing System

Posted on by wademinnie | 11591 Views | 13 min read

The many hiccups in the use of paper tickets on the Bus Rapid Transit (BRT) and Bus Franchise Scheme (BFS) will be eliminated with the soon-to-be-deployed e-ticketing system, Dr. Dayo Mobereola, Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA) has assured. The pilot scheme commenced on Monday 6th June 2011. Speaking at a stakeholder meeting

Datacard Group Strengthens Presence in Latin America

Posted on by wademinnie | 7220 Views | 5 min read

Datacard Group, a leader  in secure ID and card personalization solutions, announced the opening of its new office in São Paulo, Brazil.  With the dedicated local office, Datacard Group shows continued commitment to better serve customers and channel partners in the region. The office, which includes  a large  customer  and  demo area and houses a

Interswitch Signs Strategic Alliance with UnionPay

Posted on by wademinnie | 17314 Views | 8 min read

Interswitch Transnational, a leading pan-African integrated payments company with operations in Nigeria and a growing presence in West and East Africa, announces that its Switching and Processing division (“Interswitch S & P”) has completed an acceptance and acquiring third party payment processing integration with UnionPay International. As a result of this integration, UnionPay cardholders from

FNB Online Ranked Top for Internet Banking 2nd Time in a Row

Posted on by wademinnie | 9634 Views | 6 min read

FNB’s online banking platform has once again walked away with top honours in the 13th edition of the PwC survey on banking in South Africa 2013. This follows on the previous PwC survey in 2011, where FNB was also awarded first place. “The banking industry is dynamic and has evolved significantly since our last survey

Nigeria’s Access Bank To Focus On Retail Business

Posted on by wademinnie | 10936 Views | 6 min read

Nigeria’s Access Bank aims to grow its customer base to 15-20 million across its African markets by 2018, from around 6 million now, as it shifts its focus to retail banking. Its incoming chief executive, Herbert Wigwe, who takes over at the end of the year, said retail banking will account for around 50 percent

TSYS Completes Acquisition of Texas Based NetSpend $1.4bn

Posted on by wademinnie | 15904 Views | 10 min read

TSYS and NetSpend Holdings, Inc. announced that TSYS has completed its acquisition of NetSpend. NetSpend is now a wholly owned TSYS subsidiary and TSYS’ fourth operating segment focusing on direct to consumer products and services. NetSpend will continue to be led by chief executive officer Dan Henry and president Chuck Harris. The segment will report

MoneyGram Signs Money Transfer Agreements with Tanzania and Uganda Post

Posted on by wademinnie | 14949 Views | 6 min read

MoneyGram, a leading global money transfer company, announced that it has signed agreements with Uganda Post Limited (Posta Uganda), and Tanzania Posts Corporation (Posta Tanzania), the most extensive providers of postal services in their respective countries. In Uganda, where the population nears 33 million and inward remittances are estimated at nearly 775 million, according to

ReD and Peach Payments Partner to Offer Fraud Solution for African Online Merchants

Posted on by wademinnie | 15027 Views | 9 min read

ReD, a leading fraud prevention provider, has announced a new 5 year global partnership agreement with Peach Payments, to provide the ReD Shield® online fraud prevention service to ecommerce merchants in the high growth markets of Africa and India. Peach provides payment solutions to online and mobile businesses and specialises in supporting payments in the African