Square, a point-of-sale company which developed credit card readers for the iPhone, iPad, and Android devices, has hired Gokul Rajaram, who was most recently the Product Director of Ads at Facebook, where he drove product development and execution for Facebook’s advertising products. As Square’s Product Engineering Lead, Rajaram will lead software development for Square Register, a
Ingenico a worldwide provider of payment solutions has entered into an agreement with Europe-based Nets to launch new payment solutions for small merchants. The new mobile Point Of Sale (mPOS) solution from Nets turns smartphones and tablets into secure payment terminals. Nets, in partnership with Ingenico, will provide a fully operated solution from the secured
New research from MasterCard shows that Europeans want to enjoy cashfree holidays. The survey shows how people across Europe prefer having their cards on hand on holiday, more than the rest of the year: 91% of them carry their cards while on holiday vs 60% at home and over half or 53% of those questioned would like to
Contactless payments technology continues to expand globally, and the number of NFC-enabled devices in use is expected to top 500 million next year according to ABI Research. Visa expects NFC and other chip-based technologies will help drive future payment innovations. Visa payWave, the secure contactless payment technology, helps cardholders speed through checkout without having to
The latest MasterCard Online Shopping Survey has revealed that a substantial 91% of South Africans who shop online are highly satisfied with their overall experience, a 4% increase from the 87% who said the same thing in the 2012 survey. A further indication of South Africans’ positive sentiment for online shopping is that 76% of
TNM has sealed a deal with the Electricity Supply Corporation of Malawi (Escom) which will see TNM customers paying their Escom bills or buying electricity units through TNM Mobile Money or mobile payment service also known as ‘Mpamba’. The signing ceremony took place at Protea RyaIls Hotel in Blantyre. Speaking during the ceremony, TNM Chief
Standard Bank Group has been acknowledged by the Financial Times as the Sustainable Bank of the Year award for Africa and Middle East. The FT/IFC Sustainable Finance Awards, now in their eighth year, have established themselves as the world’s leading awards for environmentally and socially responsible banking and investment. International Finance Corporation (IFC) is a
SecureKey Technologies Inc., a global leader in identity and authentication ecosystems, announced that its briidge.net™ DNA security software and briidge.net Enterprise authentication service have been integrated with MasterPass™, the new digital commerce platform from MasterCard®. SecureKey briidge.net DNA combined with Intel® Identity Protection Technology (Intel® IPT), provides MasterPass wallet holders and merchants with an additional
M-PESA, the flagship brand of the leading integrated communications service provider Safaricom Limited, has now set its sights on the medium and small entreprises with the launch of Lipa Na M-PESA- a campaign aimed at entrenching the use of its payment services as primary tool of transactions. Lipa na M-PESA is an umbrella service for
Visa launched a white paper recently called “Lessons from the music business – how to profit from next generation payments”. At Insights 13 in Cannes, Peter Ayliffe, CEO for Visa Europe talked about the need to embrace change, drawing on the example of the music industry. This is an industry which, instead of embracing the change
