Payment News

Fintech First to Offer International Trade Finance to SA’s SMEs

SA’s SMEs have not been able to easily access international trade finance. A local fintech spotted the gap and figured out how to offer international trade finance effectively to this Read More →

Standard Bank | 5 Advantages of an International Debit Card

Written by Head: SA Distribution for International Personal Banking at Standard Bank Spending in another currency can get expensive and complicated. Not all South African cards are accepted abroad, and those that Read More →

Platform Technology a Big Boost for the Democratisation of Payments

The concept of platforms is nothing new. Our railways, phone networks and even our shipping industry are all examples of networks which operate under agreed universal standards and can be Read More →

The Mauritius Commercial Bank Limited Signs a USD 20M Term Loan Facility with Bank of Kigali Plc to Support its Strategic Growth Objectives

The loan proceeds will be used mostly to fund their general corporate projects A USD 20M loan has been successfully signed between The Mauritius Commercial Bank Limited (MCB) ( and Bank Read More →

RBR | Convenience and COVID-19 Boost Contactless Spending

Concerns about coronavirus transmission has encouraged use of contactless cards and this trend will continue as contactless limits are increased and new habits become ingrained Contactless payments are increasingly the norm Read More →

SWIFT Launches SWIFT Go, a Fast, Cost-effective Service for Low-value Cross-border Payments

  • New service enables businesses and consumers to send payments in seconds with full transparency and strong security
  • SWIFT Go is a key building block in the co-operative’s strategy to Read More →

Invest Africa and Standard Chartered Private Bank Announce Strategic Partnership

The new one-year partnership provides further opportunity for the bank to demonstrate its commitment to private clients in Africa Invest Africa (, the leading business and investment platform for African markets, Read More →

Ecobank Group and Microsoft upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy

The leading pan-African banking group, Ecobank Group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Read More →

RBR | COVID-19 Hits Global EPOS Market with Investment Diverted to Self-service

Global EPOS shipments fell to 1.7 million, the lowest level since 2010, according to new research. However advanced point-of-sale technology continues to play a key role in retailers’ operations and Read More →

Transforming B2B Payments Could Help Africa’s Local Businesses Grow

By Clara Wanjiku Odero The World Bank estimates remittances to the Middle East and North Africa region rose by 2.3 percent to about $56 billion in 2020. However, global businesses that Read More →

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