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American Express Launches vPayment in South Africa

American Express has launched vPayment in the South African market, offering travellers and travel agents a safe, simple and reliable way to pay for their travel bookings. vPayment controls and streamlines Read More →

Visa and Western Union to Bring Speed, Simplicity and Transparency to Global Payments

New collaboration to modernize global money movement for expedited cross-border money transfers.

Visa has announced a new strategic agreement with Western Union, a global leader in cross-border, Read More →

EMVCo Publishes EMV Secure Remote Commerce (SRC) Specification v1.0 and Payment Icon

The specification enables the creation of a virtual payment terminal and the icon facilitates easy consumer recognition of remote-checkout environments that offer a consistent card-based payment acceptance experience.

EMVCo Read More →

RBR Reseach: Have Contactless Cards Become the Tool of Choice for Low-value Payments?

Contactless cards will account for 57% of payment cards worldwide by 2023 as issuers increasingly offer them as standard, and acceptance grows to reflect customer demand. Issuers offer contactless functionality to Read More →

Apis and Crossfin-led Consortium Announces the Acquisition of Sureswipe

  • A consortium led by Apis Growth Fund I, a private equity fund managed by Apis Partners LLP, and Crossfin Technology Holdings, a fintech investment company announced today the acquisition Read More →

SARB Announces the Adjustment of Interchange Rates for Transactions Emanating from ATMs

The purpose of this communiqué is to announce the adjusted interchange rates for automated teller machines (ATMs). The South African Reserve Bank (SARB) annually reviews interchange rates for transactions emanating from Read More →

Aconite Technology Powers South African Discovery Bank’s Debit and Credit Card Launch

Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, Read More →

Mastercard Enables Banks and Merchants to Rapidly Innovate with New Digital Platform

The Mastercard Innovation Engine serves as a hub for the enablement of varying digital solutions, the first of which provides highly personalized and contextually relevant cardholder experiences

Mastercard has Read More →

uKheshe Life Card Launched Offering Hospital, Disability and Life Benefits

uKheshe, South Africa’s cheapest and most convenient QR cash card has announced the launch of uKheshe Life, a hospital, disability and life benefits card. Offering all of the features that Read More →

Mastercard and Edenred Announce First Biometric Card Trial in Mexico

Mastercard and Edenred has announced the first regional test of biometric card technology in Mexico. The effort, focused on state benefits programs, features an embedded fingerprint sensor that provides an Read More →

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