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Fintech Helps Control Medical Costs for you and your Staff with a Medical Savings Card

Between 70 - 80% of employed South Africans cannot afford medical aid and do not always have cash readily available to pay for unexpected medical expenses. Increasingly, employers are unable Read More →

Europeans Spend €4 trillion Per Year on Payment Cards

Expenditure on European payment cards has grown by a third since 2014 to reach €3.9 trillion, as cards are used increasingly for everyday purchases Rapidly risingusage spurs card spending RBR’s latest research, Read More →

Tribunal Approves RCS Credit Lender’s Acquisition of Edcon Book Debt

The Tribunal has approved two large merger transactions through which RCS Cards (Pty) Ltd – an unsecured credit lending provider – will acquire a portion of Edcon Limited’s book debt Read More →

Banking MCB launches Visa Signature card in Mauritius

MCB becomes the first bank in Mauritius to launch the Visa Signature card in Mauritius. This card entitles to several benefits in Mauritius and around the world
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Discover Remains The Most Widely Accepted Card Scheme Worldwide

The influence of China on global card acceptance is shown by the fact that Discover is accepted at more outlets than Visa and Mastercard as a result of agreements with Read More →

UnionPay Cards Now Accepted at all Makro Stores across South Africa

UnionPay International in partnership with Standard Bank and the food, liquor and general merchandise retailer, Makro, have jointly announced that all 22 Makro stores will be accepting UnionPay cards at Read More →

Standard Bank Launches the First SHYFT UnionPay Card to South African and Chinese Clients

While thousands of South Africans travel to China each year for leisure and business purposes, transacting in the country can be a frustrating experience. The limited acceptance of other international Read More →

Crossfin Ventures Backs Mobile Wallet Platform My-iMali

Integration of mobile wallet with debit card a ‘holy grail’ for displacing cash, creating financial products for informal market. African fintech holding company Crossfin has made a strategic investment into mobile Read More →

Travelex Expands ATM Acceptance to Major Global Payment Schemes with TNS

Travelex, a Finablr company and a market leading foreign exchange specialist, has announced a new agreement with Transaction Network Services (TNS), a leading global provider of data communications and interoperability Read More →

FNB Launches Easy Zero, a No Monthly Fee Digital Account With a Card

FNB has launched Easy Zero, a fully-fledged digital bank account with a card to allow customers to transact easily, conveniently and safely without paying a monthly fee. The Read More →

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news for payment professionals

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