Mastercard Partners with Billetera to Offer Cutting-edge Digital Payment Solutions in Democratic Republic of Congo

Posted on by Staff Writer | 8346 Views | 15 min read

Millions of unbanked and financially excluded residents in DRC to gain access to formal financial and digital services   Mastercard’s technology to enable development of diverse digital payment solutions   Partnership is aligned with DRC’s National Digital Plan (NDP)  Mastercard has partnered with Billetera – a digital payments technology company headquartered in Kenya – to

Mastercard New Payments Index: UAE Consumer Appetite for Digital Payments Takes Off

Posted on by Staff Writer | 3765 Views | 28 min read

97% of consumers in the UAE are considering emerging payments such as wearables, biometrics, digital wallets and currencies, and QR code, in addition to Contactless, according to the Mastercard New Payments Index Almost 90% of UAE consumers have access to more ways to pay compared to this time last year   3 out of 4 UAE

One Billion Additional Touch-free Visa Payments Made as Consumers Embrace Contactless Commerce

Posted on by Staff Writer | 5044 Views | 13 min read

Less than a year since contactless limits increased across Europe, Visa has hit one billion additional touch-free transactions, 400 million of which took place in the UK. Consumers and merchants are increasingly turning to contactless payments as a secure and seamless way to shop – two thirds (65%) of consumers say they would prefer to

FSS and Zwipe to Offer Next-Generation Contactless Cards Globally

Posted on by Staff Writer | 3307 Views | 11 min read

FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payment processor, is to collaborate with Zwipe to bring next generation contactless payment cards to issuers globally. Zwipe is a payment FinTech recognized for having pioneered the development of biometric payments and has delivered many successful pilots around the world.

Mastercard Announces Appointment of Shehryar Ali to Sub-Saharan Africa Leadership Team

Posted on by Staff Writer | 4001 Views | 6 min read

Mastercard has announced the appointment of Shehryar Ali as Country Manager for East Africa. With more than 19 years of experience driving financial and digital solutions in the region and working in well reputed banks in Africa & Asia, Shehryar brings with him a wealth of experience. He will be based in Mastercard’s regional head

GTBank Partners with UnionPay International to Accept UnionPay Cards for Transactions

Posted on by Staff Writer | 5189 Views | 6 min read

Guaranty Trust Bank (Ghana) Limited and UnionPay International have signed a Memorandum of Understanding (MoU) to mark a partnership which will grow the footprint of UnionPay cards acceptance on the bank’s digital channels. The MoU was signed by the Chief Operating Officer of GTBank, Ayokunle Yusuf, and General Manager, Africa branch of UnionPay International, Luping

HSBC Switches to Recycled Plastic Payment Cards

Posted on by Staff Writer | 3222 Views | 17 min read

Transition will reduce CO2 emissions by 161 tonnes a year, and save 73 tonnes of plastic per year HSBC is announcing a new programme to introduce sustainable payment cards across all its global locations. By the end of 2026 it will eliminate single-use PVC plastic, in favour of recycled PVC plastic (rPVC). The programme –

Mastercard Track™ Business Payment Service Welcomes HSBC UAE as Part of Mission to Help Modernise the Middle East and Africa’s B2B Payment Ecosystem

Posted on by Staff Writer | 3610 Views | 6 min read

HSBC launches Mastercard Track™ Business Payment Service for commercial customers in the UAE Technology leader Mastercard continues to deliver on its promise to modernise business payments worldwide and across the Middle East and Africa region, announcing a new partnership with HSBC that will provide the bank’s commercial customers in the UAE with an enhanced business-to-business payment

Mastercard Recovery Insights: E-commerce a COVID Lifeline for Retailers with Additional $900 Billion Spent Online Globally

Posted on by Staff Writer | 3934 Views | 11 min read

As COVID-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest Recovery Insights report, this amounted to an additional $900 billion being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up roughly $1 out of

Crossfin Ventures Invests in SA’s First Gold-backed Savings Account, Debit Card

Posted on by Staff Writer | 4384 Views | 13 min read

Crossfin Ventures, the angel investment arm of Crossfin Technology Holdings, has announced its investment in Troygold, a South African fintech enabling gold owners to digitise physical gold and use it for day to day transactions via a mobile app and gold-backed Mastercard. Crossfin Ventures chief operating officer Anton Gaylard says they were attracted to Troygold