SASSA Statement on COVID-19 Grant Payment Delays

A delay in the payments of the COVID-19 social relief grant for the months of March and April 2021 is being experienced due to the transition in government financial years.  The end of March is the end of the financial year for government and various administrative tasks are required before any payments which relate to

Zemen Bank and Mastercard Partner to Launch Ethiopia’s First Contactless Platinum Mastercard Prepaid Travel Card

Zemen Bank has announced a partnership with Mastercard that will see the introduction of the first ever Mastercard branded prepaid contactless travel card in Ethiopia. Zemen Mastercard prepaid travel cards will enable cardholders to use cards with either of the two major currencies, namely U.S. Dollars and Euros, based on their travel destination. The card is also

Mastercard Unveils New Carbon Calculator Tool for Banks Globally, as Consumer Passion for the Environment Grows

New study of consumers in 24 countries shows the pandemic is prompting billions to consider more sustainable behaviors A large proportion of adults (85%) state they’re willing to take personal action to combat environmental and sustainability issues in 2021 New Mastercard feature enables banks to equip people with carbon footprint data and insights to help

Hamdok Hails the First Visa United Capital Bank (UCB) Card as A Symbol of Sudan’s Reintegration in Global Economy

The card issued by United Capital Bank (UCB), a leading bank in the market was presented to Hamdok by Yousif Ahmed El-Tinay, CEO and General Manager of UCB UCB is planning to launch more Visa products for a growing customer base; Sudanese banks attracted about US 500 million dollars following the recent decision on the

Ooredoo, Mastercard and QNB Announce the Launch of Mastercard Contactless Tap & Go and Virtual Prepaid Cards

Mastercard Virtual Prepaid Card enables immediate issuance of digital cards to enable safe and secure online payments Mastercard Contactless Tap & Go Cards allows customers to shop wherever you see the universal contactless symbol for an easier and safer checkout  Ooredoo Qatar, Mastercard and QNB have announced the launch of the first-of-their-kind Ooredoo Money Virtual

Worldline Achieves Mastercard “Enhanced Contactless” Certification on its New Contactless Standard

Worldline is proud to announce that the first terminal series supporting the new Ecos kernel have obtained certification from Mastercard. This includes the entire Telium Tetra platform. Worldline, the European market leader in payment and transactional services, is proud to announce that the company is the world’s first payments player to achieve Mastercard Enhanced Contactless

RBR | Banks Show Increasing Interest in Pooling and Sharing ATMs

Cost pressures are driving banks in more countries to consider pooling or sharing of ATMs, which offers deployers a way of maintaining access to cash while reducing operational costs Cashless payments continue to rise, but cash provision remains crucial RBR’s Global ATM Market and Forecasts to 2025 shows a prolonged decline in demand for cash

Women Entrepreneurs are Making Progress in South Africa, but Challenges Persist – Mastercard Index

While women entrepreneurs are making strides to overcome gender-related biases and advance their businesses in South Africa, they still face several structural and social obstacles, many of which have been exacerbated by the Covid-19 pandemic. This is according to the South African results of the latest Mastercard Index of Women Entrepreneurs Index (MIWE), announced on

Mastercard Completes Acquisition of Nets’ Account-to-Account Payment Business

Mastercard has completed its acquisition of the majority of the Corporate Services business of Nets, a leading European PayTech company, having met the conditions set out by the European Commission in its approval in August 2020. The additions to Mastercard will support a broader set of account-to-account capabilities, including clearing and settlement instant payment infrastructure,

Mastercard Partners with Hellopay to Bring Contactless Payments to South Africa’s Informal Economy

Hellopay to roll out Mastercard Tap on Phone technology, enabling small businesses to accept contactless payments using their NFC-enabled Android phone Hellopay, South African payments facilitator and the financial services arm of the Hello Group, and Mastercard today announced a partnership to roll out SoftPOS – a contactless acceptance solution that turns any NFC-enabled Android