More than 51 percent of South Africa’s informal enterprises have encountered strong customer interest in paying by card, yet around 90 percent of them continue to run as cash-only businesses. This is according to Insights into the Informal Economy Report, a Mastercard study released at the company’s Digital Indaba in Cape Town last week. Despite
More than 51 percent of South Africa’s informal enterprises have encountered strong customer interest in paying by card, yet around 90 percent of them continue to run as cash-only businesses. This is according to Insights into the Informal Economy Report, a Mastercard study released at the company’s Digital Indaba in Cape Town last week. Despite
Ingenico Group, the global leader in seamless payment, American Express and Crédit Mutuel-CM11 Group has announced the successful completion of a card payment acceptance proof-of-concept, based on the latest nexo-FAST terminal specifications, for both contact and contactless American Express card transactions. The pilot was developed on Ingenico’s latest generation Tetra terminals. nexo, created from the
The prepaid industry is now a truly worldwide market. Since launching in the mid-1990s in the US and the first programme in Europe in 1999, the popularity of prepaid cards has spread across the globe. Originally introduced as a more efficient replacement for paper gift certificates, prepaid now represents a payment category that spans a
In celebration of the Final Draw for the 2018 FIFA World Cup Russia™, Visa (NYSE: V), the Official Payment Service Partner of FIFA, released travel and spending data for the 2018 FIFA World Cup. Throughout official FIFA venues, Visa will enable a cash-free fan experience by implementing point-of-sale terminals that accept a Visa credit or
In celebration of the Final Draw for the 2018 FIFA World Cup Russia™, Visa (NYSE: V), the Official Payment Service Partner of FIFA, released travel and spending data for the 2018 FIFA World Cup. Throughout official FIFA venues, Visa will enable a cash-free fan experience by implementing point-of-sale terminals that accept a Visa credit or
When we talk about payments technology in Kenya, we usually start with the mobile device. There is no doubt that mobile is a successful tool for offering access to financial services and a viable alternative to making payments with cash, however, mobile isn’t a silver bullet. Whilst the increase in mobile transactions is compelling, cash
Visa has launched Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit and pre-paid accounts at the fare gate or on a bus reader, speeding up and creating a more convenient experience for mass transit commuters worldwide. “Visa is the best way to pay and be paid everywhere and
Visa has launched Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit and pre-paid accounts at the fare gate or on a bus reader, speeding up and creating a more convenient experience for mass transit commuters worldwide. “Visa is the best way to pay and be paid everywhere and
RBR’s latest research shows that issuers in Europe are taking advantage of the wider acceptance enjoyed by Mastercard and Visa by upgrading Maestro and Visa Electron cards. Switching to Mastercard and Visa main schemes increases usage According to RBR’s new study, Global Payment Cards Data and Forecasts to 2022, issuers in Europe are continuing to
