Planet Payment and ACI Worldwide Launch UnionPay International’s SecurePlus

Planet Payment, Inc., a leading provider of international and multi-currency payment processing services, and ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced the launch of UnionPay International’s SecurePlus, the latest in UnionPay’s solution set, that will now enable the acceptance of UnionPay debit and credit cards online, with several

Guaranty Trust Bank Launches the GTBank Mastercard

With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank (Uganda) Ltd (GTBank) officially launched the GTBank Debit Mastercard in Uganda in June. The bank is the first issuer of Mastercard in Uganda, signalling a key milestone for the country. There are three GTBank Debit Mastercards

Guaranty Trust Bank Launches the GTBank Mastercard

With focus on building a stronger financial payment sector and ensuring all citizens are financially included, Guaranty Trust Bank (Uganda) Ltd (GTBank) officially launched the GTBank Debit Mastercard in Uganda in June. The bank is the first issuer of Mastercard in Uganda, signalling a key milestone for the country. There are three GTBank Debit Mastercards

Cashless Payments On The Cards For Gauteng Commuters

The Gauteng Provincial Government will in the next three months introduce a pilot project for a single e-ticket for public transport users. A similar card-based pilot project was introduced in Pretoria last year by the South African National Taxi Council (Santaco) for minibus taxi commuters on the Johannesburg, Pretoria and Mabopane (JPM) route. However, according

Payments Industry Launches New Type Of Debit Order

Over the last few years there has been a significant increase in debit orders processed to bank accounts without permission (a mandate) from consumers. On the other hand, irresponsible consumer behavior, where bank customers are disputing debit orders that do have valid mandates, at their banks, has also become a huge concern for the industry.

Uneasiness Over SASSA Card Expiry As ConCourt Appoints Panel Of Experts

The South African Social Security Agency (SASSA) continues to receive queries about the expiry date of its payment cards and implications thereof from beneficiaries of social grants. The expiry date reflected in the current SASSA card is December 2017. We wish to put it on record that no beneficiary of social grants will be affected

EMVCo Reports 6.1 Billion EMV Chip Payment Cards in Global Circulation

Official figures of aggregated data published by technical body EMVCo show that by the end of 2016, the number of EMV payment cards in global circulation had increased by 1.3 billion in the previous 12 months to a total of 6.1 billion. The data also highlights that 52.4% of all card-present transactions conducted globally between

EMVCo Reports 6.1 Billion EMV Chip Payment Cards in Global Circulation

Official figures of aggregated data published by technical body EMVCo show that by the end of 2016, the number of EMV payment cards in global circulation had increased by 1.3 billion in the previous 12 months to a total of 6.1 billion. The data also highlights that 52.4% of all card-present transactions conducted globally between

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

United Bank for Africa (UBA) announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens – instantly. In line with its strategic vision, UBA is introducing innovative payment

Going Cashless in Cameroon Made Easy with Launch of the UBA Debit Mastercard

United Bank for Africa (UBA) announced the rollout of the Debit MasterCard card in Cameroon in support of financially empowering all citizens. Focused on displacing cash, the electronic payment solution will deliver a quick, convenient and secure payment alternative for all citizens – instantly. In line with its strategic vision, UBA is introducing innovative payment