Verve Hits 70 Million Payment Cards in Nigeria, Consolidates Market Leadership

Posted on by kara | 8639 Views | 17 min read
Verve

Verve International, Africa’s first and largest domestic payments scheme and an emerging reference point in the burgeoning realm of domestic payment schemes globally, has again announced another remarkable new growth milestone, further consolidating its growing market share in Nigeria in terms of payment card issuance and transactions. Verve Payment Cards in Nigeria, Africa’s largest consumer

Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Posted on by kara | 10108 Views | 12 min read
Mastercard and Amazon

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – a single touchpoint for

Kazang Pay Launches Card Acquiring Service in Zambia

Posted on by kara | 10240 Views | 11 min read
Kazang Pay

Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched its Kazang Pay card acceptance solution for merchants in Zambia. Kazang Pay makes it affordable for merchants to accept card payments on the same Kazang terminal they use to sell prepaid products and services. The Kazang Pay enabled

Stanchion: Embracing the Future of Card Issuance Innovations

Posted on by kara | 7624 Views | 32 min read
Stanchion

Originally published here. A customer’s worn-out debit card has just expired. Ordering a new card is the moment the customer has been dreading. Between the expected branch visits, identity verification and long delivery times for the replacement card, it’s a time sponge. That’s why digital-first customers are looking for a different experience. If customers switched

4 Secrets of a Successful Omnichannel Acquiring Platform – OpenWay

Posted on by Staff Reporter | 10217 Views | 4 min read
acquiring

How do we know if an acquirer has found the secret ingredients for merchant satisfaction? Consider Nexi in Europe, whose portfolio of POS and e-commerce merchants grew from 1 million to 2 million in less than five years. Another example is SmartPay in Asia, which connected 700,000 merchants to its wallet and QR payments in

Payment Rails: A Guide to South African Payment Systems – Stitch

Posted on by kara | 10005 Views | 46 min read
Payment Rails

Payment rails can be global or local in nature, and different options might be preferred for different businesses, depending on what their payments needs are and what they’re looking to achieve as a business. In this guide, we look at the existing payment rails in South Africa and how they work together. The payments landscape

Paymob and Shopify Join Forces to Accelerate Embedded Payments Opportunity in MENA

Posted on by kara | 11745 Views | 9 min read
Paymob

Paymob, a prominent financial services enabler in the MENA region, has announced the launch of its new embedded checkout experiences for merchants, marking a significant extension of its partnership with the commerce platform Shopify. This new initiative is set to revolutionise the way merchants handle transactions, providing them with advanced card and wallet payment options

Waafi by Salaam Bank Taps Paymentology to Enable Somalia’s Contactless Payment Vision

Posted on by kara | 11880 Views | 10 min read

Paymentology’s cloud-first card issuing, and analytics platform powers Waafi by Salaam Bank to launch digital and physical cards across Somalia Paymentology, the leading global issuer-processor, proudly announces its partnership with Salaam Bank’s Waafi, on the launch of its co-branded tokenised tap-to-pay digital companion card, and physical card, for Waafi mobile app users in the Horn

Salaam Somali Bank and Mastercard Launch Innovative Digital-First Multi-Currency Prepaid Card

Posted on by kara | 23416 Views | 9 min read

In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank, in collaboration with Mastercard, has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. This strategic collaboration aims to cater to the growing needs of international travellers and diaspora communities by providing secure and convenient means

I&M Bank and Mastercard Launch Business Credit Card Proposition to Transform Business Expenses Management

Posted on by kara | 11240 Views | 14 min read

I&M Bank has collaborated with Mastercard to launch the new Business Credit Card proposition, a comprehensive financial tool designed to help businesses manage day-to-day expenses more effectively and support global operations. This initiative marks another longstanding engagement between I&M Bank and Mastercard. The Business Card proposition comprises the Business Credit Card and the World Business