ZAZOO, a business unit of Net 1 UEPS Technologies, Inc., announced that it has partnered with UBER, the innovative smartphone technology that connects riders with drivers, in South Africa. ZAZOO’s revolutionary VCpayTM mobile application enables people who do not own credit cards to create virtual MasterCards that can be used to pay for the UBER
Equity Bank Kenya has announced the launch of a prepaid card in conjunction with MasterCard. The card, which is readily usable to pay for bus fare in Kenya in line with the recent government directives on cashless bus fare payment system is more than a travel card. It is an all-purpose card that will be
Bluefin announced that it will provide its Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to Heartland Payment Systems’ clients seeking a PCI-validated P2PE solution. Bluefin’s PCI-validated P2PE solution secures card transactions by encrypting all data within a PCI-approved point of entry swipe or keypad device, preventing clear-text cardholder data from being available in the device or
The CardLinx Association, the leading global organization promoting card-linking, has published the final versions of its first four standards to enable interoperability between the payments and digital marketing ecosystems. The standards have been developed by CardLinx Association working groups comprised of the leading global payment networks, merchants, banks, digital advertising publishers, payment processors, and card-linked
Visa Inc., the global leader in payments, announced that it is expanding the use of new security technology that replaces the traditional 16-digit Visa account number with a unique series of numbers, helping to prevent exposure of sensitive consumer account information in online and mobile payments. “In 2015, Visa will offer secure payments across a
Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions, announced that it has expanded its relationship with American Express to include support for fully localized American Express card purchases in Mexico. In combination with American Express, Digital River will process Mexican pesos and support consumer installment payment plans through its Digital River World Payments
SecureID Limited, an industry leader in smart card supply and personalization business, announces the launch of its new and first polycarbonate plant in Africa called SecureCard Manufacturing. This ultra modern plant focuses on the polycarbonate card body production and high security designs which confirms a successful fulfillment of another milestone in the backward integration of
Airtel Tanzania has unveiled a Near Field Communication (NFC) payment service, that enables holders of Airtel Money accounts settle bills using their cards. Airtel Money Director, Mr Aijaz Khan, said “technology is dynamic. It is key to keep up with emerging global trends by introducing innovative services that will suit the ever growing customer demands.
While consumers are very concerned about safety and security around electronic payments they also have a strong expectation that it should be convenient and fast to pay for what they want. This was a key point of discussion at a fraud and processing workshop hosted by MasterCard in Johannesburg. Addressing this, Johan Gerber, Group Head,
With only nine months until the EMV migration deadline, retail and technology professionals are still unprepared, according to a recent survey by ACI Worldwide. The survey of 200 retail industry professionals was conducted in January 2015 at the National Retail Federation’s 104th Annual Convention and Expo, “The Big Show,” in New York. Principle findings of
