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
JetPay Corporation, a leading provider of debit and credit card processing, payroll and prepaid card services, announced that it has added Ingo Money as a new and convenient funding method to its Money Access Card (MAC) Prepaid Visa. Consumers download the Ingo Money mobile app directly to their Android or iPhone device. Following enrollment, they
EXIM Bank Tanzania has introduced Faida EMV Debit Card to replace the existing Magnetic Stripe Card, in a move designed to enhance the bank’s transactions. Faida EMV Debit Card provides enhanced security through an embedded chip that processes the customer’s data with unparallel security and hence making it virtually impossible to copy or tamper with.
INSIDE Secure, a leader in embedded security solutions for mobile and connected devices, announced that they have entered into an agreement with Entrust Datacard to participate in their Card Validation Program (CVP). As smart cards are subjected to various processes prior to issuance, issuers want assurance that they will not encounter problems that could slow
Fiserv, Inc., a leading global provider of financial services technology solutions, launched CardValet, a mobile card management application that helps financial institutions improve cardholder engagement and reduce fraud losses by allowing cardholders to monitor and control how, when and where their cards are used. “Mobile cardholder account controls, a new best practice in card management,
The State Government of Gujarat and MasterCard have signed a Memorandum of Understanding (MOU) for strategic cooperation to accelerate the adoption of electronic payments processes involving government, businesses, as well as the transit and tourism industry. The MOU aims to improve access to money and create improved transparency, efficiency and speed in payments that would
Heartland Payment Systems, one of the nation’s largest payment processors, announced it is the first company to offer a comprehensive warranty that protects businesses from payment card breach losses in the event of a breach. Heartland’s breach warranty is offered at no charge to its Heartland Secure™ merchants in the first year and can be
Commerce Bank is introducing toggle, an industry first innovative set of payment features that improves the way customers can manage their spending and borrowing. toggle allows consumers greater personal control of their finances with free tools that let them manage both their everyday spending and larger purchases all on one card. “Customers today are looking
