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DPO Group Acquires PayFast in Major Deal for African Online Payments Sector

The acquisition of PayFast further extends DPO Group’s market lead in Africa

DPO Group, the leading African Payment Service Provider (PSP) has announced its acquisition of PayFast, one of Read More →

CBK Publishes Cyber Risk Guidelines for Payment Service Providers in Kenya

Pursuant to Section 31(2) (b) of the National Payment System Act, 2011 which empowers the Central Bank of Kenya to issue Directives and Guidelines, the CBK has developed a Cybersecurity Read More →

Standard Bank Launches SimplyBlu Digital Solution for SMEs

The launch of Standard Bank’s unique SimplyBlu digital solution powered by Mastercard could see thousands of South African small businesses crossing the ‘digital divide’ and entering the world of electronic Read More →

PayU Expands its Operations to Southeast Asia and Acquires Majority Stake in Singapore-based Red Dot Payment

PayU, the payments and fintech business of Naspers, has announced the acquisition of a majority stake in Red Dot Payment, a Southeast Asia focused online payment solutions provider. With this Read More →

SWIFT Publishes Paper on the Future of Payments

In Payments: looking to the future SWIFT challenges the community to revolutionise services and collaborate to bring this future closer. On the last day of the African Regional Conference (ARC) taking Read More →

PASA will be Reducing the Maximum Value for Writing a Cheque

After careful consideration and consultation with key stakeholders, PASA will be reducing the maximum value for writing a cheque from the current value of R500 000 to R50 000, effective Read More →

PayU Acquires Turkish Digital Payments Provider Iyzico

PayU announces the acquisition of iyzico – a digital payment services provider and one of the most hotly tipped fintech start-ups in Turkey – for $165 million. The acquisition, which adds Read More →

American Express Launches vPayment in South Africa

American Express has launched vPayment in the South African market, offering travellers and travel agents a safe, simple and reliable way to pay for their travel bookings. vPayment controls and streamlines Read More →

The Future of Payments: Top Technologies Leading the Way

As changes in consumer behavior continue being rapid in the banking sector, technologies such as big data, IoT, machine learning, and mobile devices remain highly disruptive on the market. Simultaneously, Read More →

Half the World’s Population to Use Digital Wallets by 2024, Juniper Research Study Finds

A new study from Juniper Research has found that the number of people using digital wallets will increase from 2.3 billion this year to nearly 4 billion, or 50% of Read More →

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