Online Payments

SA Fintech Mama Money Grows 500% During the Pandemic

Mama Money, a South African based money transfer company that makes it easier and cheaper to send money to more than 50 countries using just your phone, saw growth of Read More →

BankservAfrica Selects TCS BaNCS™ to Drive South Africa’s Rapid Payments Program

Tata Consultancy Services (TCS) has been appointed as the technology provider for South Africa’s payments platform build for the Rapid Payments Programme (RPP). By joining forces with TCS, BankservAfrica will evolve Read More →

New Automated Clearing House goes Live in Zimbabwe

Finteq Africa is proud to announce the recent go-live of their flagship product, FCH. This is an ISO 20022 EFT Clearing House solution, deployed into the Zimbabwe financial industry through Read More →

Mastercard and MTN Empower Millions of Consumers in Africa to Make Payments on Global Platforms, Advancing Digital Financial Inclusion

  • Partnership will enable millions of MTN customers to pay on global online platforms with a Mastercard virtual payment solution linked to MTN MoMo wallet
  • Mastercard’s technology will enable new Read More →

Zapper | High-value Vs Low-value Payments – Making Checkouts Count

Getting customer insight and loyalty from each and every transaction The pandemic has shocked local businesses into action when it comes to transitioning from offline to online. While many have managed Read More →

Net1 Appoints Lincoln Mali as Southern African CEO

Net 1 UEPS Technologies, Inc. has announced that it has appointed Lincoln Mali as Chief Executive Officer of Net1 Southern Africa, a new position for the company. A highly accomplished financial Read More →

PayFast Launches New Funding Service in Partnership with Retail Capital

Online payment gateway, PayFast has launched a new merchant-financing service in partnership with local fintech lender, Retail Capital, called Easy Advance. The service is designed to help merchants leverage short-term Read More →

Zapper Eliminates Need for QR Code on PIN Entry Device for Leading Retailer

Simple and effective solution solving complex and expensive problem QR codes have been a huge hit with smaller traders, especially in the hospitality industry, weekend markets and owner-run businesses. Zapper’s continued Read More →

SWIFT Community Update – Focus on South Africa: Technology Evolution: Delivering the New SWIFT Platform

Sending payments across borders requires high levels of collaboration, communication, and trust. And that experience should be as straightforward, simple, and secure as possible. By transforming the SWIFT platform to Read More →

The Ocean on 76 Group Makes Inroads Into Digital Banking

Ukheshe, a digital fintech platform provider, has announced the appointment of Prins Mhlanga, CEO of Ocean on 76 Group, as a non-executive director. Since launching two years ago, Ukheshe has Read More →

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