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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 →

RBR Reseach: Have Contactless Cards Become the Tool of Choice for Low-value Payments?

Contactless cards will account for 57% of payment cards worldwide by 2023 as issuers increasingly offer them as standard, and acceptance grows to reflect customer demand. Issuers offer contactless functionality to Read More →

G+D Mobile Security and IDEMIA Intend to Create the White Label Alliance to Define an Open Standard for Payment

Considering global market demand for independent and standardized payment solutions, G+D Mobile Security and IDEMIA announce their intention to create the White Label Alliance (WLA) to provide a new security Read More →

SARB Announces the Adjustment of Interchange Rates for Transactions Emanating from ATMs

The purpose of this communiqué is to announce the adjusted interchange rates for automated teller machines (ATMs). The South African Reserve Bank (SARB) annually reviews interchange rates for transactions emanating from Read More →

UnionPay International Partners with Steward Bank to Accelerate Financial Inclusion in Zimbabwe

UnionPay International announced today that the partnership with Steward Bank Limited (Steward Bank), which is the one of the largest banks in Zimbabwe, to issue 150,000 UnionPay international prepaid cards Read More →

Micros South Africa Signs Partnership Agreement with Westpay

Westpay, a leading provider of payment solutions, and Micros South Africa (Pty) Ltd have signed an agreement, forming a long-term partnership to bring world-class digital payment services and solutions to Read More →

FSS Makes Strategic Investment in Africa-based Ecentric Payment Systems

FSS (Financial Software and Systems), a global PayTech company, has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a leading payment processor in South Africa. Read More →

Enkryptis Leads the Way with New Key Injection Facility and Certification

Enkryptis, a specialist payment security provider in South Africa, has announced it has achieved the Payment Card Industry Point to Point Encryption (P2PE) and PCI PIN security certifications for their Read More →

SINNAD Migrates Processing Business to New Platform based on Compass Plus Products

Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced that SINNAD, a leading GCC third-party payment service provider based in Read More →

ABC Banking Corporation and UnionPay International Unveil ABC Banking QR Pay

In line with its long-term digital strategy, ABC Banking Corporation, the flagship banking arm of ABC Group, has officially launched the ABC Banking QR Pay on Wednesday 05th December 2018 Read More →

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