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Mastercard and Jumia Expand Relationship to Accelerate E-commerce Growth in Africa

Jumia, the leading pan-African e-commerce platform, today announced that Mastercard has agreed, subject to certain conditions, to become an investor and form a strategic partnership to grow e-commerce operations and Read More →

The Acceptance of UnionPay to Reach 90% in Tanzania within 2019

UnionPay International recently announced that the achievement in partnership in acquiring, issuing, and mobile payment with National Microfinance Bank (NMB), one of the largest commercial bank in Tanzania. It is Read More →

Africa’s First UnionPay Payroll Card and Student Card Issued in Kenya

UnionPay has been an international payment brand recognised by local consumers and institutions. UnionPay International recently announced that the partnership to issuing the first ever 300,000 payroll cards and student 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 →

Vista Bank Selects Temenos to Power its Digital Transformation and Growth across Africa

Vista Bank chooses cloud-native, cloud-agnostic Temenos Infinity and Temenos T24 Transact to provide innovative, customer-centered banking services.

Vista Group, a challenger bank building itself into a world class pan-African Read More →

Network International’s Multi-Million Dollar Online Payment Gateway to Support MEA’s Growing E-commerce Sector

Network International, a leading payment solutions provider in the Middle East and Africa (MEA), aims to boost e-commerce acceptance in the region with the launch of a new, multi-million dollar Read More →

New Technologies Driving New Conversations on Payments and Demands for Access

Sixth Mastercard Digital Payments Study Highlights Social Media Trends Around the Increased Purchasing Power Available In the Palm of Our Hands.

Want to grab that purchase and go? You’re Read More →

SWIFT to Open The KYC Registry to Corporates

SWIFT announces that it is to open its world-leading Know Your Customer platform, The KYC Registry, to corporates. In a first step, from Q4 2019, all 2,000 SWIFT-connected corporate groups will Read More →

Access, Diamond Bank Says Not Worried About Telco Led Financial Inclusion

Kenya’s Safaricom, the telecommunication company that is driving the country’s financial inclusion through mobile money is bigger than most of the country’s banks. Investigation by Businessday revealed that some Nigerian banks Read More →

Regional Payment Systems can Boost Scale in sub-Saharan Africa

Evidence of a 5,000% increase in the volume of payments processed in the Southern African Development Community’s real-time gross settlement system (SADC RTGS) A number of forward-thinking national governments have realised Read More →

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