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Zimbabwe’s Cattle Bank Takes Live Deposits

An innovative new banking idea is taking hold in Zimbabwe. At Zimbabwe’s first Cattle Bank you can deposit animals as collateral against cash loans. A large portion of rural Zimbabwe is Read More →

South Africans Highly Satisfied with Online Shopping – MasterCard Survey

The latest MasterCard Online Shopping Survey has revealed that a substantial 91% of South Africans who shop online are highly satisfied with their overall experience, a 4% increase from the Read More →

TNM and Escom Strike Mobile Payment Deal

TNM has sealed a deal with the Electricity Supply Corporation of Malawi (Escom) which will see TNM customers paying their Escom bills or buying electricity units through TNM Mobile Money Read More →

Safaricom Introduces Lipa Na M-Pesa Service

M-PESA, the flagship brand of the leading integrated communications service provider Safaricom Limited, has now set its sights on the medium and small entreprises with the launch of Lipa Na Read More →

Farmworkers Drive Increase in ATM Activity

Although latest cash withdrawal statistics released by Spark ATM Systems, indicate that the national average cash withdrawal values remained static during the month of May, ATM activity recorded at farming Read More →

MasterCard and EBC Introduce Egypt’s Mobile Payment Gateway

MasterCard, National Bank of Egypt (NBE) and Etisalat announced the launch of the mobile payment wallet in Egypt, which will bring Etisalat Egypt’s subscriber base safe and convenient payment services Read More →

Cross-Border Cheques to be Phased Out

Cross-border cheques and bank drafts within the Common Monetary Area (CMA) are being phased out with effect from 22 July 2013 and will no longer be accepted by any banking Read More →

eCentric Switch Partners with the PCI Security Standards Council to Improve Payment Data Security

eCentric Switch, a leading South African Payment Service Provider announced that it has joined the PCI Security Standards Council as a new Participating Organization. eCentric Switch will work with the Read More →

Drivers of Mobile Payment Adoption: Comparing Kenya and Tanzania

Professor Dan Horne, Chief Knowledge Officer at Gx, in conjunction with Dionne Nickerson of Providence College,  has recently published a white paper called ‘Understanding the Drivers of Mobile Payment Adoption: Read More →

TPA Automates Payment System

Tanzania Ports Authority (TPA) has automated its billing and payment system, a move that seeks to improve revenue collections and transform the authority’s operations to paperless. According to TPA’s Acting Director Read More →

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