New mCommerce platform enables mobile order and pay in retail stores by leveraging existing infrastructure. South Africa’s hyper-competitive hospitality and quick-service restaurant industry has just received a shake-up with the launch of Woolworths’ innovative NOW NOW concept, powered by mobile transacting technology specialists wiGroup. NOW NOW is built on a new mcommerce solution developed by
Visa has released the fourth edition of its Africa Integration Index at the World Economic Forum in Durban. Titled Connecting for Growth, Economic Inclusion & Prosperity, the research expands on previous editions to include more countries, covering 75% of Africa’s population and 85% of its output. Assimilating country and industry data, together with information proprietary
Cash cost consumers R23 billion or 0.52 percent of the country’s Gross Domestic Product in 2015, according to a new Mastercard study released at the World Economic Forum on Africa. These costs are disproportionately carried by low-income earners, serving as a major barrier to financial inclusion. Despite an increase in the number of banked adults
Cash cost consumers R23 billion or 0.52 percent of the country’s Gross Domestic Product in 2015, according to a new Mastercard study released at the World Economic Forum on Africa. These costs are disproportionately carried by low-income earners, serving as a major barrier to financial inclusion. Despite an increase in the number of banked adults
The theme of this year’s World Economic Forum on Africa is “Achieving Inclusive Growth”. This is part of the response by global leaders to the urgent need to reduce inequality and increase inclusion in the international economy. The centrality of the banking sector to economic activity makes this a particularly important theme. This year’s theme
The theme of this year’s World Economic Forum on Africa is “Achieving Inclusive Growth”. This is part of the response by global leaders to the urgent need to reduce inequality and increase inclusion in the international economy. The centrality of the banking sector to economic activity makes this a particularly important theme. This year’s theme
South African eCommerce merchants can now finance their businesses easily and shoppers can make purchases on credit just as easily. This is the result of two collaborations entered into by PayU, SA’s largest online payment gateway. The collaborations, with leading merchant financing company, Lulalend, and consumer credit provider, Mobicred, are set to boost an eCommerce
South African eCommerce merchants can now finance their businesses easily and shoppers can make purchases on credit just as easily. This is the result of two collaborations entered into by PayU, SA’s largest online payment gateway. The collaborations, with leading merchant financing company, Lulalend, and consumer credit provider, Mobicred, are set to boost an eCommerce
Barclays Bank Tanzania has today officially launched UnionPay International Acquiring service as part of the bank’s effort to offer better convenience to the UnionPay cardholders in the market. The Bank’s Managing Director, Abdi Mohamed said in Dar es Salaam yesterday that the bank has introduced the service in the market that will allow the UnionPay
In what could prove to be a significant change in the way we make remote and online payments, PayPal accounts can now be linked to Android Pay, meaning that PayPal users can now make payments at physical retail outlets from smartphones, tablets and other mobile devices. The new agreement between PayPal and Google means that
