Mastercard Unveils Next Generation Biometric Card

Mastercard unveiled the next generation biometric card, combining chip technology with fingerprints to conveniently and safely verify the cardholder’s identity for in-store purchases. South Africa is the first market to test the evolved technology, with two separate trials recently concluded with Pick n Pay, a leading supermarket retailer, and Absa Bank, a subsidiary of Barclays

Prepaid Payment Solutions Drive Cash Out Of Africa’s Economies

Mastercard and prepaid processing and payments solutions provider Global Technology Partners (GTP) signed a partnership agreement that will result in the latest prepaid solutions being made available across Africa to government institutions, financial services and corporate sector and consumers. The partnership will enable the development and implementation of a wide range of solutions across various

Prepaid Payment Solutions Drive Cash Out Of Africa’s Economies

Mastercard and prepaid processing and payments solutions provider Global Technology Partners (GTP) signed a partnership agreement that will result in the latest prepaid solutions being made available across Africa to government institutions, financial services and corporate sector and consumers. The partnership will enable the development and implementation of a wide range of solutions across various

FNB Offers Life Cover Through the FNB Banking App and Online Banking

FNB Life has taken the next step in its digital evolution by giving customers the option to take up and manage life insurance through the FNB Banking App and Online Banking. By logging into their profiles, choosing the insurance option, answering medical questions and accepting the quote, customers are able to take up cover within

FNB Offers Life Cover Through the FNB Banking App and Online Banking

FNB Life has taken the next step in its digital evolution by giving customers the option to take up and manage life insurance through the FNB Banking App and Online Banking. By logging into their profiles, choosing the insurance option, answering medical questions and accepting the quote, customers are able to take up cover within

Visa Checkout Reaches Milestone of 20 Million Enrolled Consumers

Visa Inc, announced that Visa Checkout, the easier way to use a Visa card online, is sustaining tremendous growth, reaching more than 20 million enrolled accounts worldwide. Visa Checkout enables millions of consumers to pay in just a few clicks on any device around the web with some of the world’s top merchants. Joining South

Visa Checkout Reaches Milestone of 20 Million Enrolled Consumers

Visa Inc, announced that Visa Checkout, the easier way to use a Visa card online, is sustaining tremendous growth, reaching more than 20 million enrolled accounts worldwide. Visa Checkout enables millions of consumers to pay in just a few clicks on any device around the web with some of the world’s top merchants. Joining South

FNB Launches Augmented Reality On Its App

FNB continues to shape the future of banking by introducing Augmented Reality and FNB TV on the FNB Banking App. Launched this week, the eBucks Partner locator on the FNB App uses augmented reality technology to help customers find nearby eBucks retail partners, and FNB TV to help customers navigate banking easily with video clips

Consumers Making Fewer ATM Cash Withdrawals

For the first time ever, FNB data is showing that middle income earners are making fewer cash withdrawals at ATMs and instead opting to use point of sale devices, electronic transactions and cash tills from select retailers. “For our Gold account customers who earn from about R80 000 to R300 000 a year, we are

PCI Looking to Grow the Payments Security Ecosystem with New Certifications

There is a growing complexity in the payments security landscape. As the ecosystem evolves and more devices become connected, so too do the associated risks. Speaking before the PCI Middle East and Africa Forum held in Cape Town this week, Mauro Lance, Chief Operating Officer at the PCI Security Standards Council acknowledged that the profile