At the start of a new year fraught with uncertainty on many levels, leaders in the local banking and financial spheres are looking to gain any competitive advantage they can. As Internet access and smartphone penetration make exponential gains in South Africa and the rest of Sub-Saharan Africa, mobility will surely be a focal point
Small business owners that don’t sell their goods or services online can now offer an online payment option to make payments much easier for their clients. In the small business environment, cash is not king – it can be a security or a business risk. This is why fintech startup Peach Payments, an online payment
Ensure seamless delivery In addition to continuing to offer attractive deals and prices, Tucker says that great customer service is paramount, and should not be neglected during the festive season, regardless of staff taking leave and slower sales. An integral part of seamless customer service for e-tailers is ensuring that products are delivered on time,
Increased demand for variety and innovation The trends which have truly shaped online shopping in 2016 are an increased demand for variety and free delivery. The biggest drivers of online shopping are convenience and time – people are increasingly frustrated with queues, traffic and delays when heading out to spend money, whether on groceries or
Any mobile device is a payment device We’re also seeing merchants use apps that turn their smartphones into point of sale devices or use QR codes to accept mobile payments from their customers. The mobile brings the convenience and safety of cashless transactions to spaza shops, flea market stalls, trades people like plumbers and electricians,
Increasing the availability of mobile money in informal markets MFS Africa connects over 120 million mobile money recipients across all major mobile networks in Africa, and Nomanini’s clients will have immediate access to this network, increasing the availability of mobile money in informal and rural areas across Africa. Mobile money integration has benefits across the
1. Be smart about your passwords The most commonly employed line of attack is email phishing. By persuading you to enter your username and password into a fake site or app through a cleverly crafted email, hackers can use these details to access legitimate sites or applications you use. If they have your name, hackers
Taking payments at face value MasterCard has launched its mobile app for biometric verification of online payments, MasterCard Identify Check (or “Selfie Pay” as it’s informally known as), earlier this year. So far the app is available in parts of Europe as well the United States and Canada. MasterCard plans to roll out it to
