Lost & Stolen Card Fraud Once in possession of an original card and PIN number, fraudsters are able to use the card as if they were the actual card holder. By interrupting or interfering with a bank client whilst he or she is transacting, cards are stolen, swopped, or trapped in the ATM to be
Rare, found that the next generation of consumer places personalisation high on the scale of importance when it comes to their loyalty to any given brand, and 94% of smartphone users will save personalised mobile wallet offers and coupons. And, even more interestingly, 82% of those prefer digital coupons to their paper counterparts, with the
If an existing customer wishes to take up a new product or service, the bank must first verify the customer’s details. Any person who wants to open a new bank account is required to provide the relevant documentation to validate their information when opening the bank account. Banks are required to hold the latest and
1. With mVisa, merchants are now able to receive electronic payments in a cost-effective way, without the need for point-of-sale terminals. They can receive payments directly into their bank accounts, within minutes of the consumer making a payment and provides real-time notification to both parties. Unlike other mobile payment services mVisa can also handle refunds
Daniel Monehin shares his views on the importance of mobile technology, partnership between the public and private sector as well as the need for Africa to move beyond cash. Accessibility to practical financial solutions is key to shifting Africa’s dependency on cash, and with the continued adoption of mobile devices on the continent, we envisage
Take payments anywhere, any time Three different payment options: free ZipZap, buy outright or a rental option Boost sales as paying by card encourages impulse purchases and higher spend Convenience – customers have more payment options There is no risk of non-payment Transactions are secure and inexpensive Re-chargeable credit card machine with long battery life
, the first of its kind digital tool that helps you navigate through your financial journey, simply and innovatively via the FNB Banking App. Simplifying a customer’s financial journey through new and agile technologies is essential in driving change in our disruptive eco-system. “nav›› is a simple and convenient tool which provides customers with smart
Entersekt. Around the world, banks and their customers are under threat from increasingly sophisticated cybercriminals. The underworld is often quicker to apply advances in technology for their attacks than large enterprises are able to do in defense. One report released by the Centre for Strategic and International Studies in 2014 described cybercrime as a “growth
Computop, a leading payment service provider (PSP), and PayU, a leading payment service provider in emerging markets, announced a partnership that provides retailers with payment solutions for high growth markets around the world. 90 percent of the global population under 30 years of age is living in emerging markets. With e-commerce in developing economies growing
walletdoc, a South African fintech startup, offering users a smart, secure and convenient way to pay their bills such as monthly subscriptions and utilities – without the tedious filing and administration normally associated with payments. The innovative payment solution notifies you when bills arrive, reminds you when bill payments are due and allows you to
