Has Africa Been Left Behind by Formal Financial Services?

AFRRI report looks at eight countries from Sub-Saharan Africa, comparing various metrics to determine the maturity of the current financial services in each country, and highlighting areas of opportunity for formal retail banking. Produced by Calleo, a South African based marketing consultancy, in consultation with iVeri Payment Technologies, Africa’s leading payment solution provider, the report

What is Point-to-Point Encryption?

An Introduction to P2PE Credit and debit cards are becoming increasingly popular methods of payment in South Africa, with consumers of all income levels finding them easier and more convenient than carrying cash. According to Euromonitor there are currently over 47 million debit and credit cards in circulation in South Africa, with an expectation of

CBZ Launches Zimbabwe’s First Integrated Mobile App – CBZ Touch

Why a Mobile Application? As CBZ our drive and passion is to “offers customer convenience and customer satisfaction by providing innovative low cost products utilising state-of-the art technology efficiently and effectively processing high speed and high volume transactions” The launch of CBZ Touch resonates well with this drive. CBZ Touch is Zimbabwe’s first financial services

PayU EMEA’s New CEO Excited by Local Opportunities – A Q&A with Mario Shiliashki

What are your immediate goals in your new position? One of the reasons I joined PayU is that there’s a massive opportunity in front of us; for PayU, in the payments space and beyond, as well as in Fintech and in financial services in general – for merchants and consumers. At PayU we are multinational,

MasterCard and Banco Sol Partnership to Drive Innovation in Angola’s Payment Sector

MasterCard and Banco Sol have partnered to introduce a dynamic suite of payment solutions to the citizens of Angola, which will help modernize and diversify one of Africa’s fastest growing economies. The partnership will help develop a more robust payments industry and offer the country core solutions which will help drive financial inclusion and increased

Capitec Proves it is a Serious Contender By Outperforming Competitors in Customer Satisfaction

Adrè Schreuder, CEO of Consulta and founder of SAcsi, says that a three year trend indicates that Capitec has shown the greatest improvement in overall customer satisfaction, whereas Absa showed a turnaround last year although not being able to sustain the improvement in 2015. Standard Bank have shown marginal decline for the last two years.