The latest generation of the Vodacom m-pesa electronic platform provides an ideal mechanism for employers to pay staff salaries and ad-hoc expenses via mobile phone. As more countries develop simple remuneration calculators online the whole system can be managed from a phone. With m-pesa, companies have a low-cost and easy solution for making payments to all staff, even
The GSMA launched a Code of Conduct for Mobile Money Providers, outlining a series of common business principles to enable the development of safe and responsible digital financial services. The first mobile network operators (MNOs) to endorse the Code are Airtel, Avea, Axiata, Etisalat, Millicom, MTN, Ooredoo, Orange, Telenor, Vodafone and Zain. Together, these MNO
ATM Solutions has installed solar powered ATMs at a number of sites in Mpumalanga. These are believed to be the first such ATMs in the country, developed to provide back-up solutions during power outages. The solar panels produce electrical energy from the sun’s rays and store this in a battery while the ATM runs as
MoneyGram, a leading global money transfer company, has extended its relationship with Standard Bank Group. MoneyGram’s services are available at over 500 Standard Bank Group locations in 12 countries in Africa. On signing the renewal agreement to this week, Pamela H. Patsley, MoneyGram’s chairman, said: “MoneyGram is focused on growing our presence in Africa through
Three years ago FNB launched its smart device deal, a first of its kind banking offer, which gives customers access to smart devices and enables them to bank digitally. Since inception FNB has sold over 250 000 devices, worth over R1 billion, with 90% of these devices using FNB’s digital banking channels. “Digital banking is
Pick n Pay has partnered with Webtickets, South Africa’s market leader in integrated online ticketing solutions, as its exclusive retail ticketing outlet. And, in a first for South African retailers, customers are now able to order tickets for any Webtickets event online or via their mobile device – and pay for them in store at
The African Export-Import Bank (Afreximbank) is working to introduce a mobile payment platform to support intra-African trade and payments, Jean-Louis Ekra, President of the Bank, announced in Lusaka. In an address at the opening of Afreximbank’s annual Seminar/Workshop on the Fundamentals of Structured Trade Finance, Mr. Ekra said that the successful introduction of the initiative
Established Namibian ICT provider, Paratus Telecom, has diversified its offering by launching a new mobile airtime distribution service called “Katiti”. The service runs on Nomanini’s popular cloud-based mobile point of sale platform and is designed to be used by informal traders and budding entrepreneurs. John D’Alton, Managing Director: Namibia, Paratus Telecom, explains: “We wanted to
Africa offers enormous growth potential for e-retailers given that online shopping is in its infancy in the region. This is according to Sumesh Rahavendra, head of marketing for DHL Express Sub Saharan Africa, who says the recently released ‘Shop the World!’ report reveals that emerging markets offer the highest growth potential for the eCommerce industry.
South African consumer confidence has improved for the second half of 2014, according to the latest MasterCard Index of Consumer Confidence released. With a score of 58.7, a slight improvement of 2.4 points compared to last year’s score of 56.3, the Index currently describes consumer confidence as ‘neutral-positive’. Now in its eleventh year in South
