With the announcement of a partnership between PayPal and local payment service provider PayGate, it is now easier than ever for merchants to accept online payments in South Africa. “PayGate customers can now add PayPal to the list of payment methods they accept simply by ticking a checkbox,” says PayGate’s GM of business development Brendon
FNB announced that R9.5 billion has been withdrawn from tills across South Africa since the inception of the Cash@Till service for customers in 2012. Sixty-five percent of this amount was withdrawn in the last year alone. “We have seen strong take up of our Cash@Till service as customers withdraw from retailers across the country. The
The ATM Industry Association has announced that the first African ATM operator has been internationally certified for the industry’s professional online ATM operational training. Riyaadh Alexander, Contact Centre Team Leader of Spark ATM Systems, based in Cape Town, has been awarded the industry endorsed International Certificate for ATM Operators. Mike Lee, CEO of ATMIA stated, “I
Kalahari.com has been named South Africa’s favourite ecommerce website by uAfrica at the eCommerce Awards held at the eCommerce Conference 2014. Yuppiechef.com won the award for Best eCommerce Store and Zando won in the best shopping process and customer service categories. Bidorbuy emerged winner in the eCommerce Services Platform category, and Poetry won the award
Standard Chartered Zimbabwe, together with Commerzbank Aktiengesellschaft and Investec Asset Management Proprietary Limited acted as Joint Mandated Lead Arrangers in the recently concluded USD60 million, three year syndicated term loan facility for FBC Bank Limited . The facility carries a comprehensive guarantee from African Export-Import Bank, the regional development bank established to finance and support
Research commissioned by FNB and VISA reveal that while the overall awareness of card fraud is very high, 42% of respondents are sharing their bank card PINs. The protection of customer’s funds is a top priority for FNB and although the bank is always looking at ways to improve security, certain key links in fraud
South African small and mid-sized merchants cite cost (34 percent), data security concerns (23 percent) and lack of know how (21 percent) as the greatest barriers to technology adoption, according to the new MasterCard Merchant Scope study. The study investigates how small and mid-sized merchants from the retail, services, restaurant and hospitality industries use technology,
FNB announced that, as part of its smart device range, it will now offer a tablet to its customers for R99 per month, making smart devices affordable for South Africans who previously would not have been able to purchase one. The Lenovo Ideatab, which comes with a free protective cover, includes all the features one
The evolution or revolution of the retail environment is one of the most dynamic industries affecting almost anyone who knows how to turn a computer on. According to marketingpilgrim.com, the US online retail spend will reach just under $300 billion this year alone so it would be interesting to understand how the South African online
PayPal, a leading global payments company, announced that four years after a landmark deal with First National Bank made it possible for people and businesses in South Africa to make and accept PayPal payments, more than one million accounts have now been opened. With 152 million active accounts in 203 markets around the world, PayPal
