South Africa-based Net1 Mobile Solutions (“N1MS”), a business unit of Net 1 UEPS Technologies, Inc. together with its long-time partner Supa Pesa, has expanded its Advance Airtime African footprint with the launch of TeleKom Networks Malawi (“TNM”) Airtime Credit service, Pasavute. Pasavute, which means ‘No worries’ in Chichewa, allows subscribers of TNM to purchase airtime
Cards and Payments World Africa 2014 is taking place this week on the 18th and 19th of March at the Johannesburg Convention Centre. It is the place where Africa’s payment specialists meet to discuss the challenges and opportunities in the industry. The show will feature 1200 attendees with 200 VIPs and 80 exhibitors. There will
MTN Mobile Money users, who are also Ecobank customers in 12 African countries, will soon be able to withdraw cash from Ecobank ATMs. They will also be able to transfer money between their Mobile Money and Ecobank accounts. The service was piloted in Ghana last month, and will soon be launched in Benin, Cameroon, Ivory
Elizabeth McQuerry From Glenbrook Consulting shares her insight on the payments landscape in Southern Africa in her latest blog post. She writes, “Recently I shared my views about the developments underway in the mobile and payments space in Latin America. In that story, I address how individual countries are taking big strides toward reshaping their
FNB kicked off the 2014 Teach Children To Save South Africa (TCTS SA) Programme in association with the Banking Association of South Africa at the Ntemoseng High School in the Botshabelo Township in the Free State on Friday 7 March. “We look forward to this campaign every year because financial literacy is not just for
Online shopping is becoming increasingly popular in South Africa as more and more people are discovering the convenience of transacting online. But while online shopping does offer convenience and great deals it is also important to be aware of the risks and protect yourself accordingly. Fraudsters are increasingly turning to the anonymity of the internet
There’s a new kid on the block in the payments environment that promises to deliver even greater convenience and practicality. It’s called ‘Bluetooth Low Energy’, or BLE, and it’s based on technology which is over a decade old. Be that as it may, BLE promises to revolutionise the way consumers and retailers interact – but
Telecel launched Telecash in Zimbabwe with interoperability as their main trump card and that promise seems to be taking shape. Telecel has announced via their Facebook page that Telecash users could now pay their insurance premiums via the mobile money service. Based on the announcement and advert, the service seems to be only active with
Telkom Mobile, the mobile division of telecommunications company Telkom, and BlackBerry have announced an integrated carrier billing service for BlackBerry smartphone customers in South Africa. The service is made possible through Telkom Mobile’s newly developed Event Billing service and will enable Telkom Mobile customers to purchase applications on the BlackBerry World™ storefront and charge it
Standard Bank Group has produced a stable performance in 2013, increasing headline earnings per share by 14% and net asset value per share by 14%. Group return on equity has increased to 14.1% from 14.0% in 2012. Results at a glance: Headline earnings: R17 194 million, up 15% Headline earnings per share (HEPS): 1 064.9
