First, congratulations to the EcoCash team for winning the AfricaCom Best Mobile Money award. No doubt a few heads have turned towards Zimbabwe and we appreciate it. Congratulations as well to NetOne for the OneWallet re-launch. We hold our breath as we await Telecel’s Telecash launch. There has been quite some hype surrounding Telecash’s mobile
This year saw a rise in online spending across the globe, with USA reporting a 20% increase in online shopping on Cyber Monday as shoppers snubbed physical retail stores in favour of missing out on the holiday queues. Locally South Africans are coming to the party, with recent report showing that 9.5% of South Africans
Botswana central bank, Bank of Botswana says it will introduce a new family of coin in the first quarter of 2014, the bank disclosed in a statement this week. The introduction of the new coin follows a comprehensive review of the national currency, in this case Botswana coin. “This is in line with international norms
In a bid to fight increasing card fraud, which is estimated to have cost $11.27 billion worldwide in 2012 (a 14.6% increase year-on-year)1, leading wireless data company, FastNet, announced it has achieved Payment Card Industry Data Security Standard (PCI DSS) compliance as a Level 1 service provider. This follows recent stipulation by the Payments Association
The most exclusive Card Membership in the world has arrived in South Africa with the launch of Centurion, from American Express. Issued by Nedbank Private Wealth, Centurion is now available by invitation only or upon appointment to a select group of individuals in South Africa. ‘Centurion is intended for clients who demand a new level
Airtel Networks Zambia Plc, a telecommunications service provider in Zambia, and the airline, Proflight Zambia, have signed a partnership agreement that will enable customers to purchase air tickets countrywide. Airtel customers will be able to pay for their Proflight Zambia air tickets using their “Airtel Money” accounts. This partnership is a reflection of the synergies
With the increased availability of broadband access, more affordable data costs offered by mobile operators and the consistent development of mobile devices, online shopping is gaining great traction in Sub-Saharan Africa. Fatima Sullivan, Head of Retail at DHL Express Sub-Saharan Africa says that with the upcoming festive season fast approaching, consumers are increasingly choosing to
FNB has announced that its customers can now purchase iTunes gift codes for the iTunes Store in South Africa using the FNB Banking App. “We believe that FNB customers will benefit greatly from the convenience of purchasing, sending or redeeming iTunes gift codes quickly and effortlessly via the FNB Banking App. The codes can be
The Standard Bank of Namibia has officially unveiled its smart banking app, allowing customers to access banking services more conveniently through their smartphones or tablets, with plans to launch a second version next year. The new mobile banking platform will allow customers to check their account balance, view the last five transactions through a mini
The results of the eBucks 2012 Festive Survey are in, and they reveal that South Africans are not going to be stopped from spoiling their loved ones this festive season – despite challenging economic conditions. Fifty four percent of the survey’s respondents said they were planning to spend up to R500 per gift, 29% were
