MasterCard has introduced the Priceless Africa campaign to South Africa, bringing the global Priceless Cities programme to Africa for the first time. Dedicated to bringing consumers closer to their passions while celebrating the spirit of Africa, the popular campaign offers a collection of special discounts and rare experiences, curated just for MasterCard cardholders. Travel, attractions,
Econet Wireless announced that subscribers to their Ecocash Save mobile banking service have now reached 900,000. 50,000 more than subscribers to typical brick and mortar banking services in Zimbabwe combined. The announcement was made in the same release announcing that Ecocash Save will start lending cash to subscriber in early 2014. The numbers are no
ACG has inked its second reseller agreement with an African ATM firm. This most recent agreement was made with South Africa’s own TIM Trading. The deal grants TIM Trading with exclusive rights to sell and distribute ACG spare parts in several countries throughout the southern portion of Africa, including: Botswana, Namibia, Madagascar, Mozambique, South Africa,
Following the 10 million South Africa Social Security Agency (SASSA) MasterCard Debit card milestone announcement, an independent consumer survey has attributed this program as being one of the largest contributors to increasing financial inclusion in South Africa. According to FinScope South Africa 2013, South Africa’s banked population has grown 8% since 2012, with 75% (27.4
Infobip, a global leader in cloud-based mobile messaging and payments solutions for enterprises and mobile operators, announced it has built a technical platform for enterprise USSD in the Republic of South Africa. Comprising push USSD as well as mobile initiated options, enterprise USSD allows banks and financial institutions to increase security of internet banking transactions
ZimSelector, the Luke Ngwerume founded online financial services aggregation startup, announced that they have just enabled ZimSwitch Vpayments on the service. With the new internet payments option insurance buyers in Zimbabwe will be able to select and buy insurance on the website using bank cards issued by any of the ZimSwitch shared services enabled banks
The latest statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2 200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed a slight increase in ATM withdrawal levels for October 2013 and illustrates that consumers are bracing themselves for the upcoming festive season. The
Explore the latest developments, challenges and opportunities by attending South Africa’s foremost Next Generation Payments event and hear from highly distinguished speakers coming from the SADC region and internationally based expert speakers; a 3 day event running from 5,6 and 7 March 2014. The increasing use of mobile platforms, retail cash sending transfers, near field
FNB Zambia and Visa have introduced the annual Card Security Briefing, an initiative aimed at creating greater awareness amongst consumers to adopt cards as a safe and convenient way to make their daily purchases. Over time, cards have increasingly become popular way of paying for goods and services in Zambia. FNB forecasts that the value
The banking industry is pleased to announce that debit card fraud losses have decreased by 42% for the period 1 January- 30 September 2013. This is according to the latest banking industry’s card crime statistics as released by SABRIC (The South African Banking Risk Information Centre). This figure is significantly lower when compared to the
