Friction at checkout remains a major challenge for businesses, many of which are doing everything they can to reduce cart abandonment and ensure a great customer experience. At the same time, banks face their own challenges as they are the last defence for both customer and merchant when it comes to fraud protection. However, when
1. The SME Economic Recovery Loan Scheme is starting to play a significant role in supporting the growth and sustainability of small and medium-sized enterprises (SMEs) in Namibia, with over N$ 85,9 million disbursed to 80 (eighty) SMEs across the country, allowing them to continue operating while providing further impetus to the revival of the
As a fast-growing provider of innovative, unsecured lending solutions to underserved markets across Sub-Saharan Africa, Unifi is thrilled to announce that it has opened its fiftieth branch in Africa. This marks an exciting milestone as Unifi moves closer to its mission of bringing simple, affordable credit to one million customers by 2025. “This milestone launch
As payment fraud remains an area of concern for South African businesses, there is debate about what more can be done to tackle the problem and whose responsibility it is. There are layers of complexity that make what appears to be a deceptively easy question to answer much more nuanced. Businesses, banks, as well as
Ukheshe has announced details of the brand evolution of Masterpass to Scan to Pay. Scan to Pay will continue to provide seamless instant payment technology to banks, merchants, PSPs and consumers that add to the ever-evolving cashless commerce and digital payments landscape. Scan to Pay enables seamless QR code transactions between merchants and consumers. Merchants
Continued growth supported by product innovation and ongoing customer success cracks open new markets Payment24, the global platform provider specialising in payment and loyalty solutions, today announced that the organisation is enjoying continued growth, has significantly expanded operations and acquired several new logo clients as it diversifies its business beyond a provider of solutions for
The digital bill payments solution enables Zambians to comfortably pay their utility bills by removing the requirement to visit a physical store to pay bills in cash and providing the option to make payments digitally from the comfort of their homes Tingg, Cellulant’s digital payments platform, is challenging Zambia’s traditional bill payment method. With Tingg,
Landmark deal valued in excess of R1 billion Leading South African fintech specialist, e4, today announced its acquisition by a consortium of private equity investors, led by an independent private equity fund manager, Infinite Partners. The transaction will see e4 obtain the necessary capital for advancing to the next stage of its expansion. e4 is
Having recently attended the 10th Annual Southern African Postal Operators Association (SAPOA) Conference in Mauritius, Traderoot Africa CEO Louis Volschenk shares some insight into how national postal service operators in the region can utilise fintech to improve their services, offer new value-added service, and increase their revenues. In this blog post, Louis will explore how
HIGHLIGHTS: The Namibian financial system, which is made up of the banking and non-banking sectors as well as the payment system and infrastructure, continued to be sound and resilient throughout 2022. The banking sector financial soundness indicators remained at comfortable levels during 2022, with the growth in assets outpacing the prevailing inflation rate; however, this
