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
E-commerce shoppers have been promised a frictionless checkout for years, but new moves by the card schemes will take South African consumers a step closer. Soon, local merchants will be able to offer online shoppers a faster checkout experience giving them a seamless experience, much like the ones already available on Amazon and other global
The 8th Edition of the Connected Banking Summit Southern Africa is set to take place on May 24, 2023, in Johannesburg, South Africa, bringing together top executives, experts, and leaders from the banking and financial services industry. The summit, organized by the International Center for Strategic Alliances (ICSA), is a platform for business professionals, experts,
African Export and Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat developed PAPSS, which enables instant cross-border payment in local currency The Pan African Payment and Settlement System (PAPSS) and the African Securities Exchange Association (ASEA) have signed a Memorandum of Understanding (MoU) to enhance collaboration and cooperation in promoting cross-border
