Luno and Zapper Partner Up; Pay With Crypto

Luno

Luno customers are now able to pay using crypto at over 31,000 merchants in the Zapper payments network across the country, ranging from Dis-Chem pharmacies and FlySafair to fuel stations, educational institutions, bill payments, parking, donations and more. This opens a huge market for South Africans to pay for goods and services using crypto, according to licensed financial

Thunes Partners With Access Africa

Thunes

Thunes – a B2B payments infrastructure platform – has announced a partnership with Access Bank to improve cross-border payments in and out of 13 African countries. The collaboration will enable Access Africa to facilitate inbound and outbound cross-border payments in 13 markets: Botswana, Cameroon, the Democratic Republic of the Congo, Gambia, Ghana, Guinea, Kenya, Mozambique,

BankservAfrica Partners With UnionPay for Transaction Support in Africa

BankservAfrica

BankservAfrica and Union Pay International have joined forces to introduce UPI e-commerce acceptance across several African countries. This builds on UPI’s appointment of BankservAfrica last December as its domestic on-soil processor for affordable, accessible, and innovative card payments for South Africa. “As the largest automated payments clearing house in Africa, responsible for clearing and processing

Mastercard Accelerates the Path Toward Real-Time Card Payments

Mastercard

Mastercard’s vision of instant and secure payments as a multiplier to help businesses and economies thrive continues to grow. Today, Mastercard announced that South Africa will be the first market in the world to benefit from the security and speed of immediate Mastercard card payments. Through product innovations, network enhancements, and strategic partnerships, Mastercard will

TBD and Chipper Cash Partner on Cross-Border Payments in Africa

TBD

TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to power cross-border payments and decentralized identity use cases, the companies said in a Tuesday (May 14) press release. “Across Africa, the challenges of currency liquidity and

Digital Currencies: Overcoming Inertia Could Boost Banking Innovation

Digital Currencies

Digital currencies, along with digital asset infrastructures like blockchain and unified ledger technologies, are consuming the attention of central banks around the world. New central bank digital currencies (CBDC) pilots emerge almost monthly. Despite regulators’ fascination with these technologies, local banks remain fairly cautious about their adoption. The reasons for this cautious approach vary, but

Flash Group and Ecentric Join Forces to Boost Financial Inclusion in South Africa

Flash Group

Flash Group, a prominent player in digital payments and financial services and Ecentric, a leading payment solutions provider, have joined forces in a new strategic partnership set to transform the payment landscape in South Africa. Together, they will focus on expanding access to financial services, particularly through the integration of 1Voucher—a prepaid payment voucher that

Fintech SA: The Rise of Innovation Beyond Payments to Transform Access and Opportunities for Startups

Fintech SA

Fintech SA has revolutionised the landscape for startups and small businesses that, two decades ago, had limited options for processing transactions, with cash being the only option for many. Startups by their very nature also lacked credit histories, making it difficult to apply for finance and leaving them vulnerable to unaffordable loans when seeking financial

Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Mastercard and Amazon

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – a single touchpoint for

Kazang Pay Launches Card Acquiring Service in Zambia

Kazang Pay

Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched its Kazang Pay card acceptance solution for merchants in Zambia. Kazang Pay makes it affordable for merchants to accept card payments on the same Kazang terminal they use to sell prepaid products and services. The Kazang Pay enabled