Telkom Partners with Clickatell to Launch Mobile Messaging Payments in South Africa

Posted on by Staff Reporter | 16601 Views | 11 min read

Millions of Telkom customers can now easily and safely pay their phone bills, recharge and buy new service bundles in WhatsApp  Clickatell (www.Clickatell.com), the Chat Commerce and business messaging leader, has launched their Chat 2 Pay feature for South Africa’s largest integrated communications company, Telkom (www.Telkom.co.za). Telkom’s millions of customers can now make payments in

Truzo Becomes First and Only FCA-Approved Digital Escrow Service to Focus on Africa

Posted on by Staff Reporter | 10818 Views | 21 min read

Truzo’s UK digital escrow service enables African businesses to transact with trust, offering lower fees to help fight inflation Truzo, the first African-focused FCA-approved digital escrow service, officially launches in the UK this week. An established and fast-growing player in South Africa, Truzo now makes transactions between the UK and South Africa safer and more

The Six Key Reasons Consumers in Sub Saharan Africa Love Mobile Money

Posted on by Staff Reporter | 12319 Views | 16 min read

By Pieter Schulze, Head of Product at Standard Bank Mobile money transactions represent a substantial portion of domestic economic activity in many countries across sub Saharan Africa. In countries such as Kenya, Tanzania and Zambia, mobile money transactions volumes and values even exceed domestic electronic funds transfers (EFTs) (Central Bank of Kenya, 2023) (Bank of Tanzania,

Transforming Legacy Systems and Processes to Sharpen Your Edge in Payments

Posted on by Staff Reporter | 35211 Views | 25 min read

Written by David Smith, CEO WeDo Help Limited The payments sector is ripe with growth opportunities, but winning in this market takes speed, agility and a relentless focus on the customer experience. Yet all too many financial services companies are running on legacy technology stacks that aren’t up to the challenges of today’s dynamic market.

Modernising and Regulating SA’s Payments Industry

Posted on by Staff Reporter | 11942 Views | 14 min read

In the second half of 2022, the South African Reserve Bank (SARB) announced it has its sights set on stricter regulations for the South African payments ecosystem “to ensure financial stability in a world of increasingly innovative and disruptive technology”. Though some new fintech players winced at the thought, it is a necessary move if

How African Banks Need to Reimagine Their Payments Operating Model to Withstand Disruption

Posted on by Staff Reporter | 9136 Views | 12 min read

A new report by Boston Consulting Group has found that in light of the current disruptive payments landscape in Africa, banks need to create suitable operating structures and partnerships to fortify their retail payments positioning and create the conditions for lasting success. The rising demand for electronic payments is creating fundamental shifts across Africa and

Nedbank CIB Sponsorships Promote Collaborative Action Towards a More Sustainable Africa

Posted on by Staff Reporter | 11552 Views | 9 min read

Nedbank Corporate and Investment Banking (CIB) recognises that delivering a maximum sustainable-development impact requires a combination of innovative sustainable finance and a commitment to leveraging our influence to grow awareness of, and participation in, the sustainability agenda. Many of our sponsorships are geared towards the latter, to not only strengthen our position as a sustainability

e& and Mastercard Partner to Drive an Ambitious Digital Future for Consumers in 16 Markets Across the Middle East, Asia and Africa

Posted on by Staff Reporter | 33590 Views | 15 min read

Mastercard’s technology solutions and digital payment expertise will help revolutionize payments, loyalty and personalization as e& transforms its consumer offerings e& accelerates ambitions to enhance e& international’s consumers’ digital journey and maintain robust digital leadership by providing innovative financial services e& has announced a strategic partnership with Mastercard that will see consumers and businesses in

Smart and Intelligent: Payments Redefined

Posted on by Staff Reporter | 21728 Views | 23 min read

Managed connectivity and mobile device management are being transformed by intelligent technologies to deliver payment solutions at the edge The global fintech market is currently expected to grow at a CAGR of 20% over the next few years, achieving an impressive $305 billion by 2025. The Global Fintech Market Report also pointed out that low-cost,

Retailers Must Accommodate the 86% of Consumers Who Still Use Cash

Posted on by Staff Reporter | 11242 Views | 12 min read

With recent research showing that only 14% of South African consumers are ready to go completely cashless, retailers should be looking at ways to accommodate their customers’ preferred way to pay, while also reducing their operating costs. Leading retailers are looking towards automating the handling and management of cash, so that they can meet this objective. The