Quick and convenient addition to the payment ecosystem allows users to securely pay with Android phones or supported Wear OS device Mastercard, a leading technology company in the global payments industry, has collaborated to launch Google Pay in South Africa. Cardholders can conveniently and securely tap to pay with their Android phones or supported Wear
Shoprite’s Money Market Account is now a full-fledged bank account. It already provides almost two million banked and unbanked customers the best deal on the market. It’s official: Shoprite’s Money Market Account is now a full-fledged, transactional bank account, the first ever offered by a South African retailer – and the lowest cost entry-level bank
FMBcapital Holdings Plc (FMBCH) announced further positive performance in the first half of the 2022 financial year, with a very strong growth in profit after tax (93% growth to US$25.2m on 2021 first half). The interim period of 2022 followed through strongly on concerted efforts from 2021, and saw the Group’s banking operations in Botswana,
Zapper users can now link their bank accounts in the Zapper app to pay their favourite merchants securely at POS, in just one click South African independent mobile payments, insights, loyalty, and rewards platform Zapper has teamed up with payments and data API Stitch via its LinkPay product, to bring the latest in payments innovation
Capitec customers now enjoy added protection when using Samsung Pay thanks to Entersekt’s SIM age validation capability, also known as MNO (Mobile Network Operator) Authentication. The silent risk signal, which recognises if a SIM card has recently been swapped, helps crack down on the concerning rise in local SIM-swap fraud. South Africans have been particularly
Sub-Saharan African credit provider Unifi is enabling its clients to apply for short-term personal loans and have the money in the bank within minutes. Their impressive speed puts Unifi a few steps ahead of similar products in this space and makes life easy for customers in underserved markets. “While all our customers are formally employed,
Hundreds of thousands of South Africans are paying for their goods by using buy now pay later (BNPL) which is growing 10 – 15% per month and recorded a 50% hike from the first to the second quarter of 2022. According to Payflex, South Africa’s largest BNPL provider with over 300 000 customers, BNPL payments
More cardless ATMs with greater functionality are now available to more people thanks to the ongoing partnership between leading fintech enablement partner, Ukheshe, and leading global payments provider, Paycorp. The partnership sees ATM Solutions, a division of Paycorp, which owns and operates over 4000 Cash Express branded ATMs, add rich embedded functionality to its fleet
FIS is now offering a central infrastructure payment solution through RealNet™ Central, which enables countries to modernize or build their own real-time payments network. Additionally, FIS is launching a Central Bank Digital Currencies (CBDC) Virtual Lab that will allow countries to experiment, pilot and accelerate live CBDC implementations. With real-time payments increasing, many countries must
Tata Consultancy Services (TCS) announced that Absa Corporate and Investment Bank has selected TCS BaNCS™ Global Securities Platform to transform and modernise its investor services offerings and enrich customer experience across the trade and corporate actions lifecycle in South Africa. Absa Corporate and Investment Bank is a service leader in the African capital markets industry,
