Zapper and Stitch Team Up to Offer South Africans Fast, Secure One-Click Payments

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

Entersekt and Capitec Protect Samsung Pay Users Against Sim-Swap Fraud

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

Paid Out in Minutes: How Unifi’s Superfast Approval and Payout Times are Redefining Credit in Sub-Saharan Africa

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,

Buy Now Pay Later in SA Will Be a R2 Billion Market by December

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

Ukheshe and Paycorp Boost Cardless Cash Withdrawals at Cash Express Branded ATMs

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 to Modernize Real-Time Payments Infrastructure and Central Bank Digital Currencies for Countries Around the World

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

Absa Corporate and Investment Bank selects TCS BaNCS to reimagine its Custody Business

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,

Absa Expands Digital Payment Options With Google Wallet™

Absa has expanded its digital payments universe with Google Wallet™, amid rapidly growing customer demand for convenient, innovative and secure digital payment options. “Following record increases in contactless card volumes last year, with debit and credit card usage surging by 231% and transaction volumes rising by 180%, customer demand for reliable contactless wallet payment and

Global Retail Brand LC (Les Copains) Waikiki Joins the Tingg by Cellulant Digital Payment Ecosystem in Zambia

LC Waikiki customers will now be able to make payments seamlessly via mobile money in all their branches in Zambia  Cellulant (www.Cellulant.io) Zambia has signed a partnership agreement with leading fashion retailer LC Waikiki, which will enable customers to make payments from all LC Waikiki stores across Zambia through the Tingg digital payment platform. As

SBV Services (PTY) Limited Business Review 2021 – 2022

We continue to strengthen our position as the trusted partner to the banks and the central banks, a provider of essential cash services to the countries that we serve, and as a leader in risk management. As we continue this journey, we can proudly attest to the closing of another successful financial year ending June