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
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
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
Banking enabler Direct Transact achieves seamless migration to Teraco data centre for 15 major financial institutions, ensuring no downtime or disruptions in the SA payments system and that the entire financial ecosystem gains a major boost in scalability, reliability and global competitiveness. Fifteen major South African financial institutions have successfully migrated all their sensitive business
Standard Bank Group (“Standard Bank” or “the group”) delivered record headline earnings of R15.3 billion for the six months to 30 June 2022 (1H22 or the current period), up 33% on the prior period. This performance was underpinned by continued balance sheet and franchise growth. Headline earnings: R15 263 million, up 33% Headline earnings per
The South African payment ecosystem will need to increase cooperation if it hopes to reduce the country’s over-reliance on cash. And, while the regulator still has a big part to play in the solution, flipping the way payments are generally incentivised in favour of the consumer, as well as finding ways to better incentivise businesses
Embedded finance solutions are a game-changer for how financial services are delivered in emerging markets across the globe and beyond, says Anton Coertzen, Chief Commercial Officer of fintech enabler, Ukheshe The embedded finance market is expected to grow to tenfold its 2020-value by 2025 – just three years from now. The term has been generating buzz
The launch of Yellow Pay not only makes it easier for money transfer but also opens up the continent to more investment, access to credit, business grants Yellow Card Financial is proud to announce its new payment feature – Yellow Pay. This innovative solution will make it easier for customers to send and receive money
Network International’s offering includes acquiring and processing services, and an ever-evolving range of value-added services The company, which operates across Africa and the Middle East, has seen financial outcomes that reflect solid trading and strategic delivery, driving strong cashflow generation; Figures include new financial institution wins and merchant signups; accelerated transaction growth; cross-selling and launching
On the back of two major interest rate hikes in the first half of 2022 alone and rapidly rising costs, business owners across the country are keeping a close eye on budgets and cash flow where every cent counts. As champions of financial inclusion and SME growth in South Africa, local fintech Hello Pay is
