Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. These additional payments corridors mean that Paysend customers can now send money to over 170 countries worldwide. Notable additional countries supported by Paysend include: Antigua and
To increase access to affordable housing in South Africa, IFC and Absa Bank Limited, one of the leading providers of residential mortgages in the country, have partnered to support the expansion of housing finance targeting lower-to-middle income households in South Africa. IFC’s local currency loan of up to 2 billion South African rand (roughly $128
Established Colombian fintech firm Minka has announced that it plans to repeat the success of its Latin America-based real-time payments system across Africa, accelerating and easing the movement of money across the continent and improving financial inclusion. Minka is a seamless payment network that enables organisations to move money in real-time. It simplifies the movement
Activity in the global EPOS market bounces back, as retailers return to refreshing their hardware following a difficult 2020 EPOS shipments rise as pandemic restrictions ease 2021 marked a year of recovery for the global programmable EPOS market, with shipments increasing by 18%, according to Global EPOS and Self-Checkout 2022, the latest study by strategic
Collaboration with global cloud communication service provider Infobip enables banks to use globally-trusted WhatsApp platform to communicate and engage with customers 24/7 using the latest technology Leading digital payment solutions provider Network International (www.Network.ae) has announced it will bring WhatsApp for Business banking services to financial institutions across Africa through a landmark collaboration with Infobip.
The campaign recognises Africa’s rising global stature in both fintech and sport Mukuru (www.Mukuru.com), a leading next generation financial services platform in Southern Africa, launched a new campaign following the announcement of a series of sponsorships, including English Premier League side Crystal Palace and Springbok legend Tendai “The Beast” Mtawarira. The ad campaign features Crystal
The UBA branch in the DIFC will service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services The United Bank for Africa (UBA) (www.UBAGroup.com), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20
The majority of the country’s urban population resides in townships according to the World Bank. With an 18 percent contribution to South Africa’s GDP, the informal sector is one of the most important parts of the entire economy, both as a means of employment and how millions of people obtain goods and services. Amid this
African Resonance, a leading provider of payment infrastructure that specialises in providing an entire value chain solution for terminal and merchant estate management, says Android-based payment terminals provide significant revenue-generating opportunities for South African merchants regardless of size. By enhancing these point-of-sale (PoS) terminals with value-added business applications, merchants can generate incremental revenue and ultimately
The highly anticipated modernisation of the country’s inter-banking payment system will not only boost financial inclusion but make it much easier, and cheaper, for consumers to pay both merchants and fellow consumers whilst boosting e-commerce sales says Andrew Springate, CEO of tech and financial gateway service provider PAYM8. South Africa’s Rapid Payments Programme (RPP) is
