Standard Bank believes that the right capital and capacity interventions now will set East Africa on a sustainable path to prosperity, including the very real possibility of becoming middle-income economies within a generation. In line with the Group’s purpose of driving Africa’s growth, the emergence, proliferation, and expansion of small and medium businesses in East
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
Written by Ryan Falkenberg, co-CEO, CLEVVA Customer service in call centres, particularly in the banking sector, has been variable, at best, for a number of reasons. Technologically, many businesses are still siloed. This means agents don’t always have access to everything they need. If they do, it’s in several different systems with varied logins and
Consumers are becoming less inclined to carry cash, for both personal safety reasons and simple convenience. The move towards a cashless society accelerated during the pandemic when more people swapped cumbersome cash for a quick card tap. As South Africa, traditionally a cash-based society, slowly shifts towards electronic and card payment methods, businesses that don’t
We live in a world where ease and speed are expected – our impatience grows stronger every day. This doesn’t stem from a sense of entitlement but is a product of constant evolution and innovation. This applies especially to making payments. Halo Dot is a ‘game-changer, sale maker’ that makes contactless card payments more accessible,
The ATM Industry Association (ATMIA) today announced the appointment of David Tente as the next President of the ATM Security Association (ASA) from July 1st. He succeeds outgoing President, Mike Lee, who is retiring as CEO of ATMIA, which runs ASA, at the end of June. Tente will continue as Executive Director, USA, Canada &
South Africans are struggling on the back of fuel price increases along with rising food and utility costs. Increasingly, credit cards are being used to pay for expenses, which is a dangerous trend in a country that is already highly indebted. According to SA’s largest buy now pay later (BNPL) provider, Payflex, this payment method
The South African Social Security Agency (SASSA) has been dealing with the reconsideration of the covid-19 SRD Grant applications for a while which caused a lot of dissatisfaction to the public at large. After months of dealing with appeals, verification and reconsideration processes about seven hundred and fifty thousand (750 000) have been paid and
This partnership will allow customers in the province to conveniently pay their water bills with their preferred mobile money and selected bank accounts Zambia is pleased to announce a digital payment partnership with five leading Zambian water utility companies; Nkana Water, Kafubu Water, Mulonga Water, Chambeshi Water and Western Water. This partnership will allow customers
Entersekt, a global leader in device identity and payment authentication, today announced a new investment from PAPE Fund 3 (PAPE), an established mid-market South African private equity fund. The transaction was signed on 24 May 2022 and follows an investment by Silicon Valley-based Accel-KKR in December 2021. Entersekt was founded in Stellenbosch in 2010. The
