Cross Switch and Paysoft Team Up to Drive Smarter, Scalable Payments for South African Businesses

Posted on by kara | 10598 Views | 16 min read
Cross Switch

Cross Switch, a global payments technology company, has found a strategic collaborator in its mission to bring faster, smarter, and more scalable payments to emerging markets. In partnership with South African fintech leader Paysoft, these two forward-thinking platforms are joining forces to swing the axe against digital transaction logjams that hamper South African businesses. Be

SmartSwitch Botswana Brings Financial Inclusion to Thousands of Food Grant Recipients

Posted on by kara | 4927 Views | 13 min read
SmartSwitch

SmartSwitch Botswana is blazing a trail for financial inclusion with a financial technology (Fintech) solution that puts dignity and financial services into the hands of food voucher beneficiaries. Since its establishment in 2006, Smart Switch has expanded its footprint to serve more than 75,000 beneficiaries in underserved communities across Botswana. SmartSwitch Botswana, a subsidiary of

Al Baraka Bank Egypt and South Africa Launch Joint Program to Boost Foreign Trade Ties

Posted on by kara | 8642 Views | 11 min read
Al Baraka

Al Baraka Bank Egypt has announced the launch of a cooperation program in the field of foreign trade with Al Baraka Bank South Africa. The initiative aims to enhance economic and financial collaboration between the two branches through Al Baraka’s digital trade platform, as part of the broader Al Baraka Banking Group’s strategy to create

SPAYZ.io to Roll Out Payment Solutions in Key African Markets

Posted on by kara | 11700 Views | 10 min read
SPAYZ.io

SPAYZ.io, a leading provider of innovative payment solutions, is entering three new African markets – South Africa, Egypt, and Cameroon. The move is part of fintech’s ongoing vision to transform digital commerce in Africa’s emerging markets by offering tailored local payment solutions. SPAYZ.io has been actively assessing countries in the region as part of its

Synthesis Architects the Digital Core of Modern Banking

Posted on by kara | 5627 Views | 15 min read
Synthesis

Synthesis is driving digital transformation in financial services, helping banks evolve with agility, security, and innovation. With over 20 years of experience, it delivers solutions across cryptography, cloud, data, payments, RegTech, digital transformation, and SoftPOS – built for the demands of modern banking. As cyber threats grow in complexity alongside technological advancement, Synthesis leads the

Innbucks, with 3 Million Subscribers, Adopts New Tech Platform To Become A “Digital Bank”

Posted on by kara | 22912 Views | 12 min read
Innbucks

Innbucks is migrating its mobile platform to a new technology provider called Mambu. According to a press release, the move is “part of its transformation from a digital wallet solution to a fully integrated digital bank.” With an estimated 3 million subscribers, Innbucks has quickly become one of Zimbabwe’s largest digital wallets, the largest being

EmpowerBank Limited Is Driving Digital Empowerment in Zimbabwe Through Its Partnership With EFTCorp.

Posted on by kara | 5284 Views | 18 min read
EmpowerBank

In a country where over 60% of the population is under 25 and women remain underserved by formal banking, access to financial services can be a life-changing enabler. EmpowerBank Limited, Zimbabwe’s youth-focused microfinance institution, is meeting that need head-on by building a future where young people, including women, are equipped with the financial tools, knowledge,

Stitch Raises $55 Million to Expand Enterprise Payments Infrastructure

Posted on by kara | 4790 Views | 8 min read

Stitch, a South Africa-based payments infrastructure company, raised $55 million in a Series B funding round to expand its offerings for enterprise merchants. Stitch said in a press release emailed to PYMNTS that the company will use the new funding to deepen its in-person payments offering, bolster its online payments suite, and enter the acquiring

Cross Switch Solidifies Market Position with New Payment Licence in South Africa

Posted on by kara | 11523 Views | 14 min read

This article was originally published here. Cross Switch, a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence. The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch’s position in the

Digital Transformation in South Africa: Leveraging Global Know-How to Deliver the Cities of the Future

Posted on by kara | 5676 Views | 30 min read
Digital transformation

Vulindlela Moyo, Client Director at O-CITY Digital transformation is reshaping economies across the globe, and South Africa is no exception. Payment solution providers, including automated fare collection solution providers, are spearheading the change by delivering world-class digital technologies to improve people’s daily lives. Popular apps like MyCiTi, Rea Vaya, and Uber exemplify the growing adoption of digital