What is Point-to-Point Encryption?
An Introduction to P2PE Credit and debit cards are becoming increasingly popular methods of payment in South Africa, with consumers of all income levels finding them easier and more convenient than carrying cash. According to Euromonitor there are currently over 47 million debit and credit cards in circulation in South Africa, with an expectation of
PayU EMEA’s New CEO Excited by Local Opportunities – A Q&A with Mario Shiliashki
What are your immediate goals in your new position? One of the reasons I joined PayU is that there’s a massive opportunity in front of us; for PayU, in the payments space and beyond, as well as in Fintech and in financial services in general – for merchants and consumers. At PayU we are multinational,
Capitec Proves it is a Serious Contender By Outperforming Competitors in Customer Satisfaction
Adrè Schreuder, CEO of Consulta and founder of SAcsi, says that a three year trend indicates that Capitec has shown the greatest improvement in overall customer satisfaction, whereas Absa showed a turnaround last year although not being able to sustain the improvement in 2015. Standard Bank have shown marginal decline for the last two years.
SA Online Retail to Pass 1% of Total Retail in 2016
Nomanini Integrates With M-Pesa for Merchant Cash-in
UnionPay International and Bank of China Issue the First UnionPay Prepaid Card in South Africa
bidorbuy Partners with BitX to Introduce Bitcoin
bidorbuy.co.za announced the addition of bitcoin as a payment method through their partnership with BitX, a leading global bitcoin platform. The partnership makes it easy for the thousands of bidorbuy sellers to accept seamless, fast and cheap payments from millions of international bitcoin users. “We believe it is important to provide our buyers and sellers with
3 D Secure in South Africa
Card Holders shops on the Merchants Website Card holders are requested to enter their card details on the Merchants website/on the hosted payment page of their Payment Gateway Card Holder is redirected to their Card Issuing Banks Authentication Page Card Holder is smsed /emailed their One Time Pin (OTP) Card Holder enters their One Time
PCI Compliant Payment Gateways in South Africa
registry and compiled a summary of all South African payment gateway providers. [caption id="attachment_18420" align="aligncenter" width="640"] Notes on service provider feedback on the registry status: • iVeri: In the process of renewing their PCI certificate • Setcom: PCI audit completed in Jan 2016, registry update imminent • Hyphen: In the process of being validated •

