ATM Solutions has installed solar powered ATMs at a number of sites in Mpumalanga. These are believed to be the first such ATMs in the country, developed to provide back-up solutions during power outages. The solar panels produce electrical energy from the sun’s rays and store this in a battery while the ATM runs as
MoneyGram, a leading global money transfer company, has extended its relationship with Standard Bank Group. MoneyGram’s services are available at over 500 Standard Bank Group locations in 12 countries in Africa. On signing the renewal agreement to this week, Pamela H. Patsley, MoneyGram’s chairman, said: “MoneyGram is focused on growing our presence in Africa through
Three years ago FNB launched its smart device deal, a first of its kind banking offer, which gives customers access to smart devices and enables them to bank digitally. Since inception FNB has sold over 250 000 devices, worth over R1 billion, with 90% of these devices using FNB’s digital banking channels. “Digital banking is
Pick n Pay has partnered with Webtickets, South Africa’s market leader in integrated online ticketing solutions, as its exclusive retail ticketing outlet. And, in a first for South African retailers, customers are now able to order tickets for any Webtickets event online or via their mobile device – and pay for them in store at
Africa offers enormous growth potential for e-retailers given that online shopping is in its infancy in the region. This is according to Sumesh Rahavendra, head of marketing for DHL Express Sub Saharan Africa, who says the recently released ‘Shop the World!’ report reveals that emerging markets offer the highest growth potential for the eCommerce industry.
South African consumer confidence has improved for the second half of 2014, according to the latest MasterCard Index of Consumer Confidence released. With a score of 58.7, a slight improvement of 2.4 points compared to last year’s score of 56.3, the Index currently describes consumer confidence as ‘neutral-positive’. Now in its eleventh year in South
FNB Business has announced a partnership with Empowerdex to process applications for Black Economic Empowerment (BEE) certificates through the Bank’s online banking channel. The online application process is quick, easy and requires that the applicant has all the necessary documentation. Sanjeev Orie, CEO of Value-Adds at FNB Business says, “This is an exciting development because
“Mobile money, while undoubtedly achieving impressive growth across Africa, is really still in its infancy,” says Vahid Monadjem, co-founder and CEO of cash-based POS platform provider Nomanini. “Unfortunately, many of the statistics surrounding the number of mobile money transactions taking place in countries like Kenya are misleading. We need to continue to build on the
FNB’s market-leading Banking App is now active on more than 1 million smart devices. The Banking App, which launched in July 2011, was the first of its kind in South Africa when it launched a little over 3 years ago, the same year the bank made smartphones available to its customers. “This milestone is testament
Absa is celebrating successful businesswomen during the month of October. Hosted by Absa Business Banking, the Women in Business Series recognises the achievements of some of South Africa’s top women entrepreneurs at events across all nine provinces. Prominent businesswomen will address and facilitate each session including Margaret Hirsch (co-founder and Chief Operations Executive at Hirsch’s
