SureSwipe, a leading Payment Services Provider (PSP), has launched SureSwipe Move – the first Mobile Point of Sale (MPOS) solution in South Africa to achieve Point-to-Point Encryption (P2PE) certification from the PCI Security Standards Council. This means that SureSwipe Move’s secure devices, applications and processes comply with the Standards governing the encryption of card data
Perago, a wholly-owned subsidiary of SIA, has signed an agreement with Swish Payments Ltd., a mobile commerce provider owned by leading South African payment service provider Setcom Payment Solutions, to support its new m-commerce initiative in Africa and Europe. Through SIA’s technology infrastructure, Perago will enable the Swish solution that utilises a mobile app and
The FNB Banking App turned three years old this weekend. The Banking App was the first of its kind in South Africa, when smartphones became available to FNB customers in 2011. FNB was also the first to launch the Banking App specifically designed for Tablets in April 2013. “From winning the title of MTN; App
With EMV’s continued expansion overseas and impending adoption in the U.S., fraudsters are turning away from scamming physical credit and debit cards and instead setting their sights on the card-not-present space online. In an effort to further protect its customers from potential fraud online, South African-based Nedbank has partnered with Entersekt, to integrate the solution
What is an Internet Merchant Account? A standard Merchant Account is a facility established by a bank which enables a company to route money from credit card sales to an account which holds it before transferring it to the business’ own account. Any business which wishes to accept credit card payments must therefore have a
PayFast sellers can start accepting Bitcoin payments from local and international buyers. (Note that Bitcoin payments are currently in beta testing mode.) PayFast entered into an exciting partnership with South Africa’s biggest Bitcoin exchange, BitX, which will allow buyers to make Bitcoin payments to PayFast sellers. What makes this different from most Bitcoin platforms/transactions, is
South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative MasterCard digital service, MasterPass. MasterPass enables consumers to make convenient, simple, fast and secure digital payments. Digital wallets accessible through the MasterPass acceptance network allow consumers to store all their MasterCard or other branded
When four-time world surfski champion Dawid Mocke started gaining international interest in his line of personal flotation devices and other paddling gear, he quickly realised an effective e-commerce website and an easy-to-use payment gateway were essential. “We have a niche business in a fiercely competitive field and it’s essential to make the experience as easy
uAfrica.com, a leading South African eCommerce technology company, has announced the launch of the first phase of its expansion plan into the rest of Africa. The first phase targets Nigeria with a trial Proof of Concept (POC) partnership with MTN Business customers who will be able to develop their own online shops through uAfrica.com. Phase
MasterCard’s Multi-currency Cash Passport, a prepaid Chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four currencies (U.S. Dollars, Pound Sterling, Australian Dollars and Euros) at once, the MasterCard Multi-currency Cash
