MasterCard Launches MasterPass in South Africa

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

Mocke Paddling Chooses PayGate for Effective e-Commerce

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 Rolls Out African Expansion Plan

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

Cash Passport Allows Four Currencies to be Preloaded on a Single, Chip and PIN Prepaid Card

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

Emerge Mobile Launches MPOS Solution

Emerge Mobile, a South African based technology company in the mobile payments space, has announced the commercial launch of its Edge MPOS payment card acceptance solution. iKhokha, a South African, Cape Town based financial services brand created by Emerge Mobile, is the inaugural go-to-market vehicle for The Edge, which is a secure and compact Chip

Why Bitcoin May Re-Write Banking Practice and Transform Political Paradigms

Over the past five years, Bitcoin has grown from an experiment in digital cash to a vibrant, global economy supporting multi-million dollar companies with a market cap of $10 Billion. “While the road has been bumpy, and quite a rollercoaster ride, it is still nascent and holds immense promise to change the world in unprecedented

Standard Bank Tops Financial Health Ranking in Africa

Standard Bank Group shows the best financial health of all the financial institutions on the African continent, according to The Banker Top 1000 World Banks 2014 rankings. They top the list in Africa with Tier 1 capital of US$10.57-billion and pre-tax earnings of US$2,9-billion. However, the list also shows that they slipped in the global

FNB Updates Banking App

The FNB Banking App has published its latest version to App stores and it is packed with new features, a new look and feel, account opening, personalised customer offers and inward SWIFT payments from abroad. The refreshed look and feel makes the App visually more appealing, and more importantly, even easier to use. The FNB

MTN Launches Mobile Money Visa Card

MTN South Africa has announced the Mobile Money Visa card is currently available from Pick n Pay and Boxer stores as of 17 June 2014, as it further enhances its mobile financial services. MTN has positioned itself as a leader in providing financial services that drive economic inclusion by merging technology into everyday life and

Bango Launches Operator Billing for App Stores in Africa, LatAm and the Middle East

Mobile payment leader Bango has announced continued momentum in 2014, confirming its growing influence as the global platform that connects app stores with Direct Operator Billing (DOB). Since the beginning of 2014, Bango has launched additional DOB for app store partners with Saudi Telecom and Mobily in Saudi Arabia, Mobinil in Egypt, Telkom in South