Capitec Launches Secure Banking App

Capitec Bank, South Africa’s fastest growing retail bank for individuals, has announced the launch of its remote banking app. A key difference when comparing the app to other banking apps is that it can be accessed on both feature phone and smart phone. The Capitec Bank app also uniquely offers security via the phone and

Irish Minister for Trade and Employment Opens Acquirer Systems’ EMV Training Programme in South Africa

Acquirer Systems, a leading provider of test and validation solutions to the international payments market, has launched its EMV Training Programme at a breakfast briefing in Johannesburg, South Africa. The launch is taking place in the presence of Ireland’s Ambassador to South Africa, His Excellency Brendan McMahon and Irish Minister for Trade and Employment Joe

Partnership Between Web Developers and Payment Services Key to e-Commerce Success

The quality of the relationship between a web developer and a payment services provider is one of the key ingredients of a successful e-commerce website, says Michael Richards of SiteMeUp Online Marketing. “Our job is to help our clients grow their business online,” says Richards. “One part of that is building sites that are easy

Takealot Founders Launch SA e-Commerce Platform Raru

Newly launched e-commerce platform Raru is providing South Africans with an additional outlet for consumer electronics, music, films and books. The website, with is currently in beta, was started by the founders of Take2, which after being sold to Tiger Global in 2010 rebranded as Takealot. “We are almost all part of the team who

Setcom Partners with Digital Planet to Deliver Holistic E-commerce Solutions

Leading South African Payment Gateway, Setcom Payment Solutions, has announced their partnership with innovative e-commerce solution provider, Digital Planet. This partnership will enable Setcom to introduce a wider range of e-commerce services to their existing portfolio of online credit card processing, SID Instant EFT and mobile payment solutions. “We feel that Digital Planet’s services would

ACI Worldwide’s Point to Point Encryption Solution Helps Protect South Africans’ Cardholder Data at Point of Sale

ACI Worldwide has announced that Ecentric Payment Systems, South Africa’s leading payments processor, is utilizing ACI’s Point to Point Encryption (P2PE) solution to provide a more secure path for consumer transactions initiated at many of the largest retailers in Africa. P2PE is an emerging encryption technique in the payments industry that protects sensitive cardholder data

Capitec Announces Home Loan Offer at Annual General Meeting

Capitec Bank, South Africa’s fastest growing retail bank for individuals, announced at its AGM that the bank will launch a home loan offering in answer to market demand. Capitec Bank has concluded a co-operation agreement with SA Home Loans to pilot the introduction of home loans throughout branches in Gauteng for a period and thereafter

Paycorp Acquires Saicom Group

Paycorp, one of South Africa’s leading payment services companies, has acquired 100% of the issued share capital of Saicom Group, the holding company of Kazang Prepaid and Saicom Payphones. Kazang, considered one of Southern Africa’s leading providers of value added transaction services, provides prepaid voice, mobile data and electricity through proprietary mobile vending terminals that

uAfrica to bring Shopify services to SA

South African e-commerce technology platform uAfrica has partnered with e-commerce store creator Shopify, to provide the latter’s services to the South African market. uAfrica said South Africans sell through a combination of web storefronts, online marketplaces and in-person, and the Shopify partnership helps bridge the gap and streamlines business operations and sales. HumanIPO reported last

R10bn Sent to FNB eWallets Since October 2009

FNB has announced that more than R10bn has been sent to recipients via its mobile money solution, eWallet in South Africa, since its inception. Fifty-three percent, R5.3 billion, of the R10 billion was sent in the last year alone (May 2013 to April 2014), proving that mobile money is fast becoming an accepted replacement for