African payments provider iVeri’s EMV chip-and-PIN mobile payments solution, MPress has been approved by the Visa Ready program. The approval applies for use within Visa Inc. territories. Visa Ready, introduced in February, 2013, is designed to provide innovators with an easy way to collaborate with Visa and quickly introduce Visa-compliant devices, software and solutions that
Humanness, social contracting, and trust – these are the three key aspects that influence customer satisfaction and retention, according to the latest trends reported by the 2013 Ask Afrika Awards. The Ask Afrika Orange Index uses audited, independent research to measure service in South Africa. Capitec Bank, the winner of the overall Banking Industry Award, cites its recent investment of over R200 million
There was a massive breach in South Africa’s banks last week resulting in tens of millions of rands in losses. The breach was caused by a malicious malware called Dexter which was unknowingly installed on the POS terminals of a number of fast food chains. It is believed that the malware was implemented by an
With the launch of the Pick n Pay smart shopper mobile app, customers can now access all the benefits of South Africa’s favourite rewards programme anytime. With about 12 million smart phones in circulation in the country, they¹re the one thing that many South Africans just can’t do without. With this in mind, Pick n
Absa Bank Limited and Absa Financial Services Limited, subsidiaries of Barclays Africa Group Limited, announced that Louis von Zeuner has resigned from the boards of Absa Bank and Absa Financial Services, with effect from the end of September 2013. Von Zeuner relinquished his full-time executive role as Deputy Chief Executive of Absa Group in December
Traveling abroad and sending money home by foreigners are just a few of the reasons people check currency exchange rates and money transfer services, only partially accounting for the rise in numbers of transactions in the last ten years. With an increasing number of companies offering these services, consumers are often at a loss as
In a previous article we discussed which big retailers are doing ecommerce in South Africa. With the word out that the South African ecommerce boom is on the way, we thought it would be a good idea to do a follow up article on which ecommerce sites are the popular in South Africa. In order
A little more than six months after the launch of its popular banking application for smartphones and tablet devices, financial services group Absa has added a first-to-market feature on its App with the ability to assign profile images for beneficiaries. The bank also revealed a number of unique and improved features to its App that
There’s not much of a limit on what you can buy online these days. Thing is, in South Africa at least, almost all of those ways involve having a bank account and, if you want things to be really simple, a credit card. But what if you could finance your online purchases with a single
At the ATMIA “Emerging New Africa” show, NCR Corporation in collaboration with Bytes Managed Solutions, launched NCR APTRA Interactive Teller, a new ATM-based technology that makes everyday banking transactions easier for customers by allowing them to complete more than 95% of typical branch transactions at the ATM assisted by a live remote teller, well beyond
