Nedbank and iVeri celebrates 15 years in partnership

In celebrating the 15th year anniversary of working together, Nedbank recognises the partnership it has established in 1998 with iVeri whose unique technology continues to be invaluable in enabling eCommerce. Pamela White, Head Corporate Card Services at Nedbank says, “We are proud to partner with iVeri to assist businesses improve efficiency, allowing for an environment where

PayFast to Expand in Africa

South African payment platform PayFast is exploring its options for launching in other African countries. HumanIPO reported earlier this month on Jonathan Smit, managing director at PayFast, speaking on credit card fraud in South Africa at the eCommerce Conference held in Sandton.Whereas in South Africa 80 to 85 per cent of the adult population is

South Africa, Kenya Ranked Top Users of Cashless Payments in Africa

South Africa and Kenya are leading the continent in embracing and adopting cashless payments, according to the results of a new global survey. Dubbed The Cashless Journey, the report shows that 43 per cent of South Africans, 27 per cent of Kenyans and 7 per cent of Egyptians, which came third in the continent, had

iVeri Announces PCI-DSS Compliance Renewal

iVeri Payment Technologies has announced their successful completion and renewal for the fourth year in a row of PCI-DSS compliance certification. The iVeri services covered by this certification are: * Payment Processing-POS * Payment Processing-Internet * Payment Gateway/Switch * Payment Processing-MOTO This compliance renewal assures customers of iVeri’s ongoing commitment to international and regulatory standards.

Most Expensive Apple Macbook in SA @ R999,999,999.

uPrice.co.za might want to rethink their default settings. I was in the market for an Apple Macbook Air and thought I would do some research  to check out the best prices.  uPrice.co.za was advertising the Apple MacBook Air on their home page and so hoping to find a good deal I clicked to see what

PayU now Enables Customers to Purchase Airtime and Electricity Online

In their bid to making online payments in South Africa easier and more convenient, PayU, SA’s largest online and mobile service provider has just incorporated online airtime and electricity purchasing into their offering. “We are always looking for innovative ways to add customer value,” says Mark Chirnside, CEO of PayU. “Our ever-increasing product offering is

Capitec Posts 39% Growth In Tough Conditions

Capitec Bank reported an increase in headline earnings of R271m to R971m, for the six months to end August 2013, up 39% compared to the same period a year ago. Headline earnings per share for the period was up 20% to 844 cents, as growth per share was diluted due to the rights issue in

Payment Gateway Helps University Streamline Fee Payments

Late payments are a cash flow nightmare for any organisation – which is why the University of the Western Cape (UWC) turned to payment services provider PayGate to make revenue collection easier and more effective. “Every year we need to collect millions in student fees, as well as application fees from prospective students,” says UWC’s

Kalahari.com Selects SAP’s Hybris as Online Commerce Platform

hybris, a SAP company and the world’s fastest-growing commerce platform provider, announced that kalahari.com, South Africa’s largest online retailer, has selected the hybris Commerce Suite to power its retail vision forward, strengthen its position as an innovative market leader, and fast-track market growth selling both digital and physical goods via its online stores and marketplaces. A 2013

MTN Mobile Money Surpasses One Million Users

Mobile Money subscribers on South Africa’s MTN network have reached one million since the service was launched in November last year. Unlike in Kenya, where the concept has grown rapidly, mobile money has been slow to catch on in South Africa, which has a more matured and developed formal banking sector. According to MTN and