Making the Shift to Digital Payments in Africa

Daniel Monehin shares his views on the importance of mobile technology, partnership between the public and private sector as well as the need for Africa to move beyond cash. Accessibility to practical financial solutions is key to shifting Africa’s dependency on cash, and with the continued adoption of mobile devices on the continent, we envisage

Free mPOS Terminals Now Available for SMEs in the South African Market

Take payments anywhere, any time Three different payment options: free ZipZap, buy outright or a rental option Boost sales as paying by card encourages impulse purchases and higher spend Convenience – customers have more payment options There is no risk of non-payment Transactions are secure and inexpensive Re-chargeable credit card machine with long battery life

FNB Launches Nav›› – A Digital Financial GPS That Puts You in Control of Your Finances

, the first of its kind digital tool that helps you navigate through your financial journey, simply and innovatively via the FNB Banking App. Simplifying a customer’s financial journey through new and agile technologies is essential in driving change in our disruptive eco-system. “nav›› is a simple and convenient tool which provides customers with smart

Cost of Neglecting Digital Security: Long-term Consequences for Banks

Entersekt. Around the world, banks and their customers are under threat from increasingly sophisticated cybercriminals. The underworld is often quicker to apply advances in technology for their attacks than large enterprises are able to do in defense. One report released by the Centre for Strategic and International Studies in 2014 described cybercrime as a “growth

Computop and PayU Partner to Deliver Payment Solutions for Emerging Global Markets

Computop, a leading payment service provider (PSP), and PayU, a leading payment service provider in emerging markets, announced a partnership that provides retailers with payment solutions for high growth markets around the world. 90 percent of the global population under 30 years of age is living in emerging markets.  With e-commerce in developing economies growing

Absa Partners with Walletdoc for Billpay Solution

walletdoc, a South African fintech startup, offering users a smart, secure and convenient way to pay their bills such as monthly subscriptions and utilities – without the tedious filing and administration normally associated with payments. The innovative payment solution notifies you when bills arrive, reminds you when bill payments are due and allows you to

The South African Banking Risk Information Centre Warns to Carry Cash Safely

Carry as little cash as possible Consider the convenience of paying your accounts electronically (consult your bank to find out about other available options) Consider making use of cell phone banking or internet transfers or ATMs to do your banking Alternate the days and times on which you deposit cash If the amount of cash

FNB Introduces App 5.0 With A Range Of Firsts In Africa

Smart InContact, which notifies customers of transactions as low as one cent, with full control to report fraud with 1-touch of the Smart inContact notification to the 24/7 FNB Fraud line. Smart inContact also replaces SMS OTPs as a secure way to approve, reject or report fraud for any Online Banking transactions. Logins from unknown