Infor Partners with People365 to Offer Expanded Payroll Solution Tailored for Customers in the Middle East & Africa

Posted on by Staff Reporter | 5007 Views | 12 min read

Infor offers People365 Payroll and Time Management solutions to customers along with Infor ERP and Human Capital Management solutions to enable automated and streamlined payroll functions while ensuring compliance with the region’s rules and regulations Infor®, the industry cloud company, recently announced it is expanding its offering in the Middle East and Africa with advanced

Unlocking Africa’s E-Commerce Potential With Alternative Payment Methods – Ecentric Payment Systems

Posted on by Staff Reporter | 31497 Views | 17 min read

By Quintin van der Linde, Senior New Business Developer at Ecentric Payment Systems Africa is projected to have more than half a billion e-commerce users by 2025. In part, this can be attributed to the growing adoption of alternative payment methods in the wake of the pandemic. With 45% of the population in Sub-Saharan Africa

Unifi’s Winning Formula: A Milestone in Fostering Financial Inclusion Across Sub-Saharan Africa

Posted on by Staff Reporter | 12308 Views | 10 min read

As a fast-growing provider of innovative, unsecured lending solutions to underserved markets across Sub-Saharan Africa, Unifi is thrilled to announce that it has opened its fiftieth branch in Africa. This marks an exciting milestone as Unifi moves closer to its mission of bringing simple, affordable credit to one million customers by 2025. “This milestone launch

Payment24 Announces Expansion into New Geographies and Industries

Posted on by Staff Reporter | 50709 Views | 27 min read

Continued growth supported by product innovation and ongoing customer success cracks open new markets Payment24, the global platform provider specialising in payment and loyalty solutions, today announced that the organisation is enjoying continued growth, has significantly expanded operations and acquired several new logo clients as it diversifies its business beyond a provider of solutions for

Pan African Payment and Settlement System (PAPSS) and African Securities Exchange Association (ASEA) Forge Strategic Partnership to Revolutionize Cross-Border Payment of Stock Exchanges in Africa

Posted on by Staff Reporter | 10391 Views | 14 min read

African Export and Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat developed PAPSS, which enables instant cross-border payment in local currency The Pan African Payment and Settlement System (PAPSS) and the African Securities Exchange Association (ASEA) have signed a Memorandum of Understanding (MoU) to enhance collaboration and cooperation in promoting cross-border

Cellulant’s Payment Processing Platform to Power Online and Offline Payments for Businesses in Africa

Posted on by Staff Reporter | 17657 Views | 12 min read

The payments market in Africa is experiencing rapid growth, mainly due to advancements in peer-to-peer (P2P) and consumer-to-business (C2B) payment solutions  Cellulant (https://www.Cellulant.io), a leading payments technology company, aims to change how businesses in Africa make and receive payments by introducing online and offline payment solutions. The payments market in Africa is experiencing rapid growth,

Visa Foundation Outlines Commitment to Support Women Entrepreneurs in Africa

Posted on by Staff Reporter | 10628 Views | 11 min read

Visa Foundation expects to commit more than $5 million to expand equitable access for women in Africa Today Visa Foundation announced that it expects to contribute $5 million in grants and impact investments in Africa that will support women’s participation in the digital economy.  The Foundation investments were made in connection with United States Vice

Growing Compliance to Take its Toll on Acquiring Margins Unless Banks Act

Posted on by Staff Reporter | 29627 Views | 19 min read

Banks hoping to navigate the uncertainties of 2023 will be looking to their modernisation efforts as a way to claw back some value. In its 2023 banking outlook, Deloitte has advised banks to “…reassess traditional product, service, and industry boundaries to create new sources of value.” The company has suggested that this could include exploring

Equity Group Reports a Record KES 46.1B Net Profit and A Dividend Payout of KES 15.1B

Posted on by Staff Reporter | 13016 Views | 45 min read

In the midst of a global economic downturn with a global GDP growth rate projected at 2.9% for 2023, with a downside growth outlook as a result of sticky stubborn inflation, elevated interest rates, turbulence in exchange rates, and a financial crisis, Equity Group has reported-: A 33% growth in dividend payout of a record

PAYM8 Launch a New SoftPOS Solution in Partnership with WIZZIT

Posted on by Staff Reporter | 16380 Views | 6 min read

Financial gateway service provider, PAYM8, in partnership with WIZZIT, has introduced its Tap-on-Phone SoftPOS solution.  The solution offers an innovative alternative to traditional point-of-sale devices and will give PAYM8 customers a safe, easy way to pay that can be used anywhere. The solution meets PCI (Payment Card Industry) and EMV (Europay, MasterCard, and Visa) requirements.