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GTBank Wins Nigeria’s Best Bank & Africa’s Best Bank for CSR at EMEA Finance Awards

Foremost African financial institution; Guaranty Trust Bank plc reaffirmed its position as a leading global brand with its recent recognition as the “Best Bank in Nigeria” and the “Best Bank Read More →

Low Card Acceptance at Informal Enterprises Despite High Consumer Demand

More than 51 percent of South Africa’s informal enterprises have encountered strong customer interest in paying by card, yet around 90 percent of them continue to run as cash-only businesses. Read More →

Using Prepaid Cards to Drive Financial Inclusion in Nigeria

The prepaid industry is now a truly worldwide market. Since launching in the mid-1990s in the US and the first programme in Europe in 1999, the popularity of prepaid cards Read More →

Direct Pay Online Group Acquires Setcom, SA Online EFT Solution Provider

The Direct Pay Online Group (DPO) announces the acquisition of Setcom (Pty) Ltd, which operates SID Instant EFT, the original and leading instant electronic funds transfer (EFT) solution in South Read More →

FirstBank Nigeria Recertified to PCI DSS Version 3.2

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand, has successfully recertified to the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having been one of the Read More →

Mastercard Launches Kionect for Nairobi’s Smallest Shopkeepers

Mastercard has unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS. Orders submitted via a feature Read More →

PayU sees 8.5x Increase in Black Friday Traffic Volume from Last Year

In a Black Friday that saw the spike in volumes challenge many eCommerce companies, payment services provider, PayU, facilitated an increase of around 8.5 times the transaction volumes from last Read More →

Paysafe Partners with Ethiopian Airlines to Enable Mobile Payments

Ethiopian Airlines, one of the largest airlines in Africa, has partnered with Paysafe, a global payments provider, to offer customers the option of paying via Skrill and NETELLER digital wallets. Ethiopian Read More →

TransUnion Launches Mobile Credit Reporting Platform in Rwanda

TransUnion Africa, a provider of global information solutions for assessing and managing risk, has launched Menyesha, a mobile credit reporting platform, to specifically cater to the Rwandan market. Menyesha, literally "Inform Read More →

Cairo Based Firm eVision Partners with Volante Technologies

Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages on premise or as a cloud service, has announced its partnership Read More →

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