Payment News

Mastercard and Nigerian Business Leaders Commit to Transforming Nigeria’s Cities into Strong Economic Hubs

With half of Nigeria’s population currently living in cities, it is critical that a development framework is in place to ensure future growth is sustainable. This was a key message Read More →

NCR Partners with Samsung, Unveils All-in-One Commerce Station

NCR Corporation, in collaboration with Samsung Electronics America, Inc., today launched NCR Silver Quantum™, an all-in-one point-of-sale (POS) commerce station featuring an integrated payment device with mobile wallet acceptance capability, Read More →

Ecobank Group Research Reveals Three Key Emerging Trends for Africa

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched at AfricaFICC. Read More →

UnionPay is accepted at all ATMs in Egypt and will be available at 40% of merchants

UnionPay International announced today that it has reached cooperation with Banque Misr in Egypt. The two sides have agreed to enable UnionPay acceptance at all the Bank’s local merchants by Read More →

Visa Introduces New Payment Wearables for Olympic Winter Games 2018

Visa, the exclusive payment technology partner at the Olympic and Paralympic Games, has introduced three commercially available wearable payment devices. In the spirit of the Olympic Winter Games, Visa created NFC-enabled Read More →

Card Issuers Upgrade from Maestro and Electron to Mastercard and Visa

RBR’s latest research shows that issuers in Europe are taking advantage of the wider acceptance enjoyed by Mastercard and Visa by upgrading Maestro and Visa Electron cards. Switching to Mastercard and Read More →

Net1 Launches One of the World’s Largest Virtual Card Programs with MobiKwik and IDFC Bank

Net1 has announced that One MobiKwik Systems Private Ltd. (“MobiKwik”) has launched one of the largest global virtual card programs in partnership with IDFC Bank Ltd (“IDFC Bank”) and Visa using Read More →

TerraPay and Wari Enter a Strategic Partnership for Cross-Border Money Transfers

TerraPay, the world’s first mobile payments switch, and Wari, a global platform offering digital financial services have signed a strategic partnership agreement that will strengthen the remittances ecosystem in 35 Read More →

Grab and TransferTo Partner up to Deliver Real-Time Digital Payouts across South-East Asia

TransferTo, a global Cross-Border Mobile Payments Network, has been chosen by Grab, a mobile ride-hailing and payments platform in South-East Asia, to enable real-time earnings payouts for Grab drivers using their Read More →

Broadening Financial Inclusion Through Informal Sector Innovation

In developing markets around the world, it is the informal economies that serve as the quietly humming engines of growth. By way of example, the informal economy accounts for over Read More →

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