Paycorp, one of South Africa’s leading payment services companies, has acquired 100% of the issued share capital of Saicom Group, the holding company of Kazang Prepaid and Saicom Payphones. Kazang, considered one of Southern Africa’s leading providers of value added transaction services, provides prepaid voice, mobile data and electricity through proprietary mobile vending terminals that
MasterCard announced a key milestone in the evolution of its digital payment service, with 16 of Australia’s leading payment service providers confirming they will introduce MasterPass across their customer base. A huge step in the evolution of digital payments, this roll-out will grant thousands of Australian merchants across different e-commerce categories the option to opt
Transaction Capital today announced that it has entered into a definitive agreement to sell its wholly-owned subsidiary Paycorp to pan-emerging market private equity firm Actis. Paycorp, owned by Transaction Capital since 2006, is South Africa’s largest independent owner and operator of off-site ATMs and a deployer of Visa-certified pre-paid debit cards. Actis will acquire the
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