PayFast to Expand in Africa

Posted on by wademinnie | 12670 Views | 8 min read

South African payment platform PayFast is exploring its options for launching in other African countries. HumanIPO reported earlier this month on Jonathan Smit, managing director at PayFast, speaking on credit card fraud in South Africa at the eCommerce Conference held in Sandton.Whereas in South Africa 80 to 85 per cent of the adult population is

eBay Inc. to Aquire Global Payments Innovator Braintree

Posted on by wademinnie | 9926 Views | 12 min read

eBay Inc.  announced that it has agreed to acquire Braintree, a global payment platform powering the next generation of leading online and mobile-first startups, for total consideration of approximately $800 million in cash. “Braintree is a perfect fit with PayPal,” said eBay Inc. President and CEO John Donahoe. “Bill Ready and his team add complementary