MasterCard and Ecobank Announce Multi-country Agreement in 28 Sub-Saharan African Countries

Ecobank Transnational Inc. and MasterCard, have announced a multi-country licensing agreement which will provide access to MasterCard’s electronic payments solutions for Ecobank’s customers in a further 23 African countries. The agreement is the culmination of a Memorandum of Understanding (“MOU”) originally signed in November 2011, and importantly, enables electronic payments access to more than 60%

ACG Expands ATM Reach in Africa

ACG has inked its second reseller agreement with an African ATM firm. This most recent agreement was made with South Africa’s own TIM Trading. The deal grants TIM Trading with exclusive rights to sell and distribute ACG spare parts in several countries throughout the southern portion of Africa, including: Botswana, Namibia, Madagascar, Mozambique, South Africa,

FNB Zambia and Visa launch Annual Card Security Briefing

FNB Zambia and Visa have introduced the annual Card Security Briefing, an initiative aimed at creating greater awareness amongst consumers to adopt cards as a safe and convenient way to make their daily purchases. Over time, cards have increasingly become popular way of paying for goods and services in Zambia. FNB forecasts that the value