South Africa's informal economy, made up of thousands of small businesses in city centres and townships across the country, represents a massive opportunity for job creation and economic growth...
Mandla Khupe 3 May 2021
Mastercard will launch a new Priceless digital experience with a video featuring recording artist Jeremy Loops performing his hit song "Down South" on the Table Mountain Aerial Cableway...
Issued by Tractor Outdoor 26 Mar 2021
Entry is officially open for Visa's 2021 edition of the Everywhere Initiative - a competition for fintech companies from all over the world...
The desire for cashless transactions - driven by the ongoing fear of Covid-19 infection - is as prevalent in the informal sector as anywhere else. What is needed is a way to make these a reality...
Craig Duggan 19 Jun 2020
The more extreme the situation, the more likely it is to fast-track new developments, says Craig Duggan...
Could 2020 be the year in which South Africans finally dethrone cash as king and trust in the ease of electronic payments in the local payments market?
Rutendo Hlatshwayo 8 Jan 2020
We've compiled our annual #BestofBiz 2019 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views...
The payments industry is facing considerable change largely because of factors such as digitalisation...
Chipo Mushwana 26 Aug 2019
Africa is still home to a large unbanked population. Eighty percent of adults in sub-Saharan Africa don't use any formal or informal banking facilities, and only 5% of adults have a credit card...
Vaughan Alexander 12 Jun 2019
Could open banking usher in a new era of convenience, access and service differentiation? It's a tantalising possibility, but not one without potential security pitfalls which must be closely managed and mitigated...
Yogesh Mathur 29 May 2019
Strategic partnerships between payment services are crucial in ensuring that the payment ecosystem is seamless...
Maroefah Smith 15 Mar 2019
Digitalisation means that people are banking from their mobile phones, making payments via barcode scanning and even in some cases transacting using cryptocurrency...
Gerhard Greyling 28 Jan 2019
National Treasury and the South African Reserve Bank (Sarb) have published the Review of the National Payment System Act 78 of 1998 policy paper for public comment...
The future of payments ecosystems is taking shape in Africa as the continent paves the way for innovation that brings together retail, banking, financial services and mobile technology...
Pick n Pay said on Monday it was unlikely to roll out the Bitcoin payment platform until there was a regulatory framework for managing risks...
Palesa Vuyolwethu Tshandu 20 Sep 2017
PayU Nigeria introduces PayU Subscription, a convenient payment method which allows merchants to safely and securely collect payments from consumers...
At the World Economic Forum (WEF) on Africa, being held in Durban, Mastercard released the ‘Cost of Cash for Consumers in South Africa Study...
Forget bootstraps, Africa is a continent dragging itself up by its code strings to become a global player - but it needs more software developers...
Brett Parker 10 Nov 2016
Europe's PSD2 is referred to the biggest development in banking history, one wonders why South Africa hasn't already followed suit...
David Liu 4 Oct 2016
Blockchain technology will become the new normal. Its disruptive nature is likely to have a profound effect on traditional financial services' way of doing business...
Peter Alkema 4 Aug 2016
MasterCard has announced that it will collaborate with Microsoft to bring simple and secure e-commerce payments to Microsoft Dynamics users...
We asked Jaco Marais, co-founder and managing director, to tell us more about KaChing, how it facilitates commerce and how it has been influenced by e-commerce...
Cari Van Wyk 15 Apr 2016
Online security breaches are becoming the order of the day, and such incidences are set to rise as the economy comes under increasing pressure. It is, therefore, becoming increasingly important...
Andries Kok 31 Mar 2016
Finance services have to wake up to the fact that it is under threat by the nimbleness and innovation of fintech...
Rapidly advancing technology is not just changing the topography and demographics of East Africa - it is transforming the entire face of business, retail and financial development. What was once viewed as an untappable region is now being revisited with fresh eyes as an evolving market that is robust, viable and competitive - and should be globally recognised...
Eran Feinstein 5 Jan 2016
Figures obtained from the Airports Company South Africa indicates that more than 743,000 passengers bought tickets for domestic flights in August this year...
The 7th Mobile Money & Digital Payments Africa conference will take place from 19 to 21 May 2015 at the Hyatt Regency in Rosebank, Johannesburg...
Mobile Money Africa is planning to focus on the expansion of technology, products and services in the mobile and digital payments industry.
There's a new kid on the block in the payments environment that promises to deliver even greater convenience and practicality. It's called Bluetooth Low Energy, or BLE, and it's based on technology that is over a decade old.
Adrian Hope-Bailie 13 Mar 2014
Visa, AMEX and MasterCard have announced a global standard to enhance security and simplify the consumer purchasing experience when shopping on a mobile phone, tablet, personal computer or other smart device.
Actis, a global private equity firm, will become the majority shareholder of Paycorp Holdings, one of South Africa's independent payment groups. This follows after Actis recently announced its acquisition of Paycorp from Transaction Capital Limited for approximately R937-million.
The fifth annual Mobile Money Africa will gather more than 400 industry leaders to discuss collaboration and moving the market forward when the conference and expo returns to Johannesburg, South Africa from 28-29 May 2013.
MobiKash Afrika Limited, a private company incorporated in Kenya, has unveiled an innovative independent mobile commerce ecosystem. The platform will work across all Kenya's four GSM networks (Safaricom, Airtel, Orange, and Yu) and across participating banks.
Carole Kimutai 1 Aug 2011
The area head position for Southern Africa is a new role created by MasterCard Worldwide as part of a recent organisational restructure of the company's Middle East and Africa division. It will be headed up by Anna Jones, who has held positions at some of the world's leading strategic and management consulting firms, including McKinsey & Company and PWC. She has a MSc in Management from London Business School and a BSc from Manchester University.
ORANGE, US: Secure Payments Systems (SPS), a national leader of value-added payment services and transaction processing in the US and Canada, has announced that it has become the first direct processor of Street Savings mobile marketing products.
NAIROBI: Visa, in partnership with I&M Bank of Kenya, recently launched its e-commerce license. Visa currently has four million cardholders (50% Kenyan) in the East African market and has worked with Kenya's I&M Bank to ensure it was compliant with international standards.