Discover all the payments and fintech-related news and analysis about South Africa in The Paypers News, Reports, along with other South Africa-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about South Africa in The Paypers News, Reports, along with other
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South-Africa based PSP Thumbzup and cloud service distributor First Distribution have joined hands to start processing card transactions in Microsoft’s Azure Cloud.
Thumbzup, First Distribution, Microsoft, Azure cloud, PSP, card transaction processing, PCI DSS, PCI-PIN, P2PE, machine learning
South Africa-based digital-first financial services enabler Ukheshe has launched its first Tap-to-Pay phone payment solution that doesn’t require certifications.
Tap-to-Pay, mobile payments, mobile money, transactions , online payments, contactless payments, payment methods, digital payments
helloPay, Mastercard, mPOS, online payments
Standard Bank, one of the largest bank groups in Africa, has introduced Apple Pay as an alternative payment method for its clients in South Africa.
online bank, Apple, Apple Pay, mobile payments, contactless payments, digitalisation, digital wallet
First National Bank (FNB) has announced it will expand its payment ecosystem with two Small and Mid-sized enterprise (SME) solutions: the FNB WebStore and FNB Android Speedpoint.
product launch, SMEs, digitalisation, banks
South Africa has announced Project Khokha 2 to explore the use of both a wholesale central bank digital currency (CBDC) and a wholesale settlement token, for interbank use.
Project Khokha, CBDC, blockchain, Corda, R3, stablecoin, Token
South Africa-based digital payments company Ozow has launched a series of new payment platforms to simplify payments for consumers and merchants.
Ozow, Ozow PIN, EFT payments, Ozow Revolution, online payments, South Africa, QR payments, Africa, mobile payments
Synthesis, product launch, South Africa, Africa, contactless payments, tap-on-phone, card payments, online payments, merchants, Nedbank, Visa and MasterCard
South Africa, Mama Money, fintech, cross-border payments, money transfer, remittance
South Africa-based data management company DMP SA has launched a Compliance-as-a-Service (Caas) solution to help businesses comply with the Protection of Personal Information Act.
data analytics, data protection, compliance, financial data, product launch
Payflex, BNPL
fintech, startup, lending, credit scoring, Open Banking
South Africa-based payments company Yoco has delivered a selection of online payment solutions that fits in context of any small business.
online shopping, ecommerce, product launch, merchant, SMEs
South Africa-based device identity and customer identification provider Entersekt has partnered with BankID to provide Norwegian banks with secure in-app and browser authentication.
partnership, online authentication, digital identity, KYC, AML
Digital retail finance platform Zip has announced its intention to fully acquire South Africa-based Buy Now, Pay Later (BNPL) fintech Payflex as part of its global expansion plans.
acquisition, BNPL, online payments, Visa, Mastercard
Mastercard has announced a partnership with South Africa-based fuel payment fintech Payment24, to help fleet management companies streamline payments and prevent fraud.
Payment24, MasterCard, partnership, fraud prevention, secure transaction, fleet operator payments, fuel payments, online payments, card payments, fleet management, South Africa, Africa
Rand Merchant Investments (RMI), through its fintech investment arm, AlphaCode has exited its investment in Luno.
Luno, cryptocurrency, Digital Currency Group, investment, fintech, AlphaCode, RMI
South Africa-based Absa Bank and US-based IFC, a member of the World Bank Group, have announced Africa’s first certified green loan.
partnership, funding, green finance, banks
South Africa-based BNPL provider Payflex has partnered with alternative lender Merchant Capital to launch a cash advance service for South Africa’s SMEs.
BNPL, Payflex, merchants, SMEs, instalment payments, online payments
South Africa-based fintech and mobile payment platform Zapper has launched its Tap-To-Phone payment function for Android users.
Tap-to-Pay, NFC, Android, POS, mPOS, digital payments, mobile payments, payment processing