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Mastercard partners with Loop

News | Payments General | 01 Mar 2024

Mastercard has partnered with Loop, aiming to empower businesses and consumers in Saudi Arabia with access to advanced credit card offerings and innovative payment solutions. 

partnership, credit access, payments , financial services, credit card

Mastercard partners with MTN Group Fintech

News | Mobile Payments | 29 Feb 2024

Mastercard has partnered with MTN Group Fintech to provide African people and businesses with digital tools to transact through secure mobile payments.

partnership, mobile payments, fintech, SMEs, financial inclusion

Mastercard acquires minority stake in MTN's fintech business

News | Payments General | 06 Feb 2024

Global payment-technology corporation Mastercard has concluded the acquisition of a minority stake in the South African MTN Group’s fintech business. 

acquisition, payments , online payments, mobile payments, digital payments, ecommerce

Insights on Open Banking Evolution in Africa – interview with Deloitte

Interviews | Online & Mobile Banking | 01 Feb 2024

Deloitte Africa explores how Africa's financial sector navigates Open Banking's rise, leveraging tech partnerships, overcoming regulatory gaps, and ensuring data security for inclusive, innovative finance.

Open Banking, Open Finance, regulation, report, fintech, banks

Revio raises USD 5.2 million in seed funding

News | Payments General | 28 Sep 2023

South Africa-based API payment and collections company Revio has raised USD 5.2 million in a seed round led by QED and Partech

payment processing, payment methods, payments orchestration, startup, funding

STICPAY forms new local payment partnerships

News | Payments General | 07 Sep 2023

UK-based digital payment provider STICPAY has partnered with nearly 40 payment providers to promote financial inclusion across Asia, Africa, and South America.

mobile payments, digital payments, money transfer, local payment method, digital wallet

Mastercard to acquire a stake in South Africa's MTN

News | Payments General | 14 Aug 2023

Mastercard has decided to acquire a minority stake in the fintech arm of South Africa-based MTN, with a value of USD 5 billion.  

investment, fintech, payments , digital payments, acquisition

DPO releases new DPO Pay Mobile payments app

News | Mobile Payments | 30 Nov 2022

Africa-based digital payments company DPO Group has launched DPO Pay Mobile to allow businesses to securely transact in multiple currencies across Africa.

mobile payments, QR code, product launch, merchants, digital wallet

Meta launches a new Metaverse experience in Africa

News | Cryptocurrencies | 28 Nov 2022

US-based Meta has launched its first Metaverse experience in Africa to help Nigerian creators explore new ways to connect with their communities.

metaverse, NFT, product launch, Augmented Reality

Our vision is to bank and economically empower Africa's gig economy – Interview with ImaliPay

Interviews | Online & Mobile Banking | 13 May 2022

In this interview, we spoke with Sanmi Akinmusire, co-founder of ImaliPay, to discover how the company is promoting the financial inclusion of gig economy workers

financial inclusion, gig economy, fintech, financial health

Tencent leads a USD 48 million Series B for payments gateway startup Ozow

News | Mobile Payments | 19 Nov 2021

South Africa-based payment gateway startup Ozow has raised a successful Series B investment round with China-based fintech Tencent being the main investor.

investment, startup, payment gateway, fintech, payment processing, expansion, mobile payments

Green Digital Finance Alliance (GDFA) launches Every Action Counts coalition

News | Payments General | 28 Jun 2021

The ‘Every Action Counts’ (EAC) coalition has been launched by the Green Digital Finance Alliance (GDFA), funded by the Finance for Biodiversity (F4B) initiative of the MAVA Foundation.

green finance, partnership, financial institutions, digital banking

The blueprint for financial inclusion – Mojaloop's vision for solving the unbanked problem

Interviews | Payments General | 20 Nov 2020

The Paypers interviewed Paula Hunter from the Mojaloop Foundation to learn how financial inclusion can happen in vital regions across the world when an open source approach is embraced

Mojaloop, Mojaloop Foundation, Paula Hunter, financial inclusion, charitable nonprofit, digital finance, Open Finance, interoperability, real-time payments, transactions , mobile money, Central banks, unbanked, SME, credit score, lending, central bank digital currency, CBDC, blockchain, KYC

Uganda-based police hunt for mobile money hackers

News | Digital Identity, Security & Online Fraud | 12 Oct 2020

The Uganda-based police force has begun searching for hackers who accessed the systems of a third party that processes phone-based transactions.

Uganda, mobile money, hackers, fraudsters, third party, phone-based transactions, MTN Group, Standard Bank, mobile-money systems, Criminal Investigation Department, Bloomberg, utility bills, payments , cell phone

GSMA launches Mobile Money Interoperability Test Platform for financial inclusion

News | Mobile Payments | 15 Jul 2020

GSMA has launched Mobile Money Interoperability Test Platform (ITP) aiming to help make transactions more seamless in emerging markets.

GSMA, Mobile Money Interoperability Test Platform, financial inclusion, Africa, ITP, transactions , GSMA Inclusive Tech Lab, GoPay, IDEMIA, KaiOS, MTN, Telenor, University of Washington, VEON, Vodafone, The Bill & Melinda Gates Foundation, digital, payments , digitisation, account-to-account interoperability, mobile money, APIs

Orange, MTN roll out pan-African mobile money interoperability

News | Payments General | 27 Nov 2018

Orange Group and MTN Group have announced a joint venture, Mowali (mobile wallet interoperability), to enable interoperable payments across the continent.

Orange, MTN, Africa, mobile money, Mowali, mobile wallet interoperability

MTN set to rap ecommerce treats from the promising Iranian market

News | Ecommerce | 01 Dec 2016

MTN Group, a South African telecom company, has been mulling over a potential Iranian market expansion, stressing that ecommerce will comprise a key theme of the company`s agenda for its future business in Iran.

MTN, expansion, Iran, ecommerce, opportunities, online shops, Customers, online sales, fintech, investment

MTN shuts down mobile money services in South Africa

News | Mobile Payments | 21 Sep 2016

MTN, an African telecom company, has decided to close its mobile money service in South Africa, the second mobile company to do so this year.

MTN, mobile money services, mobile payments, South Africa, m pesa, aYo, insurance

Sefik Bagdadioglu, Kaymu: "There is a lot of opportunity in emerging countries"

Interviews | Interviews | 23 Feb 2016

We wanted to bridge the gap between offline and online markets by working with the emerging talent in small and medium-sized enterprises

Sefik Bagdadioglu, Kaymu, marketplace, online sales, offline, customer, website, merchants, expansion, retailer, pay on delivery, cards, consumers, electronic, internet, Nigeria

Vodafone and MFS Africa forge global partnership on mobile money

News | Mobile Payments | 30 Nov 2015

Vodafone has announced the signature of a group framework agreement with MFS Africa to enable international money transfers.

Vodafone, MFS Africa, mobile money, mobile wallet, MFS Africa Hub, mobile payments