Articles with tag: africa

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Payment methods in 2020 – The global overview

26 Oct 2020 | Online Payments

Alexandra Constantinovici, senior editor with The Paypers, drills down on the most relevant updates in the global payments industry, with focus on key particularities from each geography. 

Payment Methods Report, The Paypers, payment methods, online payments, mobile payments, cashless society, QR payments, pay later solutions, Asia, US, UK, Spain, The Netherlands, Southeast Asia, Africa, Kenya, Nigeria, LATAM, Brazil, Mexico, Japan, Singapore, ecommerce, online commerce, Unified Payment Interface, Tap-on-Phone, POS, mobile POS

Standard Bank, Mastercard, Google to help SMEs open their digital doors in South Africa

22 Oct 2020 | Online Payments

Standard Bank, Mastercard, and Google have teamed up to help SMEs in South Africa move their businesses online, accept digital payments, and attract more customers.

Standard Bank, Mastercard, Google, South Africa, SMEs, payment digitalisation, ecommerce, Google Ads, online sales

Mastercard to streamline digital transformation for Ethiopian commerce

20 Oct 2020 | Online Payments

Mastercard has announced a partnership with the Ethiopian Ministry of Innovation and Technology (MINT) to develop and implement strategies for a more digitised economy in Ethiopia.

Mastercard, Ethiopian Ministry of Innovation and Technology, Ethiopia, digital transformation, online payments, digitalization, digitised payment solution, Africa, MENA, SMB, SME,

South African mobile payments provider Zapper ends collaboration with Masterpass

08 Oct 2020 | Mobile Payments

South Africa-based Zapper, a mobile payments, loyalty, and rewards platform, has stopped their interoperability agreement with Masterpass.

Zapper, Masterpass, South Africa, mobile payments, interoperability agreement, Mastercard, FNB, QR code

Mukuru, WorldRemit partner to further expand remittance service in South Africa

05 Oct 2020 | Mobile Payments

Mukuru and WorldRemit have announced a deepening of their existing partnership to expand their collaboration for cash remittances into Zambia, South Africa.

Mukuru, WorldRemit, cash remittances, Zambia, South Africa, mobile wallets

Afex to introduce blockchain-based app for warehouse receipt checks

02 Oct 2020 | Digital Identity, Security & Online Fraud

Nigeria-based FX payments platform Afex has announced its intention of introducing blockchain-based application for warehouse receipt checks to reduce fraud in Africa.

Afex, blockchain, fraud, e-invoicing, e-WRS, Trade Finance Market, Nigeria, Africa

Huawei, Mondia Pay partner to boost contactless payment options across MEA

01 Oct 2020 | Mobile Payments

China-based tech group Huawei has partnered with digital payments solution provider Mondia Pay to offer its contactless payments service to users in the MEA region.

Huawei, Mondia Pay, partnership, DCB, HMS, MEA, IAP, Africa, Middle East, contactless payments, mobile payments, fintech

Jumia partners with Airtel Kenya for mobile payments

01 Oct 2020 | Mobile Payments

Nigeria-based marketplace Jumia has announced a new partnership with telco Airtel Kenya to enable consumers to complete online transactions using Airtel Money. 

Jumia, Airtel Kenya, Airtel Money, partnership, Kenya, Nigeria, Africa, marketplace, telecommunications, telco, mobile payments, mobile app, mobile transactions, financial inclusion, COVID-19, coronavirus, online checkout, Ghana, Uganda

Huawei, Sunline launch contactless Digital Loan One Box solution

29 Sep 2020 | Online Payments

Sunline and Huawei have jointly released the Digital Loan One Box solution – a global contactless solution for financial services – at HUAWEI CONNECT 2020.

Sunline, Huawei, launch, Digital Loan One Box Solutio, contactless solution, financial services, HUAWEI CONNECT 2020, Southeast Asia, the Middle East, LATAM, Africa, financial inclusiveness, loan product campaign, customer E-KYC, risk assessment, fund disbursement, post-loan processing, biometric identity authentication, APIs

Trust Payments, Wakanda Messenger partner to empower Africans around the world

22 Sep 2020 | Online Payments

Trust Payments has partnered with social network, messaging and ecommerce startup Wakanda Messenger to provide the payments element for their online marketplace and money remittance service.

Trust Payments, ecommerce, Wakanda Messenger, online marketplace, money remittance, Africa, financial inclusion, unemployment, KYC, AML, PSD2, GDPR

OPay and WorldRemit partner to offer mobile money transfer service

16 Sep 2020 | Mobile Payments

Nigeria-based financial provider OPay has announced a partnership with digital payments platform WorldRemit, to offer international money transfers.

OPay, Worldremit, money transfer, remittance, Africa, Nigeria, Google Playstore, KYC, online payments, mobile payments

Ozow launches new payment tools in South Africa

10 Sep 2020 | Mobile Payments

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,

Huawei and TPAY MOBILE to drive app monetisation for developers in the MEA region

08 Sep 2020 | Mobile Payments

Huawei has partnered with TPAY MOBILE to support developers in the Middle East and Africa (MEA) region to monetise their apps on HUAWEI Mobile Services (HMS). 

Huawei, TPAY MOBILE, Middle East, Africa, MEA, monetise, HUAWEI Mobile Services, Direct Carrier Billing, subscriptions, mobile payments, alternative payments

Idemia to power African welfare payments transfer system

01 Sep 2020 | Digital Identity, Security & Online Fraud

Guinea’s National Agency for Social & Economic Inclusion (ANIES) has launched a welfare cash transfer program through a partnership with security services provider Idemia.

Idemia, biometric authentication, MTN network, Guinea National Agency for Social & Economic Inclusion, ANIES, Africa, EMEA, fraud prevention, digital identity, securing transactions, secure payments,

TransUnion research shows that fraudsters decrease online schemes against companies

26 Aug 2020 | Digital Identity, Security & Online Fraud

TransUnion has revealed that fraudsters are decreasing their schemes against businesses, while COVID-19 scams against consumers are increasing. 

TransUnion, research, fraudsters, COVID-19, scams, fraud prevention solution, IDVision, iovation, fraudulent digital transactions, digital fraud, ecommerce, Kazakhstan, Greece, Cyprus, US, Canada, Colombia, Hong Kong, South Africa, UK, Gen Z, phishing, Baby Boomers, phishing scams

Buguroo teams up with Puleng Technologies

18 Aug 2020 | Digital Identity, Security & Online Fraud

Buguroo and Puleng Technologies have partnered aiming to reduce the impact of online bank fraud in South Africa. 

Buguroo, partnership, Puleng Technologies, SA, banking, online, online fraud, fraud, online bank, banks, South Africa, South African Banking Risk Information Centre, SABRIC, fraud, mobile bank, COVID-19, coronavirus, pandemic, Account Takeover, ATO, biometrics, bugFraud

Commodity trade finance faces difficulties in revenues following scandals

14 Aug 2020 | E-invoicing, SCF & E-procurement

Commodity trade finance has observed slumping revenues in the second quarter of 2020 as some banks pulled the plug on their operations following scandals, according to fnlondon.com.

commodity trade finance, trade finance, revenue, scandal, banks, Coalition, Hin Leong Trading, Singapore, bankruptcy, HSBC, ABN Amro, commodity finance, Phoenix Group, Standard Chartered, BNP Paribas, Societe Generale, Europe, Middle East, Africa

Standard Chartered teams up with Airtel Africa to bring financial inclusion

14 Aug 2020 | E-invoicing, SCF & E-procurement

Standard Chartered has partnered Airtel Africa, a provider of telecommunications and mobile money services.

Airtel, Africa, Standard Chartered, finance, telecommunications, mobile money, online, payments, mobile banking, banking Kenya, Tanzania, Uganda, Zambia

US Bank to provide USD 1 mln grants to black-led CDFIs

13 Aug 2020 | Payments General

US Bank Community Development Corporation (USBCDC) has announced USD 1.15 million in grants to more than a dozen Black-led Community Development Financial Institution (CDFI) partners.

US Bank, grants, black-led, CDFI, USBCDC, US Bank Community Development Corporation, Community Development Financial Institution, covid19, financial stress, black businesses, African American Alliance

Etsy expands its payments services to seven new markets

06 Aug 2020 | Ecommerce

US-based ecommerce website Etsy has launched its payments platform in Israel, Malaysia, Mexico, Morocco, South Africa, Turkey, and the Philippines.

Etsy, ecommerce, launch, payments platform, Israel, Malaysia, Mexico, Morocco, South Africa, Turkey, Philippines, Etsy Payments, multiple payment options, payment methods, Apple Pay, Google Pay, PayPal, Etsy Gift Cards, credit card, Etsy Seller Protection Policy