Africa News

A road map for selling in different African markets

Sami Louali, Jumia, preferred payments methods, Marketplaces, Africa, ecommerce, online payments, mobile money accounts, mobile payments

HPS acquires ICPS from the MCB Group

HPS, ICPS, MCB Group, acquisition, Africa, payment processing, PCI DSS

SadaPay, Mastercard launch numberless, contactless-enabled cards in the MEA region

Sadapay, MasterCard, product launch, Middle East, Africa, MEA, cards, contactless payments, online payments, fraud prevention, contactless payments

Nigeria-based Mono gets backing from Y Combinator

Nigeria-based Mono, a startup that helps fintech companies to run onboarding processes through KYC in general, gets backing from Y Combinator.

Mono, Nigeria, KYC, Y Combinator, Africa, funding, investment, startup, fintech, Open Banking, API

Ukheshe, KCB to issue physical and virtual cards across East Africa

Ukheshe, KCB, Africa, physical card, virtual cards, QR code, digital payments, payroll, companion cards, multi-currency prepaid cards, travel cards, gift cards

Guaranty Trust Bank adds new services to Myghpay payments platform

Guaranty Trust Bank, Myghpay, Ghana, Africa, online payments, digital payments, QR codes

Safaricom launches M-Pesa bill management service

Safaricom, Kenya, Africa, product launch, bill management, mobile payments

Synthesis launches tap-on-phone contactless payment solution

Synthesis, product launch, South Africa, Africa, contactless payments, tap-on-phone, card payments, online payments, merchants, Nedbank, Visa and MasterCard

Mastercard, Network International team up to boost digital payments acceptance across Middle East and Africa

MasterCard, Network International, partnership, digital payments, MEA, Africa, merchants, mobile payments, online payments

CDC helps with USD 100 mln finance facility in Africa

CDC Group has moved to support the Eastern and Southern African Trade and Development Bank (TDB) with a new USD 100 million finance facility.

CDC, Africa, TDB, trade finance, SCF, COVID-19

Bango, TPAY MOBILE partner to boost mobile commerce

Bango, TPAY MOBILE, partnership, MENA, MEA, Middle East, Turkey, Africa, mobile commerce, ecommerce, mobile payments, merchants

NBS Bank, Network International team up to reveal ecommerce platform

Malawi, NBS Bank, product launch, ecommerce, online payment, gateway, Network International, Africa, Middle East

First Bank of Nigeria launches the Virtual Payment Card

First Bank of Nigeria, product launch, Nigeria, Africa, FirstBank Virtual Payment Card, mobile payments, e-wallet, virtual card

The Central Bank of Nigeria announces framework for QR code payments

Central Bank of Nigeria, Nigeria, Africa, framework, QR, QR code payments, mobile payments, issuers, acquirers

Surecomp, Absa Group to roll out pan-African trade finance digitisation across 10 countries

Surecomp, Absa Group, Africa, trade finance, digitisation, IMEX, South Africa, bank

Carticard, Mastercard team up to offer digital payment solutions in Egypt

Carticard, MasterCard, Egypt, Africa, MENA, partnership, digital payment solutions, financial inclusion, merchants, consumers

Shago Payments launches ecommerce platform

Shago Payments, Nigeria, Africa, product launch, ecommerce, merchants

Appruve joins Financial Data Exchange (FDX)

Appruve, Financial Data Exchange, data, API, Africa, data sharing

Interswitch, Credit Bank to launch multi-currency prepaid card

InterSwitch, Credit Bank, Kenya, Africa, product launch, prepaid card, multi-currency, Visa, bank account, payments , ATM, mobile money

Paypal's Xoom, MFS Africa partner to offer mobile money transfers in Africa

PayPal, Xoom, MSF Africa, Africa, remittance, mobile payments, money transfer