Articles with tag: south africa

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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

Visa launches Click to Pay in South Africa

10 Jul 2020 | Online Payments

Visa has launched its Click to Pay online payment solution in South Africa to facilitate the digital checkout process.

Visa, Click to Pay, South Africa, online payments, digital checkout, Visa card, ecommerce, authentication methods, EMV Secure Remote Commerce, ecommerce transactions, checkout purchases, card details, online merchant, cart abandonment, tokenization

Tradeshift and Raindew Trade launch a coronavirus Instant Supplier Payment Scheme

10 Jul 2020 | E-invoicing, SCF & E-procurement

Raindew Trade and Tradeshift, have launched a USD 1.5 billion COVID-19 Instant Supplier Payment Scheme (‘WePayNow Initiative’) in South Africa and selected African markets.

Tradeshift, Raindew Trade, COVID-19, coronavirus, SCF, supply chain finance, Africa, Instant Supplier Payment Scheme, WePayNow Initiative, South Africa, Denmark, Export Credit Agency, digitisation, digital, payments

Interview with Karen Nadasen of Ecommerce Forum South Africa and PayU on the pain points and growth opportunities of South Africa's ecommerce market

06 Jul 2020 | Ecommerce

‘Ecommerce is not in competition to bricks and mortar retail, but an additional tool for retailers to use to sell their products and to improve their customer experiences. Retailers that refuse to recognise this “new normal” will fail.’

Karen Nadasen, PayU South Africa, PayU, ecommerce, Ecommerce Forum South Africa, South Africa, credit cards, retail microfinance, financial inclusion,

SA-based Mama Money, Western Union partner, as remittance sector recovers

30 Jun 2020 | Payments General

South Africa-based money transfer company Mama Money has partnered with Western Union, as the remittance sector recovers after COVID-19.

Mama Money, Western Union, partnership, South Africa, remittance, cross-border payments, fintech, money transfer, COVID-19, mobile app, Africa, Asia, Europe

Visa aims at helping 50 mln SMBs

23 Jun 2020 | Payments General

Visa has announced it will offer a range of services to 50 million SMBs to help them grow, build their online footprints, and promote neighbourhood support. 

Visa, SMBs, digital, Visa Foundation, COVID-19, coronavirus, Visa Economic Empowerment Institute, digital payments, digital, payments, Europe, IFundWomen, partnership, US, POS, Singapore, Italy, South Africa, Visa Back to Business Project, Australia, New Zealand

PostaBank replaces 12 mln bankcards after data breach

23 Jun 2020 | Digital Identity, Security & Online Fraud

South Africa-based Postbank has suffered a data breach, forcing the institution to replace 12 million bankcards after rogue employees stole its 36-digit master key.

South Africa, PostBank, banks, cards, security, data, fraud, Reserve Bank, transactions

Mastercard, Netcash roll out QR billing service for SMEs

11 Jun 2020 | Payments General

South Africa based PSP Netcash has partnered with Mastercard to introduce QR payments across its multi-channel billing platform.

NetCash, Mastercard, ATM PIN, merchants, partnership, card payments, digital wallet, South Africa, Zapper, QR payments, billing platform, PSP

Uber, Flutterwave partner to launch Uber Cash in Africa

10 Jun 2020 | Mobile Payments

Uber has partnered with US-based fintech company Flutterwave to launch its Uber Cash digital wallet feature in Africa.

Uber, Flutterwave, launch, Africa, digital wallet, Barter payment app, Visa, South Africa, Kenya, Nigeria, Uganda, Ghana, Ivory Coast, Tanzania, Nigeria, unbanked populations, mobile money

ACS to streamline its services via ACI's UP Retail Payments solution

21 May 2020 | Online Payments

ACI Worldwide has announced that South Africa-based Altron division ACS is using ACI UP Retail Payments to transform its services throughout the African market.

ACS, South Africa, ACI Worldwide, UP Retail Payments, cards, digital payments, online payments

Yoco launches online payments solution

22 Apr 2020 | Online Payments

South Africa-based financial platform Yoco has launched a suite of online payment solutions for merchants to sustain their cash flow during and beyond lockdown. 

Yoco, product launch, South Africa, online payments, cash flow, EFTs, Gift voucher, payment request, request-to-pay, Africa

Shoprite to offer contactless QR payments in South Africa

15 Apr 2020 | Mobile Payments

South-Africa-based Shoprite Group has become the first food  retailer in the country to offer QR payments.

Shoprite, South Africa, QR payments, mobile payments, Africa, Masterpass, SnapScan, Zapper, FNB Pay, Nedbank Pay

Lumenvox, OneVault team up for voice authentication and fraud prevention ecosystem

30 Mar 2020 | Digital Identity, Security & Online Fraud

The South African remote biometric authentication specialist OneVault has partnered with speech processing and authentication technology provider Lumenvox.

Lumenvox, OneVault, partnership, voice biometrics, South Africa, authentication, fraud prevention, financial services, identity management, fraud detection, brokerage, security

Servest and Zapper launch mobile cashless parking system in South Africa

06 Mar 2020 | Mobile Payments

Integrated facilities management company Servest has partnered with mobile payments platform Zapper to launch a virtual pay station for parking in South Africa.

Servest, Zapper, mobile payments, Integrated facilities management, South Africa, QR code parking system, South Africa, parking ticket payment

Goldman Sachs leads USD 55 mln funding in South African fintech startup Jumo

27 Feb 2020 | Payments General

Goldman Sachs has announced a USD 55 million investment in South Africa-based fintech startup Jumo.

Goldman Sachs, Jumo, fintech, financial technology, South Africa, Africa, US, investment, funding round, investment banking

dLocal expands emerging markets payments platform in Africa

21 Jan 2020 | Online Payments

dLocal, a fintech company that specialises in cross-border payments for emerging markets, has expanded its payments network to include Nigeria and South Africa.

dLocal, Nigeria, South Africa, merchants, cross-border payments, Africa, emerging markets

dLocal expands emerging markets payments platform in Africa

17 Dec 2019 | Online Payments

dLocal, a fintech company specialising in cross-border payments for emerging markets, has expanded its payments network to include Nigeria and South Africa.

dLocal, South Africa, Nigeria, Africa, merchants, payment methods, cross-border payments

Breach at Garmin SA shopping portal leads to theft of payment data

13 Sep 2019 | Digital Identity, Security & Online Fraud

Garmin Southern Africa (Garmin SA) has disclosed that payment and sensitive personal information were stolen from orders placed on the shop.garmin.co.za shopping portal.

Garmin Southern Africa, data breach, payment data, cybersecurity, card skimming, South Africa

TymeBank, the first digital-only bank in South Africa

10 Sep 2019 | Expert Opinion

A new approach to banking required stringent compliance, the ability to juggle stakeholders and a robust and flexible technology platform

TymeBank, bank, digital-only bank, South African bank, banking technology, disruption, BPC, case study

Tarsus sets up document management business unit

02 Sep 2019 | E-invoicing, SCF & E-procurement

South Africa-based IT distributor Tarsus has formed a dedicated business unit to offer document digitisation and business process automation.

Tarsus, Tarsus Distribution, IT distributor, business process automation, South Africa, Africa, document management, OCR, digitisation, Enterprise Content Management (ECM) systems, Microsoft SharePoint, Secure FTP