Articles with tag like: South Africa

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South Africa-based Mama Money grows 500% during the pandemic

News | Payments General | 16 Feb 2021

South Africa-based money transfer fintech company Mama Money has observed growth of over 500% in volumes during 2020, according to the official press release. 

South Africa, Mama Money, fintech, cross-border payments, money transfer, remittance

Synthesis launches tap-on-phone contactless payment solution

News | Mobile Payments | 26 Jan 2021

South Africa-based software and consulting company Synthesis has announced the launch of Halo, a 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

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

News | E-invoicing, SCF & E-procurement | 12 Jan 2021

Canada-based trade finance solutions provider Surecomp has announced that South Africa-based bank Absa Group has implemented its back-office trade finance solution IMEX in 10 countries.

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

IFC, Nedbank partner to increase green financing in South Africa

News | E-invoicing, SCF & E-procurement | 21 Dec 2020

IFC, a member of the World Bank Group, and Nedbank Limited have partnered to increase financing for renewable energy projects in South Africa.

IFC, Nedbank, green financing, South Africa

TymeBank, IDEMIA work together for security in customer card issuance

News | Cards | 11 Dec 2020

TymeBank and IDEMIA have unveiled they are working together to provide customers with dual interface chip cards in a secure and convenient manner.

TymeBank, IDEMIA, partnership, security, card issuance, South Africa, product launch, bank cards, EMV cards, identity verification, fraud

Telkom launches carrier billing option for Apple purchases

News | Mobile Payments | 04 Dec 2020

Telkom has revealed that its customers will now be able to pay for Apple content and services via carrier billing, directly from their mobile phone account.

Telkom, Apple, South Africa, Africa, carrier billing, mobile payments, postpaid, prepaid

Telkom launches the WhatsApp-based digital wallet Telkom Pay

News | Mobile Payments | 02 Dec 2020

South Africa-based telco Telkom has launched a digital wallet that allows users to make peer-to-peer payments using their mobile phone and WhatsApp.

Telkom, WhatsApp, South Africa, Africa, product launch, e-wallet, digital wallet, mobile wallet, mobile payments

Curo Fund Services goes live with SmartStream's Post Trade Processing solution

News | Payments General | 02 Dec 2020

Financial Transaction Lifecycle Management (TLM) solutions provider SmartStream Technologies has announced that Curo Fund Services has gone live with SmartStream TLM Aurora Trade Process Control.

Curo Fund Services, SmartStream, Post Trade Processing, South Africa, financial, Transaction Lifecycle Management, TLM, Aurora Trade Process Control

Discovery Bank introduces virtual cards and contactless payment service Discovery Pay

News | Mobile Payments | 30 Nov 2020

South Africa-based Discovery Bank has introduced virtual cards and the Discovery Pay contactless payment service.

Discovery Bank, product launch, South Africa, Africa, virtual cards, Discovery Pay, contactless payments, online purchases, P2P payments

South African authorities warn about risks associated with EFT payments

News | Digital Identity, Security & Online Fraud | 27 Nov 2020

The South African Reserve Bank (SARB) has issued a warning to consumers to be aware of the risks associated with the use of instant electronic funds transfer (EFT) payment services offered at ecommerce stores.

South Africa, EFT payments, online payments, ecommerce, security, online fraud, screen scraping

Capitec launches QR code scanning feature

News | Mobile Payments | 25 Nov 2020

South Africa-based digital bank Capitec has launched a QR code payment feature in its new app.

Capitec, South Africa, Africa, QR code, mobile payments, payments app, SnapScan, Zapper

Ukheshe, Mastercard's Accelerate programme participant in South Africa, set to acquire Oltio

News | Online & Mobile Banking | 20 Nov 2020

South Africa-based Ukheshe, a digital fintech platform provider, has announced it has entered into an agreement to acquire Oltio.

Ukheshe, Oltio, MasterPass, MasterCard, QR, South Africa, cards, mobile payments, partnership

South Africa-based FNB changes online payment approvals

News | Online & Mobile Banking | 16 Nov 2020

First National Bank (FNB) has decided to change the way customers approve their online payments, in a bid to the make the process more secure and reduce instances of fraud.

FNB, South Africa, online payments, First National Bank, fraud, OTP, mobile banking, app

South African Revenue Service to discontinue use of cheques from 2021

News | Online Payments | 13 Nov 2020

The South African Revenue Service (SARS) has announced it will discontinue the use of cheques from 2021.

SARS, The South African Revenue Service, cheque, contactless payments, South Africa, payments, EFT, Absa, Capitec, FNB, Nedbank, Standard Bank

Payment24, Mastercard to offer secure payments for fleet operators

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

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

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

News | Online Payments | 22 Oct 2020

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

South African mobile payments provider Zapper ends collaboration with Masterpass

News | Mobile Payments | 08 Oct 2020

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

News | Mobile Payments | 05 Oct 2020

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

Ozow launches new payment tools in South Africa

News | Mobile Payments | 10 Sep 2020

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

TransUnion research shows that fraudsters decrease online schemes against companies

News | Digital Identity, Security & Online Fraud | 26 Aug 2020

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