Ukheshe has partnered with the Kenya-based lender KCB Bank Kenya to issue both physical and virtual banking cards across East Africa. According to Victor Ndlovu, VP of Ukheshe Africa, the deal will include other innovative digital products such as QR issuing and acquiring. “By joining forces with KCB we are Continue Reading
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4 Digital Payment Trends to Watch in 2021 – Tempemail
For many businesses that had previously relied on selling their products or services in person, accepting online payments has been a significant step in digitising their offering to the local market. As eCommerce adoption rates continue to soar in 2021, digital payment solutions will need to keep pace to ensure Continue Reading
Payment Card Skimmer Group Using Raccoon Info-Stealer to Siphon Off Data – Tempemail
A cybercrime group known for targeting e-commerce websites unleashed a “multi-stage malicious campaign” earlier this year designed with an intent to distribute information stealers and JavaScript-based payment skimmers. In a new report published today and shared with The Hacker News, Singapore-based cybersecurity firm Group-IB attributed the operation to the same Continue Reading
O-CITY Drives Contactless Bus Payment Initiative in Kenya – Tempemail
Image sourced from O-CITY O-CITY is driving contactless payments across bus services in Nairobi, Kenya. The pilot initiatve, designed to reduce the use of cash in response to the COVID-19 pandemic, was launched in partnership with transport savings and credit specialists, NikoDigi, and Kenyan payments firm, Tracom, to accelerate the Continue Reading
Mastercard Partners with Payment24 to Streamline Payment Solutions – Tempemail
Mastercard and Payment24 have partnered to offer a payment solution that will help fleet management companies streamline payments, create efficiencies and prevent fraud. Payment24’s platform will use Mastercard’s payment technology which is expected to enable drivers to quickly and seamlessly make fuel payments anywhere Mastercard is accepted, without requiring additional Continue Reading
QNB is Accepting Mastercard-branded Payment Cards in Sudan | Tempemail
QNB Group has become the first bank in Sudan to have successfully performed an international payment card transaction in partnership with Mastercard. The transaction was performed using a Mastercard virtual prepaid card product. QNB is also the first Bank in Sudan to have obtained an issuance license from Mastercard. The Continue Reading
CBA, other banks weigh IT countermeasures against digital payment abuse – Finance – Software- Tempemail
The Commonwealth Bank is not ruling out more technical ways to recognise or prevent digital payments being used to harass or abuse customers, calling action it took last week a “first step”. The bank revealed the results of an analysis last week that showed more than 8000 CBA customers received Continue Reading
Egyptian Fintech Startup Offers Online Payment Platform for Students | Tempemail
Sourced from Innovation Village. Local fintech startups Klickit (previously known in the market as Q-Less) and Paymob are officially enabling digital payments for educational entities affiliated with global advisory and educational management firm GEMS Education. This agreement will allow parents of students in GEMS schools across Egypt to make tuition Continue Reading
Our lessons from the Covid 19 crisis: Rajeev Agrawal, Founder & CEO, Innoviti Payment Solutions- Tempemail
Read Article Rajeev Agrawal, Founder & CEO, Innoviti Payment Solutions, shares his thoughts on how his firm has ensured business continuity in the midst of the crisis To ensure business continuity in the time of all employees having to work remotely we had taken a few measures. To begin with, Continue Reading
What South Africans Think of Digital Payment Methods | Tempemail
Sourced from Innovation Village. As digitization makes its way into Africa across sectors and industries, digital payment methods are being offered as safe and convenient alternatives to traditional options. Borderless Access conducted a study across South Africa, Ghana, Kenya, and Nigeria to explore the uptake of digital payment methods, including Continue Reading