The solution works by enabling a connected device such as a smartphone or wearable device to act as a safe and secure payment method in the same way as a physical card.
The strategic partnership will see Interswitch utilise TranzAxis, an award-winning, token-based, cloud-native and API first open development payments platform developed by Compass Pluswith innovation at its core,for Verve, Visa and Mastercard credit card processing.
The Vice President, Professor Yemi Osinbajo (SAN), has assured that despite the current challenges facing Nigeria, the country’s ‘extremely bright…
Mabogunje spoke at the ongoing Lagos International Trade Fair, at an event where FAE Limited, Nigeria’s leading paper packaging manufacturer, unveiled a new product.
The statement by the bank also announced Mastercard Foundation, Africa Development Bank and IDH, the sustainable trade initiative, as headline sponsors for the third edition of the Summit.
The promo, which kicked off on July 22, 2019, currently covers two merchants, Medplus and Shoprite, but will be extended to other merchants like Film House and Silverbird Cinemas in the coming week.
Mastercard has canceled an advertising campaign featuring Brazilian football star Neymar, after a woman accused him of raping her in a Paris hotel, a newspaper in Sao Paulo reported on Thursday.
Leading Pan-African Bank, United Bank for Africa Plc, in partnership with leading global payments and technology company, Mastercard, have announced they are giving away all-expenses paid trips to the semifinals and finals of the 2019 UEFA Champions League to 12 lucky UBA Mastercard holders and their plus ones.
The event, which held in Barcelona, Spain, is part of its efforts to drive the startup ecosystem.
Head of Corporate Communications of the bank, Fela Ibidapo disclosed this in a statement over the weekend.
With over four million users, the Ecobank Mobile App is available to all, enabling users to open an Ecobank Xpress Account instantly on their mobile device, providing an easy route to financial inclusion for the previously unbanked.
He is expected to strengthen the company’s ongoing commitment to delivering value to customers and consumers in Africa by leveraging technology to build stronger and more inclusive payment ecosystems
Start-ups will have the opportunity to present their business proposals to the Start Path judging panel on April 9 in Lagos and selected startups will present at Mastercard’s Innovation Dialogue event on April 10 to an audience of influential business leaders besides being considered for Start Path.
Over the coming months, Mastercard will leverage Oltio’s technology, people and infrastructure to enhance and scale its existing suite of digital solutions for merchants and issuers in cash-orientated, emerging markets – in turn enabling them to deliver more seamless payment experiences to the consumer.
M-KOPA, which already provides affordable, safe and clean energy to three million people in East Africa, will pilot Mastercard’s Quick Response payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar programme.
Mastercard CEO, Ajay Banga, accepted the award on behalf of the company, which was recognized for its contributions towards achieving a Zero Hunger world
It matters because cash is the enemy of inclusion. It matters because cash is the enemy of the poor
•Make a record of your passport and credit card information, including the contact number to reach your credit card issuing bank in case of emergency. Keep this record in a safe and secure place away from your passport and credit cards (i.e., not in your wallet or purse). Also, leave a copy of this information and your itinerary at home with a family member or close friend
The application will be powered by MasterPass, the global digital payment service from MasterCard that connects consumers with merchants, enabling them to make fast, simple and secure digital payments across channels and devices
Malhotra said: “The Rwandan story is one of triumph over adversity, and the country stands as an example on how embracing technology and striving for a financially inclusive society can overcome the challenges of poverty