Seamless Debit Authentication System Deployed in South Africa

NY-based Boloro, a specialist in multifactor mobile authentication technology on a mobile payment platform, has launched the first in a series of new, global products in South Africa to help eliminate fraud. Boloro’s Debit Authentication System puts security in the hands of each user, because only the user has its mobile handset and only the…

MasterPass is Now Available at South Africa’s iKhokha

MasterPass is Now Available at South Africa’s iKhokha

Shoppers can now use MasterPass, the digital commerce platform from MasterCard, to safely and seamlessly pay for in-store or face-to-face purchases at over 2,000 iKhokha retailers and service providers in South Africa using their smartphones or tablets. This follows a collaboration announced today by MasterCard and mobile commerce provider, iKhokha, which sees MasterPass’ digital checkout…

South Africa has Strongest Foundation in e-Payments

South Africa has Strongest Foundation in e-Payments

Africa has arguably the strongest foundation for electronic payments of all these countries. In part this is because of its mature and stable banking ecosystem resulting from the country’s legacy with the United Kingdom. Though considerably smaller in population (53.6 million in 2015) than other emerging economies in either the top tier markets (Brazil, Russia,…

WorldRemit & MTN Mobile Money Target South Africa

WorldRemit & MTN Mobile Money Target South Africa

WorldRemit customers can now send money instantly to MTN Mobile Money wallets in Rwanda, Uganda and Zambia. The launch follows the signing of a global partnership agreement earlier this year, to enable WorldRemit customers all over the world to send international remittances to MTN’s Mobile Money customers. People in more than 52 countries already use…

African Payments

African mobile money service facilitates users to perform secured mobile payments and transfers over their mobile phones. Moreover, this service helps users to send and receive remittances, pay bills, make airtime transfers, receive and send money to near and remote locations, and enable movie or travel ticket purchases, among various others.