Mastercard and MTN Group on Tuesday announced that they have formed a partnership that will allow millions of MTN Mobile Money customers to pay for goods and services on global e-commerce platforms.
Bitcoin jumped to a record high after Mastercard and Bank of New York Mellon moved to make it easier for customers to use cryptocurrencies.
Mastercard is planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support.
In this episode of the podcast, TechCentral’s Duncan McLeod interviews Clayton Hayward, CEO of fintech platform provider Ukheshe, about its acquisition from Mastercard of Oltio.
Jumia Technologies is looking beyond an immediate target of generating a profit from its pioneering African e-commerce business, laying out longer-term plans to spin off divisions and enter new countries.
Capitec has launched QR payments in its app, allowing clients to scan barcodes to make payments at the point of sale or online, including where merchants use Zapper or SnapScan.
South African fintech player Ukheshe has agreed to buy Oltio from Mastercard, the company that developed the digital payments platform for Masterpass, Mastercard’s QR code payments service.
Pick n Pay now allows customers to deposit money directly into their own bank accounts at till points thanks to a partnership with Mastercard, Visa and Absa.
Nedbank now allows merchants to accept payments directly on their phones using tap-to-pay technology. It allows business owners to convert their mobile phones into payment acceptance devices.