Browsing: MasterCard

Banking
Bank Zero begins trial runs

Former First National Bank CEO Michael Jordaan’s new financial services venture, the app-driven Bank Zero, has been integrated with the national payments system and will now begin trial runs ahead of commercial launch.

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Nedbank brings cross-platform QR payments to app

Nedbank, working with Mastercard and Entersekt, has launched QR code (or quick-response code) payments to Masterpass, Pay@, SnapScan and Zapper merchants and billers in its Money app – for use online or in-store.

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Biometric bank cards coming to SA

Mastercard will work with South African partners to bring biometric cards to local consumers by the end of the year. The development follows two separate trials conducted recently with Pick n Pay and Absa. South Africa is the first

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Masterpass now accepted at SnapScan merchants

Mastercard’s Masterpass now claims to be the most widely accepted digital wallet in South Africa after concluding a deal to allow consumers to use its wallet at the more than 30 000 SnapScan merchants in South Africa. Mastercard and SnapScan

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iKhokha, MasterCard in SA payments drive

South African mobile payments start-up iKhokha and Mastercard have agreed to work together to boost payment card acceptance at micro, small and medium enterprises in informal settlements. In the next six months, iKhokha aims to roll

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Fingerprint biometrics coming to SA bank cards

New standards to facilitate card payments using fingerprint authentication have been introduced to make transactions more secure and convenient for consumers. The Payments Association of South Africa, in partnership with

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Absa launches mobile payments app

Banking group Absa has launched MasterCard’s MasterPass smartphone application in South Africa, allowing customers to use their mobile phones to make payments at the point of sale and on the Internet

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Huge growth in mobile payments forecast

Mobile payments are gaining acceptance and will impact on traditional businesses, says a research organisation. According to Gartner, half of consumers in developed economies such as

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