Standard Bank will begin including contactless payment technology in new credit and cheque cards, allowing customers to make payments using the “tap-and-go” method, rather than them having to have their cards swiped or inserted into a chip reader. All new gold and titanium credit and
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More than half of SA’s population that is online at least once a week is willing to shop on the Internet, and the number is growing. Convenience is deemed more important than cost for most consumers and the trend is being driven by group-buying, airline tickets and digital media purchases. These are the findings of a new MasterCard
Absa has launched what it’s calling SA’s first “live user trial” of near-field communication (NFC) technology on mobile phones. The trial will kick off in mid-December and involve 500 of the bank’s own staff members, operating in a live commercial environment. The system will use NFC capabilities
Two-month-old Cape Town start-up Quicket is taking the fight to SA’s dominant ticketing company Computicket by making it possible for companies and individuals to manage their own ticketing for an event and providing them with a database of all attendees
Kenyan operator Airtel, Standard Chartered Bank and MasterCard have developed a solution that will allow people in the East African nation to make online purchases with their cellphones, obviating the need for a credit or debit card. The service, called PayOnline, will
Last week’s purchase by Visa of Cape Town-based mobile payments company Fundamo in a US$110m all-cash deal demonstrates clearly how the race is on to provide electronic financial services using cellphones, especially in emerging markets
Imagine the next time you’re standing at a checkout point at the supermarket. Imagine paying for your groceries simply by bringing your mobile phone next to a payment terminal and having the money debited