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.
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Life Healthcare said on Tuesday that its Southern African operation was hit by a cyberattack affecting its admissions systems, business processing systems and e-mail servers.
South African banks face the steepest earnings slump in half a century – with some posting losses – as measures to curb the coronavirus drag the economy deeper into recession.
Nedbank has unveiled Avo, a digital platform that provides users of its smartphone banking app with access to a range of online products and services from merchants.
The Shoprite Group, which owns Shoprite and Checkers retail stores, is introducing the ability for customers to make payments using QR codes in an effort to fight the spread of the novel coronavirus.
Nedbank said on Thursday that a security breach at a third-party supplier has compromised the details of as many as 1.7 million of its clients.
Nedbank, Vodacom and now retail giant Pick n Pay are among the growing list of South African companies to back the locally made Mara phone.
Nedbank has launched a “lite” version of its smartphone banking application. Called Money App Lite, it’s a streamlined version for Android devices.
Government has spent months mostly talking about how to save the debt-stricken state power utility Eskom, spur economic growth and get its shaky finances back on track. Financial realities may force an end to the dithering.
Africa’s tallest building is set to open next month as its developers seek to cash in on security fears and traffic jams by building a high-rise residential and retail complex in the heart of Johannesburg’s financial district.