In this episode of TechCentral, Duncan McLeod chats to Pick n Pay information systems executive Jason Peisl about the retailer’s bitcoin trial. In the podcast, Peisl explains why Pick n Pay decided to test bitcoin
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Bitcoin start-up Luno has announced plans to expand into 35 new markets in Europe after securing R120m (US$9m) in a Series B funding round led by London-based Balderton Capital. Rand Merchant Investments
In what its backers are calling “potentially a world first for a major grocery retailer”, shoppers were for a “limited time” able to pay for their groceries using bitcoin at a Pick n Pay retail store in Cape Town. In a
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
Pick n Pay said on Tuesday that its online sales have surged by 38% in the past year, far outstripping group-wide turnover growth of 8,2% in the 52 weeks ended 1 March 2016. The retailer attributed the strong growth in sales at Pick n Pay Online to a “stronger range
Wi-Fi service provider AlwaysOn is hoping to bring Wi-Fi Internet to a bigger audience by allowing consumers to buy access using cash at Pick n Pay stores. Selected stores are now carrying prepaid data cards from AlwaysOn. Until now, consumers
Christmas sales will be dominated by more affordable tablets and smartphones, digital toys and niche homeware items. That’s the prediction of Pick n Pay’s Mark Wood, who heads the retailer’s generation merchandise buying division
“Happy families are all alike; every unhappy family is unhappy in its own way.” So reads the opening line of Leon Tolstoy’s Anna Karenina. The novel comes to mind when looking at the prospects that confront mobile money. Success stories have many similarities, but failed efforts fail for their own
The South African mobile payments space is hotting up with another contender entering the fray. FlickPay is the fifth mobile payments application to be launched in South Africa in recent months and, although it’s not
Capital Eye Investments, the company that emerged out of what was left of JSE-listed UCS Group after Business Connexion acquired its services businesses four years ago, plans to launch a private equity fund to invest in start-ups and established technology businesses. Capital Eye