Browsing: Standard Bank

MTN MobileMoney is introducing an e-commerce payment mechanism called payD that allows SA consumers to buy products and services online using their debit cards. Budget airline 1time is the first company to offer the new online payment technology

Near-field communication, or NFC, is taking the mobile world by storm, with operators and payments companies predicting it will change the way people buy and sell goods, potentially replacing plastic cards and cash at the point of sale

Despite the tough economy, at least one area of business is booming. Data centres, some of them vast structures costing hundreds of millions of rand each, are popping up across the countryside. We have the free market to thank

A short distance off the highway between Johannesburg and Pretoria, not far from the Samrand offramp north of Midrand, is a large but otherwise nondescript building. To the casual observer

Standard Bank will lease space in its new mega data centre in Midrand to telecommunications operators and other companies as it is only able to use a small portion of the space in the expansive facility for its own needs.

A bubble similar to the dot-com mania of the late 1990s is inflating in the mobile payments industry in SA. And many of companies are going to be hurt when it bursts. That’s the view of Standard Bank director Herman Singh

Vodacom expects to sign up 10m M-Pesa mobile money users within three years. The telecommunications operator’s director in charge of the product’s launch, Romeo Kumalo, revealed the ambitious target during the product’s launch in Midrand, north of Johannesburg, on Tuesday.