Browsing: Visa

The Payments Association of South Africa (Pasa) is moving ahead with plans to fine merchants that have failed to comply with 3-D Secure, a new layer of verification for online payments. And it’s got some online retailers hot under the collar. While not everyone’s happy

Earlier this week, Old Mutual in Namibia unveiled a deal with Tranwall of Hong Kong to implement South African-developed “transaction control” technology on the OMcard, a prepaid Visa card that was developed specifically for Old Mutual customers in that country. The technology behind

How is this for ambitious? Vodacom in South Africa is hoping to sign up 10m subscribers to its M-Pesa mobile banking and payments platform within the next five years. To put that in context, the cellular operator managed to

Visa doesn’t just think a cashless society is possible, it thinks it could even happen soon — and in Africa. Visa country manager for South Africa Mandy Lamb says the payments technology company’s strategy is to displace the “trillions of dollars worth of cash” still in use across Africa. It’s not Visa’s intention to

South Africa’s cellular operators have been trying for years to crack the mobile commerce code, but haven’t been able to repeat the successes they’ve had in countries such as Kenya, Tanzania and Uganda. MTN, working with Pick n Pay, may just have found the key to success at

In a move that will be regarded as a direct challenge to South Africa’s big banks, retailer Pick n Pay and mobile operator MTN have taken the wraps off a new, low-cost banking solution and free money transfer service that will be offered to consumers who sign up for a

MTN South Africa said on Monday that it has launched a Visa card for Mobile Money users, allowing them to pay for goods and services. They can also use the card to withdraw money from any ATM. TechCentral reported in November last year that MTN was in talks with Visa to make available a Mobile Money card

In recent weeks, I’ve been fortunate to meet a range of really smart South African entrepreneurs who are doing incredibly exciting stuff in the technology space, often with relatively few resources. Despite all the doom and gloom that is our politics, and despite the poor state of

MTN Mobile Money users will soon be able to make face-to-face and online transactions wherever Visa is accepted, MTN said on Wednesday. As part of the agreement, MTN customers’ devices will be able to pay using their MTN Mobile Money account in stores with

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