Search results for: mastercard

Search results for: mastercard, Page 3

Fri, August 29th 2014, 16:00 · Paul Adepoju

Nigeria launches e-ID cards with electronic payment functionality

Nigeria’s president Goodluck Jonathan has launched the country’s national e-ID card programme, which sees citizens issued with MasterCard-branded biometric identity cards which have electronic payment functionality included. → Read more
Fri, August 29th 2014, 13:00 · Paul Adepoju

Q&A: Charles Ifedi, CEO, Verve International

Verve is currently the most widely used payment card in Nigeria, with 18 million of the country’s 25 million payment cards Verve branded; while 19 out of the 21 Nigerian banks issue Verve cards, in addition to microfinance banks (MFBs) and mobile money operators. HumanIPO spoke to Charles Ifedi, chief executive officer of Verve International on what the company and its partners are doing for app developers in Nigeria and the epayment sub-sector. → Read more
Thu, August 28th 2014, 09:30 · Susan Mwenesi

Young owner of Nairobi Developer School among Anzisha Prize finalists

Martha Chumo, the 19-year-old owner of the Nairobi Developer School, has been chosen among 12 finalists of the Anzisha Prize for Young Entrepreneurs, and will now battle for the US$75,000 prize money. → Read more
Thu, July 24th 2014, 14:00 · Paul Adepoju

Verve cards to be accepted on PayPal

Plans are being concluded to add Verve cards to the accepted cards for integration on PayPal, according to Chuma Ezirim, head of e-business at FirstBank Nigeria. → Read more
Wed, July 23rd 2014, 08:00 · Susan Mwenesi

Equity Bank in drive for more merchants for cashless transactions

Equity Bank is on a drive to acquire more local merchants as customers to facilitate the regional acceptance of American Express Cards and other payment solutions beyond the bank’s channels. → Read more
Tue, July 8th 2014, 16:00 · Susan Mwenesi

Kenyan cashless fare service providers to pay for interconnectivity charges

Kenya’s National Transport and Safety Authority (NTSA) has said passengers will not have to pay for interconnectivity charges occasioned by switching from one network to another when the matatu industry moves to the cashless fare system. → Read more
Tue, July 8th 2014, 09:00 · Chris Udemans

SA’s Emerge Mobile launches MPOS solution

South African startup Emerge Mobile has announced the commercial launch of its Edge mobile point of sales (MPOS) card acceptance solution. → Read more
Mon, June 30th 2014, 12:30 · Susan Mwenesi

Kenyan matatu owners want cashless fare deadline extended

Public transport operators in Kenya have requested the government extend the deadline for the compulsory implementation of cashless fare systems to allow for greater public awareness and to harmonise the cost of the gadgets. → Read more
Mon, June 23rd 2014, 12:30 · Agatha Nduku

Kenyan cashless bus payments providers must get CBK nod before rollout

The Central Bank of Kenya must approve any company seeking to offer cashless fare payments ahead of July 1, a move aimed at protecting commuters’ money held on the cards as deposit at any given time. → Read more
Thu, June 12th 2014, 13:00 · Chris Udemans

Millicom acquires controlling stake in Rwanda’s RSwitch

Mobile operator Tigo Rwanda has announced its parent company Millicom has acquired a controlling stake in Rwanda’s main provider of bank-to-bank payment switching services RSwitch. → Read more
Tue, June 10th 2014, 09:00 · Tom Jackson

OPINION: Kenyan public transport set for cashless chaos

New regulations set to come into place on July 1 mean Kenyan public service vehicles (PSVs) must operate a cashless fare system, with operators subject to fines, loss of licences or imprisonment if they fail to comply. Though in some respects the policy is admirable, the lack of information regarding the new regulations and the lack of a universal payments system threaten commuter chaos. → Read more
Thu, June 5th 2014, 15:00 · Susan Mwenesi

KCB, KBS partner for Abiria card fare payment platform

Kenya Commercial Bank (KCB) and Kenya Bus Services (KBS) have unveiled the Abiria card, which facilitates cashless payments on commuter buses in line with the government’s directive that all public service vehicles migrate to such methods by July 1. → Read more
Wed, May 28th 2014, 15:00 · Susan Mwenesi

Kenyan matatu association introduces cashless system

Kenya’s Matatu Owners Association (MOA) has partnered with Fibre Space Limited to launch My1963, a cashless payments system allowing public transport users to pay electronically. → Read more
Tue, May 20th 2014, 08:00 · Chris Udemans

Humanitarian smartcards launched in DRC

Global development organisation Mercy Corps has partnered electronic money issuer sQuid to provide contactless smartcards to households in the Democratic Republic of Congo (DRC) through which money can be distributed for use at local merchants. → Read more
Thu, May 8th 2014, 14:30 · Susan Mwenesi

Kenya’s Kisii county, DTB partner for automated revenue collection

The Kisii county government has partnered with Diamond Trust Bank (DTB) to launch a service automating revenue collection for parking, bus and boda boda (motorcycle) monthly licence fees. → Read more
Thu, May 8th 2014, 10:00 · Agatha Nduku

Kenya’s Helb to issue e-cards

Kenya’s Higher Education Loans Board (Helb) has partnered with a number of banks to develop prepaid electronic cards for disbursing funds to students and tracking of borrowers’ future bank transactions. → Read more
Fri, May 2nd 2014, 13:30 · Susan Mwenesi

PesaPrint rolls out cashless fare system for PSVs

PesaPrint has launched a cashless fare payment system for Kenyan public service vehicles (PSVs), adding to the competition in the multi-billion transport sector. → Read more
Mon, April 28th 2014, 16:00 · Agatha Nduku

Nairobi looks to collect $25m in parking fees through e-payments

Nairobi county hopes e-payments for parking will seal loopholes as it looks to meet the collection target of KSh2.2 billion (US$25.3 million) for the 2014/15 financial year set out in the County Fiscal Strategy Paper. → Read more
Tue, April 22nd 2014, 19:00 · Agatha Nduku

Kenya’s Equity Bank targets retail business with 300,000 smartphones

Kenya’s Equity Bank will issue 300,000 smartphones to retailers to aid cashless transactions and deepen use of the lender’s new ATM cards that allow tap-and-go payments. → Read more
Wed, April 9th 2014, 08:00 · Paul Adepoju

Payarena VAS platform launched in Nigeria

Payarena, a platform that offers users easy access to value added services (VAS), has been launched in Nigeria by Unified Payment Services Limited, allowing users to purchase airtime via virtual top-up and prepaid PINs. → Read more