March 2021 – At the height of the global Covid-19 pandemic, Nedbank became the first bank to offer small, medium and micro enterprises (SMMEs) the ability to turn their cellphones into a payment acceptance device with the launch of its Tap-on-phone functionality in October 2020. Following a successful closed pilot in June, the easily downloadable app has …
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Hellopay to roll out Mastercard Tap on Phone technology, enabling small businesses to accept contactless payments using their NFC-enabled Android phone Johannesburg, South Africa – March 04, 2021 – Hellopay, South African payments facilitator and the financial services arm of the Hello Group, and Mastercard today announced a partnership to roll out SoftPOS – a …
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Mastercard Economics Institute report estimates that 20-30% of the COVID-related surge in e-commerce spending to be a permanent feature in share of overall retail spending Trend away from cash is expected to be more persistent in economies such as the UAE; the e-commerce opportunity in East Africa is significant to bridge the digital divide Young …
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Mastercard has announced a partnership with Carticard, egabi FSI’s strategic partner, to offer Carticard customers improved digital payment solutions while incorporating more people into the digital economy.
The new partnership will enable Carticard to directly distribute loans through Mastercard prepaid cards and will enable smoother digital transactions and help users to minimize the use of cash by providing them with access to safe, fast and convenient card payments.

Launch expands Commercial Payment Solutions for Small, Medium and Large businesses in underserved markets across the Middle East and Africa region through the adoption of innovative and frictionless payment ecosystems Dubai, UAE – 17 November 2020:  Mastercard, a technology leader in the global payments industry, and its strategic partner Network International, the leading enabler of …
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