Cape Town, South Africa, Wednesday, 27 January 2021 – In a positive move for the South African fintech landscape, Spot Money has launched the country’s first Open Banking offering. The move follows the 2020 acquisition of the Virgin Money South Africa business by a leading South African private equity firm, in partnership with the local executive …
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New Enhanced Contactless specifications provide next-generation capabilities for advanced protection and convenience January 26, 2021, Dubai, UAE: Mastercard today announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments. The new Enhanced Contactless (Ecos) specifications are an industry-first and will help ensure that as our dynamic digital landscape evolves, and new …
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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.

Partnership will see fleet operators enjoy simpler, more secure payment processes at the fuel pump  Johannesburg, South Africa – 12 November 2020: Mastercard has partnered with Payment24, an international fuel payment fintech based in South Africa, to offer a payment solution that will help fleet management companies streamline payments, create efficiencies and prevent fraud. Payment24’s …
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Although COVID-19 has severely impacted our communities, the financial fallout has not been evenly distributed. It is a sad reality that small businesses and many South Africans they employ have struggled the most in this era of social distancing, lockdowns and enforced isolation. Cash flow is an important part of SME health at the best …
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