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Global

Airtel Uganda, MasterCard Partner to Launch a Virtual Debit Card

“Telecommunication firm, Airtel Uganda today announced a partnership with MasterCard and launched a virtual debit card allows Airtel Money customers to make online transactions safe, convenient and secure without the need of having a bank account. The virtual card is attached to the subscriber’s Airtel money wallet.”
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Global

Digital Payments Provider i2c Granted Approval by State Bank of Pakistan to Serve As Electronic Money Institution

“i2c, a digital payments and banking technology provider, has revealed that it was selected to develop Pakistan’s TAG, which is described as a “digital-native” financial app. i2c is the latest Fintech firm in the country to be granted approval by the State Bank of Pakistan (SBP), the nation’s central bank, to operate as an Electronic […]
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Global

Pakistan Government Announces New Instant Digital Payment System

“Pakistan has announced a new government-run instant digital payment system in a bid to boost financial inclusion and government revenue in the country where only a fraction of economic transactions occur on the books. The new system, called “Raast” or “direct way”, will be rolled out in three phases culminating in early 2022, officials from […]
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Global

Aella, Amazon Partner on Underbanked Empowerment

Single point financial service and payment solutions firm, Aella App, said it is working with Amazon Web Services, Inc. (AWS) to empower underbanked individuals to have quicker access to credit and other financial services using Amazon Rekognition for identity verification.