Payments News

On The Web

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Global

Biometric ATMs extend banking services

“FNB has launched a mini-ATM that uses biometrics as a means of consumer validation, a move the bank believes is a first for South Africa. The TouchPoint device functions as a self-service kiosk from which customers can conduct transactional banking such as withdrawals, transfers and payments, view statements, purchase airtime and electricity and perform card cancellations. […]
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Companies

Wirecard’s Digital Payment Product Launches In South Africa

“Wirecard is now in South Africa after its digital payment product, SecureEFT, was introduced. Thanks to the payment service from Wirecard South Africa consumers will be able  to make online payments directly into a bank account. Besides facilitating transactions, the service is said to provide real-time notifications to customers during payments.”

On The Wires

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Companies

Mastercard and EasyPay take the friction out of bill payments

“South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard. Announced today at the Mastercard Connecting Tomorrow Forum in Barcelona, this collaboration marks a significant milestone in Mastercard’s strategy to displace cash and […]
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Companies

Mastercard And Entersekt Enable All-In-One, Scan-To-Pay Feature In Nedbank App

“Mastercard and Entersekt have collaborated to enable Nedbank’s customers to make QR payments to Masterpass, Pay@, SnapScan, and Zapper merchants and billers through the Nedbank Money app, whether they are paying online or at a physical point of presence. This market-first development means that Nedbank Money users need just one smartphone app for all major […]