Accessible banking is key in Africa

Nedbank launches Send-iMali, a cost-effective way to send money to anyone, even if they do not have a bank account. In its continuing commitment to making banking more accessible to all, Nedbank has launched Send-iMali, a cost-effective way to send money. Send-iMali...

MasterCard launches MasterPass in SA

South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative MasterCard digital service, MasterPass. MasterPass enables consumers to make convenient, simple, fast and secure digital payments....

Multi-currency facilities on Cash Passport

MasterCard’s Multi-currency Cash Passport, a prepaid chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four...

PCI compliance combats credit fraud

The latest statistics from the South African Banking Risk Information Centre (Sabric) revealed that South Africa’s banking industry lost R366,8-million in 2013 due to South African-issued credit card fraud – a 22% increase from the previous year. This alarming...

Altech Card Solutions now PCI DSS compliant

Altech Card Solutions, part of Altron TMT, has announced that it has yet again received the Visa International and MasterCard stamp of approval with its recertification as a Payment Card Industry Data Security Standard (PCI DSS) approved service provider. According to...