May 5, 2014
After several years of growth in the use of emerging payment methods like prepaid cards and mobile payments, a new IDC Financial Insights survey saw a small decline in online bill payment as well as both network-branded and store-branded gift cards. Mobile payments...
Mar 4, 2014
With cheque card swipes having exceeded cash withdrawals at ATMs for the first time in 2013, FNB expects that this trend will accelerate rapidly through 2014. Irlon Terrblanche, CEO for FNB Core Banking Solutions, comments: “For customers earning between R100 000 and...
Nov 4, 2013
Card payments are overtaking cash, with FNB reporting that non-cash purchases in its consumer segment surpassed cash withdrawals at its ATMs by R800-million. The dominance of card over cash is very new in the financial services sector – just two years ago, FNB...
Aug 23, 2013
Net 1 UEPS Technologies has reported revenue of $118-million for the 2013 financial year, a 25% increase from the previous year. This translates into a fundamental EPS of $0.28, up 22% in constant currency; and includes $9-million of implementation and smart card...
