PayPal hits 1m SA milestone

PayPal hits 1m SA milestone

Aug 25, 2014

More than 1-million South Africa accounts have been opened on the global payments platform PayPal, just four years after the first deal with First National Bank (FNB) made it possible for people and businesses in South Africa to make and accept PayPal payments.

FNB eWallets reach R10bn milestone

May 30, 2014

More than R10-billion has been sent to South African recipients via FNB’s mobile money solution, eWallet, since its inception. During the last year alone (May 2013 to April 2014), 53% (R5,3-billion) of that R10-billion was sent – indicating that mobile money is fast...

High-definition TVs hit 1m mark

May 21, 2014

The market for ultra-high-definition (UHD) TV panels reached a significant new benchmark in March when global shipments exceeded 1-million units for the first time, driven by vastly increased deliveries from the industry’s three largest makers of the high-end panels....

Africa booms for Orange Money with 10m users

Apr 23, 2014

Orange Money has signed up 10-million customers in Africa. Stéphane Richard, chairman and CEO of Orange, gave an Orange Money credit to the company’s 10-millionth customer, Kanny G, who opened an account in Dakar, Senegal. “Orange Money is a revolution in terms of...

FNB: card swipes exceed R2bn per month

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...