Post Tagged with: "South Africa"

VIDEO: Standard Bank Launches Mobile Payments — With 3% Fee

by May 22, 2014 at 11:20 am 0 comments

Standard Bank in South Africa introduced a new mobile payments option for merchants called SnapPay — and the bank is still charging merchants a hefty processing fee. There is a hope that direct connections between banks and retailers would help merchants avoid card fees. That is not the case here.Read More

FNB South Africa Is Turning In Impressive Mobile Transaction Volume

FNB South Africa Is Turning In Impressive Mobile Transaction Volume

by April 9, 2014 at 12:35 pm 0 comments

The financial services story in Africa has been dominated in recent years by M-PESA, the Kenyan mobile payments service. But an there’s also a mobile banking story worth noting at First National Bank of South Africa. FNB, as it is called, is doing an impressive 230 million mobile banking transactionsRead More