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$78bn in transaction revenue to be processed by smart store tech by 2022

Invisible payments and other connected technologies are expected to boost retail revenues as omnichannel strategies move in-store...

10 Oct 2017

Yoco releases free POS solution for small businesses

Payments service provider Yoco has launched an enhanced POS solution, which is South Africa's first 100% locally made, free point of sale app...

5 Oct 2017

Consumer spending leads economic recovery

The recent launch of the Mastercard SpendingPulse Report is a first for South Africa. The Report is an early indicator of consumer spending trends...

By Danette Breitenbach 21 Sep 2017

Pick n Pay trials bitcoin payments

Bitcoin payments could soon be commonplace at Pick n Pay. For a limited period, customers at the retailer's head office campus store are able to use the cryptocurrency as a payment method...

19 Sep 2017

Research indicates payment markets to pass $5tn by 2020

Visa and MasterCard's distinct evolutionary strategies in digital payments will underpin the success of a market expected to increase from $3.8 trillion to $5 trillion...

30 Aug 2017

Contactless to account for over 50% of POS transactions globally by 2022

More than half (53%) of global transactions at POS (Point of Sale) will be contactless within five years, compared to just 15% this year...

22 Aug 2017

Youtap solutions aim to simplify mobile payments in Africa and Asia

Youtap has launched a QR code solution and smartphone apps for mobile money services in Africa and Asia...

21 Aug 2017

Cash is no longer king. All hail digitisation

Cold, hard cash has been on the decline in mature first world economies since the 1990s when electronic banking started becoming popular.

By Peter Alkema 14 Aug 2017

The convergence of credit card and cash in Africa

According to a recent study conducted by Mastercard, over 50% of the South African population still transact using cash on a daily basis...

By Simeon Tassev 1 Aug 2017

SA payments startup Yoco to expand across Africa

South African payments startup Yoco is to launch in test markets in East and West Africa by the end of next year on the back of strong growth at home...

By Tom Jackson 31 Jul 2017

#StartupStory: Flexpay

In the #StartupStory spotlight this week is Flexpay: a product created in response to the high demand in the market for purchasing goods via piecemeal payments...

By Ilse van den Berg 19 Jun 2017

Sodexo and Jumia Food Kenya partner on mobile payment solution for employees

Sodexo Group has signed a new partnership with Jumia Food Kenya to offer employers a seamless mobile solution dubbed M-Kula...

8 Jun 2017

Six trends in retail payments

Payments technology plays a critical role for retailers, ensuring a fast and smooth shopping experience for consumers, as they transact billions of rand every month...

1 Jun 2017

Nod for Steinhoff Africa assets spin-off

Analysts have praised Steinhoff's decision to list its African assets separately, saying the move allows the businesses to emerge from the shadow of its international operations...

By Colleen Goko 19 May 2017

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International

#EntrepreneurMonth: A premium African surf brand with global appeal

Little over a year ago, three friends with thriving creative careers embarked on a mission to combine their love of Africa with their passion for surfing. Thus, Mami Wata was born, a premium African brand of surf apparel and accessories with an undeniable global appeal.

By Lauren Hartzenberg 1 day ago

Black model in Dove video says ad 'misinterpreted'

LONDON - The black model who appeared in a Dove advert which triggered accusations of racism insisted Wednesday that she was not a victim and that the commercial had been misinterpreted.

12 Oct 2017

Report reveals customer aftermarket is afterthought for manufacturers

The customer aftermarket has become an afterthought for makers of home appliances, power tools, consumer electronics and other durable goods. Manufacturers and their retail partners have differing opinions when it comes to ensuring a valued, satisfying and profitable product ownership experience.

12 Oct 2017

Sears closing stores in Canada

OTTAWA, Canda - Sears said Tuesday it will seek court approval to liquidate all of its remaining Canadian stores, marking the end of an iconic department store. The company said in a statement that it would make the application to the Ontario Superior Court on Friday.

12 Oct 2017

Echo Polska Properties doubles retail portfolio with R11bn deal

Echo Polska Properties is doubling its retail assets with the €692.1m (R11.1bn) acquisition of a portfolio of 12 properties.

By Alistair Anderson 12 Oct 2017

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