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Cash-free Payments at your Fingertips

Originally published here

Shoppers could soon be able to pay with their veins thanks to biometric technology that Costcutter is trialling.

The system, called Fingopay, works by mapping finger veins from the user of the electronic reader, this mapping process generates a unique key.

Next-gen eShop Packages Launched Worldwide

Originally published here

Solutions will deliver accelerated ecommerce success via rapid and easy deployment, powerful shop functionality and compelling, fully-responsive shop designs.

There is a new range of eShop packages available for SMBs, which include ‘everything they need for retail success’, according to their creators.

SWIFT gpi will Bring More Transparency and Traceability to Cross-border Payments in the Middle East Region

SWIFT announces today that Saudi Arabia’s National Commercial Bank (NCB) has signed up for its global payments innovation (gpi) service. The bank is the first in the country to join forces with over 100 leading banks globally. SWIFT gpi dramatically improves the customer experience in cross-border payments by increasing the speed, transparency and end-to-end tracking of transactions.

SA fintech company Electrum selected for Gartner Aspiring Innovators Programme

Originally published here

South African fintech company Electrum, which specialises in payments technology, has been selected to participate in the Gartner Aspiring Innovators Programme.

Allied Exchange Africa Launches a Cross-Network Mobile Money Platform

Originally published here

Allied Exchange Africa Ltd. has launched its novel digital payment platform, ALEXpay to overcome the lack of cross-network fund transfer and interoperability which currently inhibits the potential of mobile money services in Ghana. 

Marie Claire and Mastercard Present the Next Big Thing Concept Shop

Marie Claire magazine is partnering with Mastercard to launch The Next Big Thing Concept Shop, a first-to-market, hands-on retail pop-up experience bringing to life the newest innovations in fashion, beauty, entertainment, technology and wellness. Open to the public from September 23-October 12, The Next Big Thing Concept Shop will offer consumers the opportunity to experience a new way to shop, powered by Mastercard technology.