Payment Systems News

Tanzania: Ecobank Tanzania Unveils Two Digital Payment Systems


 | Source: The Citizen; All Africa

Ecobank Tanzania has unveiled two digital payment solutions on Wednesday, September 20, 2017 aimed at easing retail payment.

Morocco: Crédit du Maroc launches e-service to facilitate goods clearance in the country


 | Source: Ecofin Agency

Crédit du Maroc (CDM), Moroccan subsidiary of French Group Crédit Agricole S.A, has launched an e-service for tax collection and payment of bank guarantees.

Tanzania: BoA Launches New Banking APP


 | Source: The Citizen; All Africa

Bank of Africa Tanzania (BoA) has launched a new banking App that will allow customers to make financial transactions through mobile phone for free.

Malawi: Finding Relief Through Mobile Banking Services On Likoma Island


 | Source: Malawi News Agency; All Africa

Mo626 is a National Bank of Malawi's mobile phone service that enables its customers to do money transactions via mobile phones.

Nigeria: Union Bank Unveils Innovations On Digital Banking Platforms


 | Source: Daily Trust; All Africa

Union Bank has unveiled a plethora of digital banking solutions which will allow customers perform banking transactions through short code messaging on their mobile phones.

Zimbabwe: Market Embraces Netone Products


 | Source: The Standard; All Africa

NetOne last week launched OneCover, a micro mobile insurance that offers funeral insurance to subscribers and OneTech, which offers smartphones on credit loaded with free OneFusion airtime for the whole year.

Malawi: NICO Urged to Extended Insurance Services to Rural Masses


 | Source: Malawi News Agency; All Africa

Chief Executive Officer (CEO) for CDH Investment Bank, Misheck Esau has called on NICO General Insurance to extend insurance service to rural communities.

Nigeria: Skye Bank Unveils New Digital Solution, SkyeXperience


 | Source: This Day; All Africa

Skye Bank Plc, one of Nigeria's largest retail lenders, unveiled a new digital banking solution called SkyeXperience which is considered as as a game-changing innovation that is poised to put industry competitors in the digital catch-up mode.

Ethiopia: NCR Sells 200 ATMs to State Giant


 | Source: Addis Fortune; All Africa

The Commercial Bank of Ethiopia (CBE) has bought 200 Automated Teller Machines (ATMs) from NCR Corporation, raising its machines to over 1,500. The procurement is estimated to cost the Bank over 30 million Br.

Nigeria: CBN, NCC to Tackle SIM Swap, USSD e-Payment Frauds


 | Source: Vanguard; All Africa

The Central Bank of Nigeria, CBN, in collaboration with the Nigerian Communication Commission, NCC, is set to introduce regulations to curb SIM swap and Unstructured Supplementary Service Data,USSD, related electronic payment frauds in the financial system of the nation.

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