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  • Regional Payment Systems can Boost Scale in sub-Saharan Africa

    Regional Payment Systems can Boost Scale in sub-Saharan Africa


    2019-02-19 [ Industry News ]


    Evidence of a 5,000% increase in the volume of payments processed in the Southern African Development Community’s real-time gross settlement system (SADC RTGS)A number of forward-thinking national governments have realised the confines of fragmented national payment system frameworks and are exploring how a critical level of scale can be achieved through regional payment system integration initiatives.The Central Bank of the West African States (BCEAO) and the Southern African Development Community’s (SADC) Integrated Regional Electronic Settlement System has made positive strides in the harmo......

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  • New Paths And Pressures For Payments

    New Paths And Pressures For Payments


    2019-02-09 [ Industry News ]


    The payments landscape in Europe is set to change later this year, with PSD2 joining GDPR in a kind of early 21st-century digital balancing act. Meanwhile, airlines and other travel vertical players face fresh pressures on alternative payments, and new payday loan regulations are looming. Meanwhile, the luxury retail ecosystem could change via another online operation that offers relatively easy access to designer goods.Data: 100 percent: The amount of mobile bookings that some travel operators say they will hit within the next few years, underscoring a shift......

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  • Could Mobile Payments Save Physical Retail?

    Could Mobile Payments Save Physical Retail?


    2019-02-09 [ Industry News ]


    The death of physical retail is a hand wringing refrain that’s been going on for some time now. The rise of online and mobile shopping, backed up by declining fortunes at shopping malls and physical stores, is enough to make one wonder if maybe retailers can pull out of that crash via technology that’s already available. A new report suggests that it might be mobile payments that saves the physical retail chain, and for reasons you might not expect.The theory that mobile payments could be a lifesaver comes from the confluence of two separate principles. One, the “showrooming” concept, in which......

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  • Iraqi Mobile Gaming Gets New Mobile Payments Edge With Docomo Digital And Zain

    Iraqi Mobile Gaming Gets New Mobile Payments Edge With Docomo Digital And Zain


    2019-02-09 [ Industry News ]


    Mobile gaming is increasingly part of the landscape, as people take advantage of a few minutes here or there to enjoy a quick game of something, or to browse stores for merchandise. This has opened up plenty of opportunities for mobile payments to step in as a way to provide monetization for such mobile fun, and recently, a new effort between Docomo Digital and Zain Iraq provided one more example of such operations.The new team-up between Zain Iraq and Docomo Digital allows Zain to offer direct carrier billing for its GamEmpire system, a variety of games—both native and HTML5 varieties—to be s......

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  • Mobile Payments Self-Checkout Future In The Hands Of New MPOS Systems

    Mobile Payments Self-Checkout Future In The Hands Of New MPOS Systems


    2019-02-09 [ Industry News ]


    It’s easy to see why a lot of people like the idea of mobile payments and self-checkout. Being able to serve as your own checkout stand means that you’re always the next person in line. That speeds things up and makes your overall customer experience better for the faster pace. However, access to such tools is as yet limited, but that’s a point a lot of retailers are looking to change thanks to significant improvements in mobile point of sale (mPOS) systems.Already, we’ve seen several brands make this leap, like Nike and Loblaw, giving customers the ability to put their mobile devices to work ......

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