The bank introduces a tap-and-go payment feature, which allows customers to make payments using their Fitbit and Garmin wearables.

Making yet another technological leap in payments, IDEMIA, the global leader in Augmented Identity; Network International, the leading payment solutions provider in the Middle East and Africa (MEA) region, and Mastercard, a leading technology company in the global payments industry, have teamed up to launch a project to enable merchants to use smartphones to accept contactless payments.

Its Everywhere Initiative offers start-ups the chance to win up to $50 000.

This will enable Mastercard to leverage Oltio's infrastructure to enhance its existing suite of digital solutions.

The banking card allows consumers to use biometric authentication instead of PIN code when paying for goods via contactless transactions.

According Juniper research, 1 billion mobile devices will access coupons through QR codes by 2022.

Integration of MasterCard's digital payment service into the app will see spaza owners facilitate cashless transactions with customers and retailers.

Through the partnership, Yoco will provide its MasterCard-enabled mPOS devices to small and medium enterprises throughout SA.

The initiative aims to drive interest in science, technology, engineering and maths among primary school girls.

The telco has launched mobile sports betting on its network through a partnership with sports betting platform ClickaBet.?

The service will provide alerts to issuers six to 18 months ahead of other conventional alerts, says MasterCard.

Juniper research finds Visa and MasterCard will be the key digital payment drivers, pushing the market to over $5?trillion by 2020.