South Africa’s e-commerce sector reported a dramatic uptick in sales during the Black Friday weekend, while brick-and-mortar sales plummeted.

The deal is set to strengthen Ukheshe’s existing partnership with Mastercard, combining its ability to solve local market pain points with Mastercard’s global scale.

The bank is driving the mass adoption of contactless payments in Africa, as consumers look for safer ways to pay in the wake of COVID-19.

The global bank card payment transaction processor is increasingly relying on artificial intelligence to keep the digital ecosystem safe.

Standard Bank, Mastercard and Google want to help SMEs accelerate digital transformation, in response to operational challenges posed by COVID-19.

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and Mastercard, the global multi-rail payments technology company, today announced that they will partner to provide a wide range of real-time payment solutions globally.

The payments tech company unveils the Fintech Express, which aims to facilitate the launch and expansion of fintech firms in the MEA region.

The app includes biometric sign-on; card and PIN registration without going into a branch; and chat functionality to contact an agent directly from the app.

The new tokenisation service will create a safe and seamless way for local cardholders to transact in-app and online.

Entersekt partners with NuData Security, in an agreement that allows the fintech to tightly integrate NuData’s behavioural analytics solution NuDetect with the Entersekt Secure Platform.

The new low-cost payments solution enables small companies to accept a range of digital payments, allowing them to take their businesses online.

The new virtual Mastercard credit card enables consumers to make contactless payments online and instore globally.