30 results
- 23 Jan 2017
Cashless Payments Widening Gains on Cash Globally - Report
Some 471 billion cashless payments were made worldwide in 2015, an increase of 52 percent since 2011, according to the RBR report, Global Payment Cards Data and Forecasts to 2021. During the same…
- 26 Jun 2023
Kuda Commences Awareness Campaign to Drive Cashless Payments
Kuda, the money app for Africans, has launched a multichannel campaign to increase the awareness of cashless payment options in Nigeria. According to the fintech’s co-founder and CTO, Musty Mustapha,…
- 26 Feb 2015
Wincor Nixdorf Pilots New Cashless Payment Solution
The German Banking Industry Committee has approved a hardware and software solution from Wincor Nixdorf for the processing of cashless payments on Germany's girocard interbank network. The solution…
- 11 May 2020
Jumia, Mastercard Partner to Provide Cashless Payments for Essential Products in Africa
Jumia, Africa’s leading e-commerce platform and Mastercard have partnered to incentivize consumers on the use of cashless payments platforms as people look for safer ways to pay in the wake of the…
- 15 Oct 2021
Kuda Partners Network International to Promote Cashless Payments
In a move aimed at driving its independent payment cards offering, Kuda Technologies, the challenger bank for Africans, has partnered with Network International, the leading enabler of digital…
- 25 Nov 2016
Glo Pledges Support for mCash Cashless Payment Solution
Globacom, has vowed to support government’s new electronic payment initiative, mCash, assuring that it would use its advanced nationwide network to back the project. The Nigerian…
- 26 Mar 2015
Easy Taxi Rolls Out Cashless Payment Module on Its App
Easy Taxi, is working towards seamless payment system on its app with Easy Taxi Pay (ET Pay), a new in-app that allows users pay via debit/credit cards. Rocket Internet, that ET Pay lets users import…
- 21 Jun 2016
Africa’s Economy Offers Huge Potential for Cashless Payment- MasterCard
African countries share some of the world’s highest speeds of digital growth with people now constantly in pursuit of faster and more convenient ways of paying for goods and services. With the…
- 31 Mar 2020
COVID-19: Jumia Begins Contactless Delivery, Cashless Payments in Africa
Jumia, Africa's leading eCommerce platform has announced the implementation of ‘contactless’ delivery for prepaid packages on the platform. The company is taking additional measures to keep…
- 18 Nov 2017
Visa Plans Boost to Cashless Payment with GTS
Visa has announced plans to take a sizable bite out of cash with Visa Global Transit Solutions, a new program designed to accelerate the use of debit, credit and prepaid accounts at the turnstile or…
- 14 Feb 2012
Interswitch Boosts Cashless Policy with Electronic Payment Solutions
The Cashless policy aimed at encouraging electronic-based transactions and reducing the amount of physical cash in circulation has been given a push by Interswitch with the availability of its…
- 23 Jun 2026
FG Moves to Track Ransom Payments Through Cashless Reforms
Federal Government is considering the reintroduction of a stricter cashless policy as part of efforts to combat kidnapping and other criminal activities across the country. Security sources said the…
- 2 Nov 2014
MasterCard Takes Cashless, E-Payment Messages to "Restaurant Week"
MasterCard, a multinational financial services corporation, said it is delighted with the efforts of the Central Bank of Nigeria and the financial institutions in ensuring a topnotch e-payment system…
- 21 Jun 2017
Nigeria’s NetPlus, Mastercard Deliver Cashless Online Shopping Payment Solution
The African e-commerce sector is plagued by cash, with the majority of payments still being made in cash at the point of delivery. Understanding the impact of this challenge, Mastercard has partnered…
- 25 Jun 2012
Cashless: ‘Phobia for Electronic Mode of Payment is Real’
Despite the Cashless policy of the Central Bank of Nigeria (CBN) being a good concept, phobia for electronic mode of payment is real as most people prefer the usage of the traditional/manual system…
- 18 Jun 2012
Cashless: ‘Phobia for Electronic Mode of Payment is Real’
Despite the Cashless policy of the Central Bank of Nigeria (CBN) being a good concept, phobia for electronic mode of payment is real as most people prefer the usage of the traditional/manual system…
- 18 Sept 2013
PayMe: Nigeria's Version of PayPal Debuts
The cashless initiative of the Central Bank of Nigeria (CBN) has received another boost with the introduction of payme.ng, an innovative, easy to use cashless payment service similar. Payme,…
- 8 Nov 2012
MasterCard @ World Bank Summit, Showcases Cashless Nigeria
MasterCard, global payments and Technology Company has presented the Central Bank of Nigeria’s (CBN) Cashless Policy as a best practice case study at the Africa investor-World Bank Group Africa CEO…
- 22 Nov 2014
Verve Announces Winners of Verve Cashless Campus Challenge
Verve International, Africa’s leading payment card brand has officially announced the winner of its Verve Cashless Campus Challenge in collaboration with Enactus Nigeria. Verve Cashless Campus…
- 21 May 2023
MoMo PSB to Invest in Financial Education, Mobile Financing, to Drive Financial Inclusion
Eli Hini, CEO of MoMo PSB, says that the mobile money operator will invest in financial education, mobile device financing and other financial solutions, to bridge the financial inclusion gap in…
- 14 Dec 2022
FCMB Provides Quick Response Payment Platform to Merchants
First City Monument Bank (FCMB) has launched a contactless, cardless, and cashless Quick Response (QR) code to boost instant payments for goods and services. The Bank introduced the payment solution…
- 30 Jun 2014
Stakeholders Gear Up for Nationwide Cashless Policy
Stakeholders in the e-Payment space are hopeful that the commencement of nationwide cashless policy this week will trigger a geometric growth in the deployment and use of Point-of-Sale (POS)…
- 4 Sept 2017
Experts Harp on Infrastructure Network, Awareness for Cashless Policy
Electronic payment operators have blamed the absence of robust infrastructure network and low level of awareness for the slow adoption of e-payment as a lifestyle. This is against the backdrop of the…
- 9 Oct 2013
EPPAN Calls for Upgrade of Infrastructure for Cashless Regime Boom
Electronic Payment Providers Association (EPPAN) has reiterated the need for Nigeria to upgrade its infrastructure ahead of the boom in ePayments in the country, even as it stressed that more…
- 16 Feb 2025
inDrive Unveils Cashless Bank Transfer Feature in Nigeria
inDrive, a global ride-hailing platform operating in nine African countries, has introduced “Light Cashless,” an innovative new payment feature in Nigeria designed to enhance safety and convenience…
- 7 Dec 2022
FG Urges for FinTech Advocacy to Sustain Digital Economy
As Financial Technology (FinTech) proved to be a critical element in the advancement of digital economies globally through its enormous contribution to Gross Domestic Products (GDPs) as well as the…
- 6 Jun 2023
How can Nigeria build on the payment evolution brought about by the Naira shortage
By Mxolisi Msutwana - Chief Operating Officer at Baxi All around the world, governments are trying to encourage cashless payments. Their reasons for doing so are multiple, including expanded…
- 7 Feb 2024
Transactions on E-payment Platforms in Nigeria Hit N600 trillion in 2023
Electronic payment transactions in Nigeria rose to N600 trillion in 2023, hitting an all-time high as more Nigerians embrace cashless payments. According to the data released by the Nigeria…
- 26 Nov 2024
Prepaid debit cards can enable companies to take advantage of increased intra-African trade
By Amber Thetford As businesses seek to expand across African borders, cashless payment solutions offer a safer method of transferring money. One offering, prepaid debit cards, provides security…
- 17 Nov 2020
Mastercard, Network International Partner to Expand Commercial Payment Solutions across Middle East & Africa
Mastercard, a technology leader in the global payments industry, and its strategic partner Network International, the leading enabler of digital commerce across the Middle East & Africa (MEA),…