Digital Banking Solutions
PayPulse Reports Almost a Million Transactions in a Year in Namibia
Image sourced from /www.thegrovemallofnamibia.com Since launching in 2018 PayPulse, Standard Bank’s cashless transaction app has gained significant traction in the Namibian market, processing just under a million transactions to the value of N$ 442 million ($29.7-million) during the period 1 January 2021 to 31 December 2021. Standard Bank, a South African bank and financial service group, developed the PayPulse app, which allows anyone, no matter who they may bank with, to create a virtual wallet from which to pay for bills and services and send or withdraw money. Rejoice Itembu Head of Client Solutions at Standard Bank says that the app is unique in that it is the first of its kind to let users link up to three different credit or debit cards from different commercial banks, which, Itembu...
Ukheshe Confirms Two Key Appointments
Ukheshe has announced the appointment of Victor Ndlovu as its new Vice President for Africa and Paul Opie as Head of Issuing for Ukheshe Africa. Both appointments come as the fintech innovator continues to branch out from its South African roots into Africa. Joining Ukheshe from Wirecard South Africa, where he was responsible for driving regional business development, Opie says he is looking forward to working on local solutions that meet local market requirements and expanding them more broadly. “The challenges in the African payment industry as well as current global trends presents an opportunity for us to provide cost-effective payment acceptance infrastructure, such as QR code or mobile, rather than POS. Increase in acceptance creates trust and limits the want to withdraw cash from AT...
