In many parts of sub-Saharan Africa, almost 90 percent of all payments and transactions are based on cash. But there is a large opportunity to increase mobile money penetration, as two-thirds of the region is adopting mobile phones. Companies like Cellulant are tapping into this...
Richemont, the owner of Cartier, is reportedly teaming up with Alibaba to try to make inroads into China’s eCommerce market, in which it has struggled to drive sales. According to a report in Reuters, Richemont-owned YNAP and Alibaba, China’s biggest eCommerce player, will launch mobile...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Ingenico’s tie-up with European payments firm Trustly for merchant payments. In addition, honestbeeis opening a cashless supermarket in Singapore, and Accenture is teaming up with Digital Ventures Co. Ltd, a...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Norway’s Vipps selection of Inside Secure to provide security for contactless payments. In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B)...
January 15, 2018
American consumers, as a group, are finished with friction-filled, lumpy checkout experiences. Even a couple of years ago, these consumers were a more tolerant group as online checkout experiences started to improve. But a few years of using mobile devices to shop online has radically changed their expectations and really upped the bar, Braintree’s […]
November 08, 2018
To bring its fashions to new markets, Zara plans to roll out a global online platform. With the launch, the retailer will expand its efforts to 106 new markets, Chain Store Age reported. The new markets include many areas of Africa, such as Cameroon, Tanzania and Senegal. The internet platform is also coming to regions […]
October 29, 2018
Richemont, the owner of Cartier, is reportedly teaming up with Alibaba to try to make inroads into China’s eCommerce market, in which it has struggled to drive sales. According to...
May 08, 2018
MSTS has launched Credit as a Service (CaaS), a suite of applications and services that enables companies to power global commerce. The company has 40 years of experience providing payment and...