Tag: electronic payment

Payment transfer through the internet is influencing people's lives rapidly at a faster speed. Since it was inception in 2010, Paytm team have been providing awesomely great services and transfers in their mobile recharge business. But from the last few months, they are trying to become one of the biggest...

Not sure what to get a family member this holiday season? Or maybe a friend has an approaching birthday? Cash is a great option, especially since there are so many fun ways to give money that go beyond stuffing cash into a card inside an envelope! However, there’s an even...

Although it is often seen as a casual outing, shopping always has the potential to be one of the most gruelling undertakings. Even the most discerning and prepared consumers can suffer from long wait times and poor inventory, particularly if a store isn’t prepared for a rush. This is especially...

In America, most of the people eat out rather than cooking at home. The Point of Sale (POS) is a type of computer system which has made business a lot easier. With the help of POS, restaurant businesses can now run very smoothly and efficiently. As such POS systems are...

Following a rapid economic growth, consumer-facing industries have quietly grown into a significant economic force in Africa's most populous nation. Over the last decade, the Nigerian telecommunications and banking industries have experienced rapid expansion, serving rising demand and a fast growing middle class. A typical Nigerian consumer nowadays demands a...

Nigerian payments company Paystack has raised Series A funding from global payments leaders Stripe, Visa, and Tencent In little over two years, Paystack has grown to power tens of thousands of businesses of all sizes, and already processes more than 15% of all online payments in Nigeria—Africa’s largest...

Engaging in the CBD business can be a lucrative venture. In 2017 the legal sales of CBD products and medical Marijuana hit the $10 billion mark. However, most of the banks still treat the CBD businesses as high-risk businesses and therefore do not offer payment processing solutions for them. The...

Nigerian startups CredPal and Zowasel win in the Merchant Payments and Financial Inclusion challenges respectively Lagos, Nigeria; 25 July 2018: Visa (NYSE:V), the world’s leader in digital payments, announced Nigerian startups CredPal and Zowasel as winners in the Merchant Payments and Financial Inclusion challenges of its first ever Sub Saharan...

Since its birth in 2012, Jumia has graduated from being just an e-commerce shopping platform to one of the biggest and best processor of payments (see: JumiaPay), flight and ticketing platform (Jumia Travel), food service and restaurant discovery platform (Jumia Food), party drinks and supply (Jumia Party), and recently,...

Jumia is, unarguably, the biggest online e-commerce shopping platform in the whole of Africa. And it doesn't seem the company is ready to vacate that spot for any new or old rival or competition. Ever since the company's inception (as AIG — Africa Internet Group) in Lagos, Nigeria in 2012,...