DPO launches new DPO Pay Mobile payments app
A new mobile payments application will allow businesses to securely transact in multiple currencies across Africa. Ireland, Kenya, South Africa 12 December 2022: Leading African digital payments company DPO Group launched DPO Pay Mobile, a new version of their payments app. With several new features, DPO listened to merchant feedback to redesign and redevelop the payment app. DPO Pay […]
How Business Can Improve Cash Flow
Managing cash flow effectively is a crucial part of doing business, and one that many find challenging. Small businesses especially find cash flow to be somewhat of a foreign concept – isn’t enough to count your money as you make it? Nope, it’s not. Cash Flow Cash flow is more than just business profits, and having […]
How Do Pre-Authorizations Work?
Credit card pre authorization is an important and useful practice for merchants accepting payments in person or online, and offers many benefits. With pre-authorization of payments, merchants ensure their customers pay for the products and services they use. Merchants also save time and money by eliminating the instance of fees for refunds, MDRs, and the hassle of […]
Starting Your eCommerce Store Using Shopify? Here are a few pointers.
Shopify is a complete eCommerce solution, enabling merchants to reach customers via an online store. Shopify is a cloud-based hosted solution, which means the platform is kept up-to-date, can be accessed from anywhere in the world, and doesn’t require a merchant to have their own web servers or a third party hosting company. Plans Shopify […]
Cashless and Mobile Money Payments in Namibia
Gone are the days of collecting cash and stuffing it under the mattress until you need it: cashless payments – those made with credit, debit, or prepaid cards, or e Wallets– are extremely popular worldwide. Customers prefer the ease and security of carrying these forms of payment in their wallets, rather than bank notes. All […]
The eCommerce and Digital Payments Landscape in Mozambique
Mozambique, which is approximately 3 times as large as Great Britain, is divided into 154 districts. As of 2016, only 72 of these districts had bank branches in them. The Mozambique government and commercial banks in the country have undertaken to open at least one branch per district, by 2019. Sub-Saharan Africa suffers from a […]
The Development of the mVisa Payment Option
mVisa is an exciting digital payment method which offers simple implementation, security and interoperability between banks and mobile networks. It was first introduced in a pilot with Indian banks in October of 2015, followed by expansion in that market and introduction in Kenya in 2016. The mVisa payment option utilizes QR codes, which are scanned […]
5 Ways African Shop Owners Can Boost Sales
Looking to increase your conversions and sales? In today’s digital era there are a host of new techniques that will help you grow your profits. Here are the top 5 ways African shop owners can boost sales, gain new customers and retain existing ones : Adopt advanced payment solutions Businesses with advanced payment solutions are able to […]
Why Shop Owners Should Use an All-In-One Payment Solution
Currently, many shop owners are relying on more than one way to accept and process payments. A common scenario that might be familiar is the use of mobile phone apps and SMS to collect online payments and a separate mPOS device to swipe credit cards. In addition to those, using QR codes for payments usually […]
The Payments Landscape in Tanzania
Tanzania’s commercial banking landscape is highly regulated, however, recent years have seen improvements in efficiencies and the implementation of internationally accepted protocols. While it has only been 15 years since the automation of the Bank of Tanzania’s Electronic Clearing House, additional technologies have since been implemented which have increased processing times and changed the payments […]