Mobile Payments Penetration and the State of Digital Payments in Zimbabwe
According to a study carried out in 2014, only 30% of the Zimbabwean population had accounts in formal banks. The remaining 70% have traditionally shied away from Zimbabwe’s banking industry. While many Sub-Saharan countries have a large portion of unbanked citizens, Zimbabwe’s percentage of unbanked is higher than the regional average of 65%. In 2008-2009, […]
Why the Same Transaction is Successfully Processed By One Provider, But Not Another
Let’s take a typical scenario. A customer from Brazil tries to buy a product from an Africa-based tourism website. The transaction is declined. Then, he tries to buy the same product from another Africa-based tourism website, and the transaction is successfully processed. What causes the transaction to be successful on one website but not another? […]
25 Things You Probably Don’t Know About Digital Payments But Should
Thanks to technological advances and the ability to accept digital payments, merchants can offer multiple payment options to customers all over the world. However, the global payment processing landscape has become more complicated, involving multiple steps and numerous service providers. No doubt, as a merchant, you’ve come across unfamiliar terminology and there may be some […]
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 […]
The Top 5 Challenges in Online Payments – Smart presentation
In today’s day and age both consumers and online merchants naturally assume that buying and selling online should be an easy, seamless and safe process. However, most people don’t understand the intricacies that go into ecommerce transactions and how complicated they can actually be. A typical ecommerce transaction triggers complex automated processes that involve downstream […]
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 […]
How to Use QR Codes for Payments
QR Codes are two dimensional barcodes made of pixelated black and white squares, designed to be read by a mobile phone camera. While there are many different uses for QR codes, one of the most common uses is to make mobile payments. Especially now that mobile shopping is on the rise, retailers are looking for […]
5 Reasons Why Online Payments are Ideal for Schools
The way school fees are collected traditionally should be a thing of the past. Learn more about the 5 reasons why online payments are ideal for schools.
Everything You Need to Know About Trivago
Trivago is a global hotel search website, where site visitors can compare hotel prices for 1.3 million hotels across 190 countries. It allows users to compare hotel deals and find the best prices quickly and easily. History Trivago was founded in January 2005. It was developed by a founding team in Dusseldorf, Germany. Initially, it […]