[Market Research] Kenya is a Focal Point for African Growth
In a new report of Kenya’s credit card and payments industry, the Market Research Store explores the political, socioeconomic, infrastructural, and demographic reasons for the growth of Kenya’s dominance as a hub of electronic payments in Africa. An oasis of peace and stability, if other African nations follow Kenya’s lead in embracing innovation and technology, […]
Global Payment Trends in 2015
Online and mobile payments, worldwide, have seen enormous changes, growth and maturity in the last decade. While these technological advancements have made paying for services and goods from the comfort of home (or from mobile phones) vastly more accessible and seamless for consumers in the western world, they are also filling a huge void that […]
Pro Tips: How to Prepare for Opening a Merchant Account
For nearly ten years, Eran Feinstein, Managing Director of Direct Pay Online, has been leading the African travel market with online and mobile payment solutions. Eran and his team create structures that empower businesses to conduct business online, accept credit card and mobile payments, and cater to a broader global audience. We sat down with […]
Cross-Border Mobile Money Trends
Mobile payments continue to grow in popularity as they facilitate business transactions The establishment and growth of the East African Community (EAC) provided a foundation for cross-border payments and a boost to e-commerce in Africa, especially in the travel industry. It’s easier than ever to find and purchase a flight to Kampala, book a hotel […]
The Key to Preventing Chargebacks
For online merchants, accepting credit cards over the phone, or via digital transaction, is a standard operating procedure, but not without certain risks. Chargebacks are a primary concern for businesses that conduct e-commerce, and they can be very expensive due to lost sales and stiff penalty fees. Chargebacks can happen for any number of reasons. […]
PCI DSS in Africa
Global credit card fraud is on the rise. According to Nilson Report, payment card issuers, merchants, and their acquiring banks lost $11.27 billion to fraud in the calendar year 2012. The Payment Card Industry Data Security Standard (PCI DSS) was created to combat the escalating occurrence of fraud globally by increasing controls around cardholder data […]
Business Connect: The Complete Business-to-Business Payments Solution
“We believe that the business community should provide an easy and fast way to pay and to be paid.” 3G Direct Pay Ltd. A new, online express business-to-business (B2B) payment processing platform – Business Connect – has been introduced by 3G Direct Pay. This full suite of exclusive services enables any member of the business […]
A Step-By-Step Guide to the EMV and Online Card Transaction Journey
Whenever you go into a store or go online to buy something, there are always those few seconds of anticipation after you hand over your credit card or input its details, as you wait for authorization. What is going on behind the scenes? What “magic” is taking place as the zillions of bits and bytes […]
Growing eCommerce Platforms in Kenya
As the world becomes more attuned to online buying, Kenya is determined not to be left behind. Commenting on this trend in September 2013, we reported that Kenya was “not only taking part in the eCommerce industry, but it is flourishing and growing rapidly every day.”
3G Direct Pay Connects with Cellulant to Provide Online Mobile Money Payments Solutions for Africa
3G Direct Pay Limited has become a leading online payment solution for East and Southern Africa. Now they have selected a significant technology partner and mobile digital payments provider, Cellulant, to provide their customers the freedom to pay online using all major credit, debit cards, PayPal and Mobile Money in a safe, reliable and secure, […]