The Most Important Payment Processing Features for Restaurants
Service experience is crucial to customer satisfaction, and the easiest way to make customers happy (except for serving delicious food of course) is by choosing the right forms of payment processing for your restaurant. Customers are paying with a variety of methods these days and are looking not only for a restaurant that accepts credit […]
The Most Important Payment Processing Features for Hotels
Payment processing is a key part of the organization and management of a hotel, and whether online or in-person, it is important to have many ways of processing your guests’ transactions in a secure, efficient way. Accepting a variety of payment options not only expands your customer base, but improves the customer experience from booking […]
Benefits of Cryptocurrency Adoption in Africa
Many societies are experiencing a gradual transition towards cashless-ness, positioning digital currencies as the future of banking and commerce. In developed regions, the adoption rate of cryptocurrencies is slow, as it is hampered by the traditional financial sector. Meanwhile, in Africa, these currencies are being readily adopted. This is because they enable African populations to […]
State of Cashless Payments in Ghana
Mobile money was first introduced in Ghana in 2009. By 2012, the Bank of Ghana began compiling data and observed that the value of mobile money transactions reached GH¢ 19.6 million. Mobile money penetration has grown significantly since then, with GH¢155.8 billion ($35 B) in mobile transactions in 2017, up from GH¢78.5 billion in 2016. […]
The State of eCommerce in Mauritius
Mauritius, an exotic island in the Indian Ocean, may not be the first place to come to your mind when thinking about ecommerce development. However, as with all African ecommerce, increasing internet penetration throughout the country means that the ecommerce industry in Mauritius is growing rapidly. According to Internet World Stats, over 62% of the […]
5 Reasons You Must Take a Trip to Mauritius
Mauritius is a beautiful island country with features that will impress even the most seasoned traveler. Here are 5 reasons you must take a trip to Mauritius.
Introducing the M-Pesa Xpress Feature for M-Pesa
M-Pesa is a mobile money service that was launched by Vodafone for Safaricom in 2007. It offers users the chance to deposit, withdraw, and transfer money using their mobile phones. Many people use M-Pesa to give money to friends and family, pay for goods and services, and pay their bills. In a world where mobile […]
African eCommerce Shows Continued Growth Despite Challenges
Running an ecommerce business in Africa isn’t without its own unique set of challenges. However, regardless of these hurdles, African ecommerce is showing continued growth. What exactly are the challenges that merchants face, and what are the strong forces behind the continued ecommerce growth? The challenges African eCommerce faces Let’s take a look at the […]
MasterCard Best Practices for Managing Authorization Reversals
Authorization reversals are a tool that merchants can use for various reasons, such as to: Provide good customer service Ensure merchant compliance Reduce fraud First, let’s take a look at exactly what an authorization reversal is, and when it is used. Then, we’ll delve into MasterCard’s recommended best practices for managing authorization reversals. What is […]
How the Fintech Revolution is Changing the Face of Employment in Africa
In 2016, global investment in fintech venture companies reached $23.2 billion, up 10% from 2015. And, Africa is no stranger to the party. Today, Africa is considered a hotbed of fintech innovation and acceptance. The global fintech industry includes approximately 1,000 companies and startups, with over 300 fintech startups active in Africa alone—3 of which […]