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 […]
American Express Security and Fraud Prevention Strategies
Preventing fraud is an important step towards safeguarding your business and protecting customer information. Many major card providers utilize a range of security features and fraud prevention strategies to ensure merchants and customers are protected. American Express is one such provider. There are a variety of American Express security and fraud prevention strategies. When accepting […]
Visa Security Features and Fraud Prevention Strategies
Like every major credit card company, Visa takes fraud prevention very seriously. Using a selection of sophisticated card security features and an array of fraud prevention strategies, they enable merchants to accept card payments with a minimized risk of fraud. Physical features of Visa credit and debit cards Visa security features has a first line […]
MasterCard Security Features and Fraud Prevention Strategies
When customers pay by credit or debit card, there’s always a risk of fraud. However, card providers such as MasterCard implement a wide range of features to ensure the highest level of security possible– preventing fraudulent transactions and ensuring that you, the merchant, can recognize a fraudulent card. If you’re accepting a MasterCard card payment, […]
An Inside Look at the Credit Card CVV and How It Protects Against Fraud
Preventing fraud is a priority for merchants and customers alike. When a customer pays using a credit or debit card, procedures are in place to ensure the transaction is not fraudulent. The card itself has multiple features built into its design. Recognizing and understanding these features allow merchants to identify fake credit cards. One of […]
Upselling and Cross-Selling: How, What and Why?
Ecommerce merchants are always trying to improve their sales. Learn more about upselling and cross-selling techniques, and how they can boost your revenues.
The Latest in African Fintech 2017 and Forecasts for 2018
As of August 2017, African fintech startups have raised over $100 million in investment. And, we don’t see them slowing down anytime soon. There are over 300 fintech startups active in Africa, with over 31% in South Africa, followed by Nigeria and Kenya. Emerging countries with increased fintech startup activity include Ghana and Cameroon. Startups […]
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 […]