Contactless Payments Now Supported by Nedbank & Synthesis - IT News Africa | Business Technology, Telecoms and Startup News

The solution, built on Amazon Web Services , can be installed on smartphones without any additional hardware. This allows single operators or small businesses to accept contactless payments easily, lowering the barrier to entry for the country’s retail industry.– A diversified financial services provider, is one of Africa’s largest banking groups, with operations in South Africa, Namibia, Eswatini , Mozambique, Lesotho, and Zimbabwe, and offshore in the Isle of Man and Jersey.

The Solution enables individual sellers or small retail shops to accept payments with only a compatible smartphone. When licensing a solution from one of the global card payment giants proved to be costly in the long run, the bank opted for a different approach – its trusted technical delivery collaboratorwhich led to the birth of its cloud-based digital payment solution. This puts Nedbank on the map, as the first bank in Africa to offer a SoftPOS solution.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bridging the Gap Between Applications and Data - IT News Africa | Business Technology, Telecoms and Startup NewsIn today’s dynamic business landscape, where data reigns supreme and agility is a game-changer, the convergence of applications and data has emerged as a fundamental force propelling organizations toward success. The quest to unlock the true potential of data-driven insights and streamline operations has given rise to a paradigm shift: simplifying platform integrations. The power […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

Women in Business: Q&A with Jessica Hawkey - IT News Africa | Business Technology, Telecoms and Startup NewsIn this exclusive Q&A, we delve into the insights and experiences of Jessica Hawkey, the Managing Director of redAcademy.
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

Microsoft Research Shows: Sporting Events are a Major Target for Cyber Attacks - IT News Africa | Business Technology, Telecoms and Startup NewsMicrosoft’s latest Cyber Signals report highlights threats to large venues, and sporting and entertainment events, based on its learnings...
Source: ITNewsAfrica - 🏆 27. / 59 Read more »