December 3, 2024

Payments

Vodacom Launches VodaPay Masterpass in South Africa

Byron Adonis Mutingwende04 mins

Vodacom has launched its new VodaPay Masterpass mobile app in South Africa, which uses Mastercard’s global digital payment service to facilitate tokenised bank card payments. The app is available on both the Google Play Store and Apple App Store, and is developed by the same company which created the Masterpass applications for South African banks. According to its…

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Zimbabwe’s Fintech Startup Payitup Nets $13m from UK’s Thawer Fund Management

Byron Adonis Mutingwende04 mins

Harare-based payments startup Payitup has secured a $13-million Series-A investment from London’s Thawer Fund Management, CEO Aretha Gonyora has revealed. The funding was secured at a $20-million valuation. Payitup currently helps consumers make payments for MultiChoice’s DStv service. The startup plans to use the investment to further develop its system. The funding will also help it to form…

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