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Stripe will Acquire Paystack to Accelerate Online Commerce Across Africa

Making online and offline payments easier for African businesses and enabling more global companies to enter the fast-growing region The African internet economy is expanding quickly, with online commerce in the region growing 21% year-over-year, 75% faster than the global average. In order to help increase Africa’s online GDP, Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it...

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phos and Stanchion Collaborate to Connect Merchants in Africa to the Contactless Digital Payment Ecosystem via their Existing Android Mobile Devices

Partnership is a game-changer in enabling contactless acceptance for smaller merchants across the continent phos, the fintech behind the first-ever software-only Point of Sale (SoftPOS), and Stanchion Payment Solutions, a global specialist in payments systems and integration, today announced that they have partnered to help payments processing companies and banks to accelerate time to market with innovative contactless payments...

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Zapper: Driving Innovation in Parking Payments

Zapper has completed its integration with three of the largest parking management systems. The move allows users to quickly scan and pay for their parking at a growing network of venues; reducing queues and possible contamination at payment stations. The Zapper solution also enables businesses to gain valuable customer insights so as to help them attract and retain customers – an invaluable offering as malls and other venues struggle...