Cross Switch, Absa expand secure checkout with Absa Pay

Cross Switch, Absa expand secure checkout with Absa Pay

Absa Pay gives fintech firms and e-commerce platforms a safe, authenticated way to engage with the bank, says Absa. Cross Switch has collaborated with Absa to enable online merchants on its platform to offer their customers Absa Pay, a secure, bank-authenticated payment option. According to a statement, unlike traditional online payments, Absa Pay does not…

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Africa: Kenya Yet to Pay Afcon Ksh 3.9bn Hosting Fee, Given Strict Timeline or Risk Losing Rights

Africa: Kenya Yet to Pay Afcon Ksh 3.9bn Hosting Fee, Given Strict Timeline or Risk Losing Rights

Nairobi — Kenya’s hosting of the 2027 Africa Cup of Nations (AFCON) is in jeopardy after Sports Principal Secretary Elijah Mwangi revealed that the country is yet to pay Ksh 3.9 billion (USD 30 million) hosting fees to the Confederation of African Football (CAF). Appearing before the National Assembly Departmental Committee on Sports and Culture…

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Pick n Pay integrates clothing onto asap! app

Pick n Pay integrates clothing onto asap! app

Pick n Pay has expanded its super app with nationwide clothing launch on asap! Pick n Pay Clothing is now available nationwide via the retail group’s asap! delivery app, it announced today. The move integrates groceries, clothing, the Smart Shopper loyalty programme and value-added services onto the digital interface. According to a statement, orders are…

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JSE-listed Araxi to acquire Pay@ in R1bn deal

JSE-listed Araxi to acquire Pay@ in R1bn deal

Araxi CEO Bradley Sacks. JSE-listed payment solutions provider Araxi will acquire B2B payment solutions company Pay@ in a R1 billion deal, to be settled in cash. The consideration comprises R200 million from the Araxi Group’s existing cash reserves and R800 million in senior debt already committed. Forty percent of the shares of Pay@ are currently owned…

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