payment - eriinfo

NIBSS and Transactility Partnership Delivers National Payment Stack

eriinfo.com2 hours ago04 mins

Transactility, Inc. announced that the Nigeria Inter-Bank Settlement System (NIBSS), Nigeria’s central payment infrastructure operator, leveraged Transactility’s jPOS open-source technology for the rollout of the National Payment Stack (NPS), a next-generation ISO-20022 instant payments platform designed and developed by NIBSS for Nigeria’s payments ecosystem. NIBSS designed NPS using a modular architecture that combines NIBSS-developed capabilities…

Africa

Africa: Wave Joins the BCEAC’s PI-SPI Instant Payment Network

eriinfo.com1 week ago06 mins

Wave Côte d’Ivoire has joined the PI-SPI instant payment network, developed by the Central Bank of West African States (BCEAO). The mobile money operator is now listed among the authorized participants as of September 30, 2026, after having been absent from the list on July 31, 2026. This integration marks a significant expansion of the…

Freelancers and China trade are big cross-border payment flows for Africa

eriinfo.com2 weeks ago023 mins

Raj Kamal, founder and CEO of TransFi By Bonface Orucho (Bird Story Agency) Africa is building faster ways to move money across borders. However, faster payment rails are exposing the question whether banks and payment providers have enough of the right currencies, at the right price, to settle those payments. In February, the Pan-African Payment…

Africa

Africa: Binance Is Helping Build the Payment Layer Beneath South Africa’s Smart Cities

eriinfo.com4 weeks ago03 mins

Binance, the world’s leading blockchain ecosystem and cryptocurrency exchange participated in The Gathering: Cities Edition held last week in Cape Town on Friday, 11 September. The event brought together government, technology and business leaders to discuss what South African cities need in order to become smarter and more connected. At the event Binance raised a…

National Payment System Bill: Sarb readies overhaul

eriinfo.com1 month ago08 mins

Reserve Bank governor Lesetja Kganyago speaking at the MTN Group Fintech Summit on Tuesday. Fanie van Rooyen/TechCentral The South African Reserve Bank is preparing to put the country’s fast-growing fintech sector on the same regulatory footing as banks, with governor Lesetja Kganyago using the opening of MTN Group Fintech’s 2026 summit in Johannesburg on Tuesday…

Xsolla Introduces Integrated Backend and Global Payment Solutions for Games, With Founding Partner AccelByte

eriinfo.com2 months ago05 mins

Graphic: Xsolla Xsolla, a global video game commerce company, today introduced integrated backend solutions for game developers through a founding partnership with AccelByte, a fully managed extensible games backend platform, and opened a closed testing program for a combined solution that pairs AccelByte Gaming Services (AGS) with Xsolla’s global payments and monetization tools. Select developers…

The payment ring winning over South Africa’s banks

eriinfo.com2 months ago08 mins

VezoPay, the South African company behind a battery-free tap-to-pay smart ring, has quietly gone live with Investec and Absa, taking its roster of banking partners to four in under a year. A fifth major retail bank is expected to follow before the end of 2026. Neither of the new launches has been announced officially. Investec…

LanDynamix highlights growing scourge of payment fraud in SA

eriinfo.com3 months ago06 mins

LanDynamix Founder and CEO, Peter Clarke. Payment fraud is a critical and growing crisis in South Africa. It is costing billions of rands annually and showing massive spikes in digital banking and mobile app fraud. Criminals are increasingly utilising advanced social engineering, AI deepfakes and bank impersonation scams to manipulate victims into authorising transactions. This…

Lumepay launches institutional-grade cross-border payment solutions for African businesses

eriinfo.com3 months ago07 mins

Cross-border payments underpin the flow of value across the global economy. (Image: Lumepay) Lumepay has officially brought its cross-border payment solutions to market, purpose-built for African SMEs, corporates and financial institutions doing business and transacting globally. It arrives with a clear goal: to deliver end-to-end cross-border payment solutions powered by stable infrastructure, dependable rails and…

Africa

Africa: Over $1.6m and Counting – How Betpawa’s Model Is Improving Athlete Payment in Africa

eriinfo.com3 months ago05 mins

A direct-to-player payment system with $1.67 million paid across eight markets, more than 47,000 instant disbursements, and equal pay for the women’s game by design. betPawa today published a full year of verified payout data from its Locker Room Bonusprogramme, and the numbers describe something few private-sector sports initiatives in Africa have managed to build:…