RMB - eriinfo

Ozow, FNB and RMB plug into API payments

eriinfo.com4 days ago05 mins

Ozow said the API-based approach removes the need for customers to share banking credentials or complete manual EFT processes. South African fintech company Ozow has partnered with First National Bank (FNB) and Rand Merchant Bank (RMB) to launch a payment API designed to improve account-to-account payments by replacing traditional electronic fund transfer (EFT) processes with direct…

Visa, FNB and RMB take aim at corporate cash

eriinfo.com1 month ago05 mins

Visa’s Lineshree Moodley South Africa’s consumers have spent the past few years ditching cash for taps, virtual cards and even payment rings. The country’s businesses, by and large, have not. That is the gap Visa is now targeting, announcing the local launch of Visa Commercial Pay in partnership with First National Bank and Rand Merchant…