Scan to Pay, powered by Ukheshe, the largest QR payment ecosystem in South Africa, has unveiled a significant expansion of its voucher system. This new phase introduces the ability for South Africans to purchase and share Scan to Pay voucher directly via the app, giving shoppers access to an impressive network of over 600,000 locations. Tracy-Lee […]
Read MoreBy 2028, global virtual card spend will have increased by 355%; from $3.1 trillion in 2023. The key driver will be the adoption of API-based virtual card issuing platforms, a new study by Juniper Research, revealed. Virtual cards use randomly generated and generally temporary card numbers linked to a payment account, which are used to […]
Read MoreNigerian trade finance startup FrontEdge, which helps facilitate cross-border trades for African SMEs, has raised $10 million in debt and equity funding to scale operations across Nigeria, Kenya and other African countries. Founded in 2021 by Moni Alli, Front Edge specialises in providing working capital solutions and software tools for exporters and importers in emerging markets. The […]
Read MoreSpar’s failed SAP enterprise resource planning (ERP) system cost the retail group R1.6 billion. In a trading statement for the year ended 30 September, issued today, Spar says: “The unsuccessful launch of Spar’s new ERP IT system (SAP) at the KwaZulu-Natal (KZN) distribution centre impacted the KZN trading performance severely, causing a loss of group turnover […]
Read MoreJUXTA, a global technology- and micro-convenience retail-company launched in August, has released further details highlighting how the brand’s autonomous Nomad micro-store provides the ideal technological solution to liberate operators from the overwhelming challenges imposed upon the convenience retail industry by the ongoing global labor shortage. Numerous reports have underscored the magnitude of the impact caused […]
Read MoreNigerian Food e-Commerce startup Pricepally, a fresh and packaged platform, has secured $1.3 million in seed funding to help it scale. Launched in 2019 by Luther Lawoyin, Jumai Abalaka, Deepak Bansal and Monsunmola Adefemi, Pricepally sources farm-fresh produce and distributes it via its e-commerce platform. By bridging the gap between producers and consumers, Pricepally ensures […]
Read Moren a digital age, the cellphone is indeed king, with mobile marketing becoming an unstoppable force that significantly shapes our daily interactions, purchases and communication. Oberlo reports that the number of global smartphone users is estimated to be 5.25 billion in 2023, which is 2.6 billion, or 98%, more than the number of smartphone users in 2016. […]
Read MoreOver the past years, social media platforms have become one of the top choices for brands and companies to sell their products and services. Today, 75% of Gen Zers and almost half of Millennials make purchasing decisions influenced by social media ads, while nearly one-third of all social media users head to social platforms to […]
Read MoreAfter lengthy denials, resulting in the worst-kept secret in the tech industry, e-commerce giant Amazon today officially confirmed its plans to launch its online store in South Africa. Amazon.co.za will go live in the country in 2024, says the company in a statement. It further notes that independent sellers in South Africa can register their […]
Read MoreThe Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa AbdulMumin said in Marrakech. AbdulMumin was reacting to a recent media report that raised concerns about Nigeria’s Central Bank Digital Currency (CBDC), eNaira, indicating potential risks […]
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