MTN Mobile Money tags on Visa
BusinessTech.co.za - Nov 13th, 14:17
A new deal between MTN and Visa will enable MTN Mobile Money users to make face-to-face and online transactions wherever Visa is accepted.
MTN customers’ devices will be able to pay using their MTN Mobile Money account in stores with Visa Points Of Sale (POS).
In addition, customers will be able to make online payments at all Visa merchants and withdraw money from their MTN Mobile Money account at any Visa ATM.
“The partnership between MTN and Visa will provide MTN Mobile Money customers with access to the entire Visa network, which includes merchants, online vendors and ATMs, to enable a “mobile” payment experience,” said Pieter Verkade, MTN Group chief commercial officer.
The service will be made available to customers in Ghana first, before the end of the year. The service will then progressively be rolled out across the MTN footprint.
MTN Mobile Money enables users to do national and international money transfers, make utility and other service payments, purchase airtime, access insurance and financial products and make retail payments.
At 30 September 2013, MTN Mobile Money had 13.4 million registered users, and was available in 13 countries.2013 Copyright, BusinessTech. All right reserved
Manufacturing confidence low
15/11/2013 - 08:12
Business confidence in the manufacturing sector was weak in the third quarter of this year, according to a Manufacturing Circle survey.
SA retail sales growth at 0.2%
14/11/2013 - 11:07
Johannesburg - Retail sales grew at a sluggish 0.2% in September compared with the same month last year, after expanding by a revised 3.2% in August, Statistics South Africa said on Wednesday.
ICSC: Consumers starting holiday shopping early, United States
12/11/2013 - 09:38
New York -- Procrastinating is out this year when it comes to holiday shopping, with most consumers (62%) planning to finish their gift buying on or before Dec. 16, according to a survey by the International Council of Shopping Centers.
Truworths slides most in four years
11/11/2013 - 09:16
Johannesburg - Truworths International Ltd., South Africa’s largest listed clothing retailer, fell the most in more than four years as inflation curbed consumer spending and slowed its sales growth.
Strong cash sales and accelerated Africa expansion for TFG
08/11/2013 - 14:03
Retail group TFG (The Foschini Group) has increased total retail sales by 9% to R6.7-billion with sales in the rest of Africa growing 25% in the six months to the end of September 2013. Cash sales in this period grew by 12.7%.