Friday, November 22African Digital Business Magazine

Tag: uKheshe

Everything you need to know about QR code payments
30Jun By Africa BusinessNo Comments
Fintech, South Africa News

Everything you need to know about QR code payments

by Paul Selibas, Division President at Ukheshe  If there’s one thing almost no one leaves home without, it’s their mobile phone. How many times have you forgotten your keys or worse still, your wallet, and been left stranded at the shops? Now you don’t need your purse or your wallet, or even a bank card to go to the store. All you need is your cell phone. The world of payments has come a long way since cheque books. From manual credit card imprinters to early credit and debit card terminals, we now have contactless, safe and secure payments via a scanning process between the customer’s mobile device or smartphone and a QR code at the vendor’s point of sale. Scan to Pay powered by Ukheshe is the largest QR ecosystem in South Africa and as such is tried and tested by millions of merchants...
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14Mar By Africa BusinessNo Comments
Fintech

Ukheshe takes a fresh, dynamic approach to its African growth

The adage ‘jack of all trades, master of none’ is apt for enterprises considering expansion into new African markets. Anthony Karingi, Vice President of Business Development - East Africa at leading fintech enablement partner Ukheshe, says the company is taking a collaborative approach to its regional expansion strategy – and is already reaping the benefits. “As Ukheshe expanded into five core East African markets - Kenya, Tanzania, Uganda, Rwanda, and DRC, together with other countries like Zambia and Zimbabwe – we made sure to establish partnerships and leverage local knowledge. We recognised that we cannot be all things to all people and that it would make more business sense to focus on our strengths while working closely with our partners to leverage theirs.” Karingi joined Ukheshe i...
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22Feb By Africa BusinessNo Comments
Fintech

The biggest fintech trends changing the face of payments in emerging markets

Mark Dankworth, President Business Development Africa at Ukheshe, shares his thoughts on how mobile money, cross-border payments and ‘buy now, pay later’ are transforming the financial sector, particularly in emerging markets, for the better. Last year saw an unprecedented rate of change in the financial sector, with huge growth in the use of digital financial services. A report by CB Insights entitled ‘State of Fintech’ revealed that the third quarter of 2021 was the second highest on record for fintech financing, up by 147 percent year-on-year, and 2022 is looking like more of the same. Fintechs will continue to drive financial inclusion, assisting in the creation of an accessible and sustainable digital economy for all, particularly across developing nations. Africa’s large unbanked...
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9Jun By Africa BusinessNo Comments
Tech

Telkom launches Africa’s first virtual card for transacting on WhatsApp

Ukheshe, Mastercard, Nedbank and Telkom collaborate to grow access to the digital economy with virtual product that enables secure e-commerce payments on phone Telkom has launched Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even those without a bank account – to access the digital economy and transact online. Launched in 2020, Telkom Pay is a digital payments wallet that enables its users to make and receive payments using WhatsApp on their mobile phone. With the addition of the Mastercard virtual (non-plastic) card to the wallet, users can now make payments to local and global online merchants that accept Mastercard, including Uber and Netflix. Telkom ...
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Affordable digital banking to revolutionise price-sensitive East African payments market
21Apr By Africa BusinessNo Comments
Fintech, Kenya News

Affordable digital banking to revolutionise price-sensitive East African payments market

In a region still dominated by cash and mobile money options, like M-Pesa, new collaborations between fintechs are looking to capture the price-sensitive market with innovative, open-loop digital payment solutions in East Africa. According to Mark Dankworth, President International, Ukheshe Technologies, the region is poised for a surge in digital banking growth, with the likes of MCQR and virtual cards likely to make the biggest impact. This follows the Kenyan retail-tech startup, Tanda, leveraging Ukheshe Technologies’ cutting-edge Eclipse API to increase their digital banking offering in Kenya and East Africa to include QR payments, digital wallets and the issuing of physical and virtual cards. The move will empower Tanda agents and merchants throughout East Africa to implement 100,000 ...
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17Mar By Africa BusinessNo Comments
Fintech, South Africa News

Ukheshe Technologies and Infobip collaborate to create SA’s first WhatsApp payment gateway

Leading digital fintech enablement provider, Ukheshe Technologies, together with Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer journey at scale, have developed South Africa’s very first WhatsApp payment gateway for use by Telkom, one of the country’s largest mobile operators. In addition to being South Africa’s first digital wallet platform, the solution is also the first WhatsApp channel to enable payments using QR. The project and collaboration with Infobip forms part of Ukheshe’s objective of expanding its international reach as a solution driven B2B provider of digital-first payment solutions that enable banks, telcos and fintechs to provide banking and payment services to their customer...
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9Mar By Africa BusinessNo Comments
Fintech, South Africa News

South African Fintech enabler, Ukheshe Technologies, confirm global expansion

Leading South African digital fintech enablement provider, Ukheshe Technologies has confirmed it is expanding its operations internationally. Having established itself as a formidable payment technology specialist within the B2B sector, the company has set its sights on the Middle East, Europe and Asia Pacific. The move comes on the back of several successful high-profile projects and partnerships in various African countries including Kenya, Zimbabwe, Zambia, Namibia, Nigeria, Malawi, Botswana, Angola, Tanzania, Rwanda, Burundi, Democratic Republic of Congo, Mozambique, and Ghana. In addition to collaborating with numerous blue-chip banks, telcos and fintechs, Ukheshe has built strong alliances with Mastercard while acquiring two companies and raising just under R100m within a two-year pe...
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