Friday, November 22African Digital Business Magazine

Tag: virtual card

14Oct By Africa BusinessNo Comments
Fintech

Visa Dollar Card is Available to Every African Resident

Residents of African countries face limitations when it comes to using their local currency outside their borders. Foreign payment systems do not accept payments in any currency other than dollars or euros. Additionally, many online stores place restrictions on the use of cards from African countries due to the high rate of fraudulent transactions on the continent. The solution to these problems for any African resident has become virtual cards, which can be issued online and used for payments wherever it’s convenient. The financial service PSTNET issues Visa virtual cards without limits on top-ups, spending, or the number of cards. Ultima: Virtual Card Without Limits PSTNET is known as a provider of virtual cards for online payments. Now it offers a virtual card for shopping called Ul...
Read More
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 ...
Read More