Mobile Payment Magazine

VeriFone Acquires South Africa Payments Provider Destiny Electronic Commerce

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VeriFone Systems, Inc. today announced it has completed the acquisition of Destiny Electronic Commerce (Pty) Ltd. (trading as CSC), a South Africa-based electronic payments solutions provider.

The new VeriFone unit is headquartered in Johannesburg with offices in Cape Town and Durban. CSC’s management team, headed by former CEO Llewellyn Walters, and 160 employees have been integrated into the VeriFone worldwide organization.

VeriFone will build on this organization to expand the company’s presence as a leading provider of secure payment technologies, services and solutions at the point of sale for Sub-Saharan Africa and the Indian Ocean Islands.

 

Source: VeriFone

MXit Signs Agreement with wiWallet to Offer Mobile Payments

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MXit has signed an exclusive agreement with wiWallet, that will soon make it possible for MXit’s 10-million active users to make use mobile payment services.

wiWallet is a subsidiary of UCS Group Limited (“UCS”), a provider of retail software within South Africa, where the Group services 95% of SA’s retailers.

This agreement will enable MXit to bring mobile payment services to its active user base of approximately 10-million strong in South Africa within the 2nd quarter of this year.

via Memeburn.

MXit Enters South Africa Mobile Payment Arena

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Stellenbosch, South Africa’s MXit signed an exclusive agreement for IM providers with wiWallet to bring mobile payment services to all of MXit’s active users.

wiWallet is a subsidiary of UCS Group Limited, the largest provider of retail software within South Africa, where the Group services 95% of South Africa’s top retailers.

This agreement will enable MXit to bring mobile payment services to its active user base of approximately 10-million strong in South Africa within the 2nd quarter of this year.

via MyBroadband News.