Tag: prepaid
FNB eWallet gets a boost
Yet more positve news about the prepaid market in South Africa; this time regarding eWallets. First National Bank’s eWallet has seen a 133% jump in growth for the month of December 2011, processing over R140 million in money transfer transactions as compared to R60 million in December 2010. “Every festive season since its launch, eWallet…
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Banks chase R29bn prepaid-card market in SA
I’m off to Cape Town next week to meet some of the key players behind the growth of Prepaid in the region. In South Africa we haven’t got to the point yet where local celebrities are clamouring to get their names branded on prepaid cards, but it is a market that is showing so much…
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OFT orders banks to be clear on holiday money charges
The Office of Fair Trading (OFT) told the banking industry to make charges for overseas transactions more easily understood by improving credit card summary box information and by revamping websites so that customers will be able to see, at a glance, all the fees that apply. There is an alternative…get a prepaid foreign currency MasterCard…
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Disincentive schemes
Avios, not to be confused with the Association of Visually Impaired Office Staff, is the new name for AirMiles. This new name has come about following the merger of BA and Iberia. So the story here is that millions of air passengers face being charged hundreds of pounds in taxes and fees after a change…
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News – Ukash
People who buy expensive items on their credit cards could find they are putting themselves at increased risk of falling into debt in the future, it has been suggested. Justin Modray, spokesman for Candidmoney.com – an impartial website offering free monetary advice to help individuals better understand their finances – noted paying by plastic can…
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Success of Isle of Wight trial will see cashless festivals take off next year
With the festival season in full swing both organisers and festival goers are suffering the usual headache of managing cash with the average queue at the ATM reported as over an hour. However Intelligent Venue Solutions (IVS), who have over 30 years experience in large live event management have proven that it could very soon…
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