Tag archives: E-money

The reality of the virtual debit card in South Africa

By Bridget King and Sascha Graham on May 15, 2015 Posted in Banking

The virtual debit card is fast becoming a reality for many consumers around the world who do not have access to online shopping sites that require payment by a credit card or who are simply afraid to use their credit card details while shopping online. Payment systems are constantly being developed around the world to … Continue reading

What stops mobile money payments in South Africa?

By Bridget King and Sascha Graham on March 31, 2015 Posted in Banking

Mobile payment services are typically the transfer of funds or payments using mobile devices that do not rely on traditional banking or payment services. Customers use an “open-loop” system to spend the value they have deposited into their mobile money account at service providers, transfer it to someone else or withdraw the value as cash … Continue reading