Tag: #mastercardindaba #limitless
The continual evolvement of technology means companies need to be in what Mastercard’s Gaurang Shah calls exponential innovation in order to cope. Shah spoke to CNBC Africa’s Godfrey Mutizwa at Mastercard Southern Africa Indaba.
While Zambians remain heavily reliant on cash for transactions, the numbers are improving with new products being developed with the support of regulatory authorities. Tola Adebayo, Head of digital banking at UBA Zambia spoke to CNBC Africa on the cashless policy drive in Zambia.
Sixty five per cent of all transactions in South Africa remain cash, better than the continental average of 95 per cent but much higher than the rest of the world. The South African Payments Association (PASA) is working to rectify that. CNBC Africa caught up with John Buitendag, Manager for Strategy and Research for more.
Crypto currencies will be part of the overall solution to reducing cash usage in economies throughout the world though it may take time. That’s the view of Farzam Ehsani, co-Founder and CEO of Valr, a virtual currency exchange.
Futurist John Sanei says the future demands innovative entrepreneurs able to leverage technology to solve society's problems. Sanei was speaking at the 2019 Mastercard Indaba in Durban.
Ukheshe, a payment system developed by four social entrepreneurs, marks another milestone in its short life today with the launch of a partnership with Mastercard. CNBC Africa caught up with Clayton Hayward, one of the founders and asked him about the journey to date.
For the majority of South Africans cash relations king, accounting for over 70 percent of all sales despite its costliness and risks of carrying it. Mike Prentice, Group Marketing Executive at the Spar Group, spoke to CNBC Africa’s Godfrey Mutizwa about efforts being made to raise cashless transactions.
The Mastercard Indaba, hosted at the Zimbali Resort, brings together industry experts to discuss digital payments and the way forward. CNBC Africa's Godfrey Mutizwa spoke with Mark Elliott, Division President of Mastercard Southern Africa.