In today’s 4G world, many everyday tasks like turning on lights or starting the ignition, are now done remotely because homes and cars are connected. Fingerprints and faces are replacing passwords. And all of that is done with just a small percentage of the connectivity available. Imagine the possibilities with the

The introduction of 5G will only bring more innovations in retail technology and it will bring a lot benefit to the consumer. While still in its infancy, there is an expected global 5G rollout coming soon which will lead to a more interconnected global economy of merchants and consumers. Faster

5G is poised to power the next generation of internet connectivity and eCommerce. Faster and more reliable than anything that’s come before, 5G networks will enable people to communicate, consume entertainment and shop in the unprecedented speeds. Businesses in the e-commerce and indeed any retailer today should be paying close

What Is Encryption? Encryption is a process that encodes information so that it is unreadable unless decrypted by someone with knowledge of the decryption key. Encryption can be as simple as changing letters around to adding advanced computer algorithms that need a key to be deciphered. The actual encrypted message

Every time you buy something with a debit or credit card, your bank learns a little bit more about you. It already knows your personal details age, address, phone number, employment status, marital status, income, etc. And increasingly, thanks to the decline of cash and rise of card payments, it

This is a rudimentary overview of the two different entities, and what function each of them serve in the course of a transaction: Acquiring Bank The primary purpose of an acquiring bank (also known as a merchant acquirer, or simply as an acquirer) is to facilitate payment card transactions on

All eCommerce transactions contain two one of a kind banks—one representing the cardholder, recognised as the issuing bank, and one representing the merchant, known as the acquiring bank. What roles and responsibilities to these two entities play over the course of a transaction? There are a variety of unique parties

M for mobile and pesa is Swahili for money and it is a mobile phone based money transfer service, payments and micro-financing service. It is launched in 2007 by Vodafone Group plc and Safaricom. They are the largest mobile network operator in Kenya. It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan and South Africa. Meanwhile services in India, Romania, and Albania have been terminated due