QR payments now possible in Tanzania

People in Tanzania can now make payments for various goods and services using QR codes. This is the result of a partnership between Mastercard and Tigo which will give Tanzanians the ability to use their Tigo Pesa app to make QR payments with Masterpass QR. The interoperable QR payments solution…

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Mastercard acquired South African FinTech startup Oltio

Mastercard has acquired South African FinTech startup, Oltio. The mobile payments technology company was previously owned by Standard Bank Group. Oltio is known, among others, for its patented payments authentication technology. “We have had a great relationship with Mastercard over the years, and believe that Oltio will thrive as part…

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Mastercard announces partnership with FinTech startup Selcom in Tanzania

Mastercard has entered into a partnership with FinTech startup Selcom. The partnership between the two companies was announced at the recently held Financial Times Payments Innovation Summit. According to the global payments company, the partnership with Selcom will help it expand its QR payments offering in Tanzania. Mastercard believes access…

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