Paystack raises $8 million

Paystack, a Nigeria-based FinTech startup that provides payments tools to businesses in Afrika, has concluded its Series A funding round of $8 million. The Series A funding round was led by Stripe with Visa also participating while Tencent and Y Combinator also participated by providing follow-on funding. ![Nigeria Paystack FinTech…

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VISA won't process Bitcoin transactions

VISA's CEO, Alfred Kelly, has said that the global payments company will not process any Bitcoin, or any other cryptocurrency, transactions. Kelly said this in an interview where he explained that the company doesn't consider Bitcoin a payments systems player. Kelly further added that VISA will continue to only process…

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More South Africans are going online this festive season

A report released by payments company, Visa Inc., indicates that more South African consumers are becoming more comfortable with making online purchases through various e-commerce platforms. The report also highlights that online security remains a major factor in the adoption of digital payments and eCommerce. Consumers who were interviewed and…

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