Hello All, Now this news doesn’t come as a surprise. MasterCard and Visa have decided that it’s time to remove the need to enter passwords when they roll out 3D Secure 2.0 in the new year. How are they going to do this? Apparently it’ll be through the use of ‘next-gen’ systems based on biometrics and […]
Payment Solutions
Hello All, Agency banking seems to be making an impact in the global market, with Brazil leading the way in this particular banking initiative. A banking agent is a retail or postal outlet contracted by a financial institution or a mobile network operator to process clients’ transactions. Rather than a branch teller, it is the owner or […]
It seems the cashless policy introduced by the CBN is finally paying off. According to records recently released by the CBN, the value of transactions made through Point of Sale (POS) terminals increased by 70,925 per cent from an average of N38 million per month in January 2012 to N27 billion monthly as at September […]
Globasure recently published a case study on the Smart Roaming Sim Solution (gROAM) deployed at Unity Bank. Globasure benefits from roaming agreements with operators located in several countries. Globasure SIM cards cover more than 100 countries and address more than 200 different domestic operators. Therefore with the Globasure SIM card, your GPRS capable payment terminal will be able to […]
Good day all. Globasure’s Smart Roaming Solution (gROAM) has indeed raised the standard in POS terminal network connectivity in Nigeria. The CBN has stated that one of the major challenges facing the adoption of the cash policy nationwide is the issue of POS terminal network connectivity downtime in Nigeria. The gROAM SIM card basically solves […]
Goodnews! Our customers have asked and we have listened. We are releasing our innovative POS payment application, GlosoftPOS on PAX POS terminals in Nigeria. GlosoftPOS enables card transaction acceptance (Mastercard, VISA, Verve, Genesis, Freedom,….) on POS terminals at merchant locations. Its is part of our multichannel payment application suite -Glosofta2Z. GlosoftPOS supports bill payment and other Value Added Services. PAX Technology […]
Value Added Services in the world of e-payments a is further step towards the evolution of POS devices from point of sale to point of services, meaning that the terminal is no longer a simple payment device but also an access point for a multitude of other services i.e. Mobile Airtime, Bill Payments, Funds Transfer. […]
Globasure Technologies, a financial technology company, is releasing its innovative POS application,GlosoftPOS on PAX POS terminals in Nigeria. PAX Technology Ltd is a leading global provider of electronic payment terminals. Considered one of the fastest growing payment solutions providers with world class manufacturing capabilities and a strong partner network in Africa. Globasure is increasing its […]
To improve convenience for our merchants and end users, Globasure has developed a new feature on our ServPoint terminals which enable card payments for airtime recharge, bill payments and e-wallet top-up. The new card functionality permits payment across all bank ATM cards using any kind of payment card brands such as: Visa, MasterCard, Verve, Freedom […]
There has been a very interesting development in the money mobile sector in Zambia. Zambia’s central bank says the country now has 3.4 million mobile money accounts, compared with 2 million bank accounts. FNB head of strategic marketing and communications, Clotilda Mulenga, said her bank is gradually moving from using mobile phones and internet banking […]