MasterCard launches MasterPass in SA
South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative MasterCard digital service, MasterPass. MasterPass enables consumers to make convenient, simple, fast and secure digital payments....Multi-currency facilities on Cash Passport
MasterCard’s Multi-currency Cash Passport, a prepaid chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four...PCI compliance combats credit fraud
The latest statistics from the South African Banking Risk Information Centre (Sabric) revealed that South Africa’s banking industry lost R366,8-million in 2013 due to South African-issued credit card fraud – a 22% increase from the previous year. This alarming...Altech Card Solutions now PCI DSS compliant
Altech Card Solutions, part of Altron TMT, has announced that it has yet again received the Visa International and MasterCard stamp of approval with its recertification as a Payment Card Industry Data Security Standard (PCI DSS) approved service provider. According to...Bytes solution to looming FATCA deadline
The US Foreign Account Tax Compliance Act (FATCA) requires non-US financial institutions to identify and report on investments held by them on behalf of US citizens or institutions. The Act is intended to make it harder for US citizens to conceal overseas assets from...