International Trends in EFT Integration 

Keeping up to date on the latest trends and developments in the world of EFT transactions is a critical component of the specialist services we offer.

The Case for Cardless Transfers

The Nigerian banking industry has a long, vibrant and innovative history. However, despite its large population, a large section of the population does not have access to banking.

Bank customers who wish to send money to friends and family are faced with several problems, ranging from complete loss or theft of transferred funds, to exorbitant fees. There is thus need to provide safe, cheap and easy access to transferred funds whilst minimising the risk to payer, payee and the facilitating institution.

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Integration::South African Bank and China UnionPay

The client needed to enhance its existing Postilion based EFT network to acquire CUP transactions and switch them directly to CUP. Acceptance at all POS and ATM devices had to be possible. POS merchants had to be able to selectively accept CUP cards (dependent upon their merchant agreements with the client).

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