The Visa Ready programme was introduced in February 2013 and was designed to provide innovators with an easy way to collaborate with Visa and quickly introduce Visa-compliant devices, software and solutions that can be used to initiate or accept Visa payments.
“This is a huge honour to receive the Visa Ready approval for our combined mPOS hardware and mobile software,” says iVeri CEO Barry Coetzee. “Providing our customers with the highest standards is an on-going commitment.”
As well as being Payment Card Industry Data Security Standard compliant, iVeri’s mPos services are EMV-approved and meet industry standards and best practices for mPOS devices according to MasterCard, another major card network.
iVeri currently has customers in a number of African countries such as: South Africa, Namibia, Lesotho, Swaziland, Zimbabwe, Tanzania, Angola, Kenya, Rwanda and Ethiopia.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.