Ecommerce Journal is a well-respected online news website about e-commerce and is one of the few websites I visit regularly. They have been predicting doom for Liberty Reserve in recent times and have done the same with one of their recent articles. The thrust of my blog post however is to react to a paragraph [...]

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A news item on Vanguard’s website indicates that Nigerian-issued Etranzact cards can be used on Etranzact-linked ATMs in Ghana and vice-versa: A very big one is the possibility of Nigerian and Ghanaian eTranzact cardholders to withdraw cash from any ATM in Nigeria and Ghana and have their accounts debited accordingly. This service is designed for [...]

The last place I expect to read anything anti-Paypal is CNN Money’s website. 5 PayPal alternatives Sick of PayPal? Check out these e-commerce solutions for business owners. The article then goes on to suggest DigitalRiver, 2Checkout, Alertpay, TrialPay and e-Junkie. Interestingly, I had blogged about some other Paypal alternatives in the past whilst I was [...]

Ecobank Nigeria Limited has launched a Mastercard-backed credit card. The Ecobank Naira Credit Card (ENCC), the card is expected to significantly alter the electronic payment system in the country and improve the lifestyle of the average Nigerian. Daily Sun quotes Ecobank’s Executive Director of Retail Banking, Henry Nelson, as saying: “we are beginning a revolution [...]

Like many of Sir Richard Branson’s enterprises, Virgin Money has been launched in South Africa just one week after the launch of Virgin Mobile. Virgin Money essentially offers permanent South African residents who earn over R2,500 (about USD 360) a Mastercard credit card. Users can use the card to pay at stores in South Africa, [...]