Online Payment Failures
In tracking the effects of SCA (Strong Customer Authentication) for online purchases, one needs to ask if there are alternative options for merchants to avoid the high abandon rate? [...]
Can financial products designed in the 17th Century satisfy the needs of today’s underserved market?
I read this statement and then went back to re-read it. I would challenge every person involved in financial services to read this article - https://www.forbes.com/sites/davidbirch/2021/09/11/unbank-the-banked/?sh=20cb447e783a Well done David [...]
Tap On Phone for eCommerce
I recently came across the following facts: One - Credit card holders will dispute $30 billion in charges from 300 million transactions this year, a figure that will climb [...]
Two critical questions in the new world of payments
While the advent of contactless payments is revolutionising the way in which we approach merchant transactions, we contemplate the not so obvious barriers to entry that many SMEs and [...]
WIZZIT Digital empowers EMEA partner Areeba with innovative SoftPOS + PIN Solution.
WIZZIT Digital, a global leader in Tap on Phone (SoftPOS) with PIN technology, today announces a new partnership with Areeba, the leading e-payment provider in the Middle East. [...]
To PIN or not to PIN
A massive debate rages on the topic of PIN. In reality, it is the one standard that is universally accepted by every bank on the planet – with some [...]
Digital Payments Replace Cash
Over the past 18 months there have been dramatic changes within the payment ecosystem that are here to stay. Whilst new technologies such as AI, Crypto, and Blockchain continue [...]
SA in retail payment crisis
We are aware that in the present crisis in South Africa the following has suddenly happened; Many POS machines have been destroyed and most of these are manufactured [...]
$189 billion opportunity!
June was a particularly busy month for us all in addition to the honour of speaking at four virtual global conferences. In preparing for the various key notes, I [...]
World First – WIZZIT’s PIN Push Solution for SoftPos
SoftPOS technology is currently a hot topic among many Acquirers and Merchant Service Providers across the globe with some providers already undertaking pilots. SoftPOS, sometimes referred to as Tap [...]
UL Collaboration with WIZZIT Digital reinvents Retail Payments in Sub-Saharan Africa
UL, the global safety science leader, has announced the completion of a pilot project with WIZZIT Digital to launch Tap2Pay SoftPOS solution with personal identification number (PIN) entry support. [...]
What is SoftPOS & what are WIZZIT’s unique Tap2Pay (SoftPOS) Use Cases
SoftPOS technology is currently a hot topic among many Acquirers and Merchant Service Providers around the globe with some providers already in pilots. SoftPOS, sometimes [...]
Understanding the Security with WIZZIT’s SoftPOS
Many would wonder how the mobile phone has the right security to manage and accept card payments. There are various levels of certification that [...]
SoftPOS will enhance merchant onboarding with speed and convenience
The key to growth metrics of payment companies is getting as many merchants boarded as quickly and seamlessly as possible. Independent sales organizations (ISOs) and payment facilitators are focused [...]
Why SoftPOS is a cost-effective solution for small businesses
SoftPOS refers to a software only-application solution enabling individuals to accept contactless payments from their mobile smartphone. This means that there is no need for any additional hardware. SoftPOS [...]