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Walmart Joins the Paymentus Instant Payment Network™

Paymentus to power Walmart’s enhanced bill pay experience Effective immediately, Walmart and Paymentus have formed a partnership designed to modernize how bills are paid in Walmart stores and in the Walmart app. As part of the collaboration, Walmart has joined the Paymentus Instant Payment Network™, adding another Fortune 100 company …

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UK Businesses Explore Retail & E-Commerce Opportunities in Egypt

British retail and e-commerce companies learn about the Egyptian market, how to overcome market access barriers and how to connect to Egyptian partners The UK Department for International Trade (DIT) and Egyptian British Chamber of Commerce (EBCC) organised their first retail webinar to explore retail and e-commerce opportunities for British …

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Uber Launches its Largest Region-Wide Initiative in Partnership with Mastercard to Provide 120,000 Free Trips to Frontline Workers in the Middle East and Africa

The partnership with Mastercard is setting the benchmark for Uber across the MEA region. Our teams are working 24/7 to assist health and medical care authorities as well as workers supporting our communities in responding to the pandemic. We have partnered with Mastercard, who have committed 120,000 free trips and …

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Bank of Mauritius & Financial Services Commission Conduct Joint Investigation over Alleged Round-tripping Linked to Wirecard AG

Wirecard AG, a German digital payments company, filed for insolvency in Germany on 25 June 2020. Press reports have alleged that, a few years ago, Wirecard AG could have been linked to a probable case of round-tripping involving a Mauritius-registered entity. The Bank of Mauritius (Bank) and the Financial Services …

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SPAR Reports Global Growth of 4.35% and Retail Sales of €37.1 Billion for 2019

The world’s largest food retail voluntary chain, SPAR International, has reported sales of €37.1 billion for the year ending 31 December 2019, representing a 4.35% increase in revenue on a constant currency basis. At the end of the year there were 13,320 SPAR branded stores operating across 48 markets worldwide …

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81 Percent Rise in May Retail eCommerce Sales, ACI Worldwide Research Reveals

Easing of lockdown restrictions reflected in trends across retail categories; DIY and sportswear recover while growth in home office and electronics supplies levels off Global eCommerce sales continued to show strong growth in May, with certain sectors experiencing triple-digit year-on-year growth, according to an analysis by ACI Worldwide of hundreds of millions …

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Braintree Wins LS Retail Awards Highlighting the Company’s Retail Industry Expertise

Braintree, the consulting and integration division of Vox, has been named as LS Retail Diamond and LS One Gold Partner for 2020, highlighting the company’s momentum within the partner network as a result of its performance in sales, service and support for customers using the LS Retail solutions. LS Retail …

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Global eCommerce Retail Sales Up 209 Percent in April, ACI Worldwide Research Reveals

The COVID-19 crisis continued to drive global eCommerce sales in April, with the general retail sector experiencing 209 percent growth compared to the same period last year, according to an analysis by ACI Worldwide of hundreds of millions of eCommerce transactions from global online retailers. Following general retail, the gaming segment saw …

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Famous Brands: COVID-19 – Impact on the Business of Reduced Lockdown Restrictions

Shareholders are referred to the announcements published on SENS on 23 March 2020 and 3 April 2020. In compliance with Government-legislated lockdowns implemented across our trading jurisdictions, namely South Africa (SA), the rest of Africa and the Middle East (AME), and the United Kingdom (UK), the majority of the Group’s …

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Stanchion Payment Solutions Appoints Kevin Blackwell as MD for the Middle East

Stanchion Payment Solutions, a global specialist in payments systems and integration, has appointed Kevin Blackwell as its new managing director for the Middle East. Kevin replaces Steven Kirrage, who was appointed as Stanchion’s global CEO in March this year. Based in Dubai, Kevin will lead Stanchion’s growth in the strategically …

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