FNB geo payments: all the details
First National Bank has outlined in detail its new geo-payment service Geopay after news of the feature in its smartphone app leaked on Monday. It allows consumers to make payment to anyone nearby them who has a compatible mobile device, even to customers of other banks. Though the initial focus is on person-to-person
FNB’s smart banking call
First National Bank this week lifted the lid on a new payment mechanism that uses the GPS feature in modern smartphones. It won’t result in the much-hyped cashless society, but it could greatly reduce South Africans’ reliance on cash over time. The new payment feature, which is included in an update to
Wasace super cable: more details emerge
The African leg of a new submarine telecommunications system that will serve markets in the North and South Atlantic will be ready for service in the first quarter of 2014. The cable will offer high-speed global connectivity to SA, Angola and Nigeria. That’s the word from the Wasace Cable Company, which is building the
In-flight Wi-Fi launch hits turbulence
Internet service provider WirelessG, airline Mango and mobile operator Vodacom conducted a test flight on Tuesday to showcase the first in-flight Wi-Fi service in SA. Unfortunately, putting 115 people with multiple devices and the desire to test the service to
Pule, Shinn clash in parliament
Communications minister Dina Pule and shadow minister Marian Shinn clashed in parliament on Tuesday over government policies in the information and communications technology (ICT) industry and a recent department of communications colloquium that discussed
8ta struggling in a competitive market
Telkom’s mobile arm, 8ta, hit the ground running in the months after its launch in 2010, offering compelling products and spending a small fortune plastering its brand across billboards and newspapers. But industry insiders say the mobile operator hasn’t managed to capitalise on its early
KT cuts offer price for Telkom stake
Korea’s KT Corp has made a formal offer to purchase 20% of Telkom. However, it’s offering a significantly reduced price for the stake because of a sharp fall in the value of the shares of the JSE-listed telecommunications group since talks began in October last year. KT Corp is offering R25,60/share, down by nearly
FNB launches geo-based mobile payments
First National Bank is launching a new payment service that allows users of its mobile app to make payments to one another without needing to exchange banking details, provided they are near to one another. The service uses the GPS chips built into modern mobile devices, with authentication provided by the
FibreCo to expand north of SA
FibreCo, the fibre-optic telecommunications joint venture between Convergence Partners, Cell C and Dimension Data’s Internet Solutions, is keen to extend its fibre network further into Southern Africa, working with partners to do it. Convergence Partners chairman Andile Ngcaba tells TechCentral
Huawei MediaPad: slick but pricey
The global tablet market is still dominated by Apple’s iPad, but there are two gaps that Huawei, and other manufacturers such as Amazon.com and Samsung, are looking to fill: the sub-10-inch tablet and budget markets. With the MediaPad, Huawei hopes to address
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