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Absa expands NFC technology trial

08/13/201308/10/2013 Stephen Vagus

NFC technology trial sees expansion in South Africa Absa, one of the largest banking groups in South Africa, has announced the expansion of its NFC technology trial. The trial was initially launched in December of 2011 and involved 500 of the bank’s staff. The trial was meant to examine the benefits of NFC technology and its uses in mobile commerce, specifically where money management is concerned. These funds could be used to purchase products at participating stores throughout South Africa. Absa aims to deploy 4,000 NFC-enabled terminals by third quarter…

Absa partners with Vodacom to advance the spread of mobile commerce

08/22/201108/22/2011 Stephen Vagus

Absa, the largest retail bank of South Africa, have partnered with Vodacom, a pan-African mobile telecommunications company, in order to expand the reach of mobile commerce. Together, both companies will develop the mobile banking and payment services available to South Africans as well as introduce several new services to the market. Officials from both companies hope that the project will provide consumers with increased convenience when making purchases. Their efforts will expand into surrounding African countries that may benefit from increased focus in mobile commerce. The concept of mobile commerce…