Virtual card troubles, Thread carefully

This episode is also available on YouTube - https://youtu.be/HtNJXbIJANk
 

Today on the Techpoint Africa Podcast, we discuss several hot topics sweeping the African tech space this week.
 
The stories:

Payday suspends partnership with Mastercard
South Africa's Information Regulator fines the Department of Justice R5 million  
PoS users in Lagos to pay more in transaction charges
OPay caps free transfers to other banks to three daily



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Timestamps
00:00 - Intro
01:31 - Meta launches Threads
09:34 - Payday suspends Mastercard partnership
17:58 - Payday COO steps down
20:48 - South Africa's Department of Justice fined R5 million
25:25 - Lagosians to pay more for PoS services
34:51 - Opay caps free transfers to other banks
 


Useful links

Meta’s Threads app launches in 100 countries, hitting 10 million users in 7 hours
Payday suspends virtual card partnership with Mastercard, directs users to Visa
Payday Co-founder to step down after 18 months
South Africa's Department of Justice fined R5 million over ransomware attack
PoS users to pay more in Lagos
Nigeria's competition regulator bars PoS operators from increasing transaction fees
OPay caps free bank transfers to 3 per day as economic realities set in
MultiChoice Kenya to increase DStv and GOtv prices again

This episode was produced by Ogheneruemu Oneyibo and Gracious Sede


 
Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.
 

Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk