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Written by Administrator
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Tuesday, 22 June 2010 10:30 |
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How to keep your cash-flow flowing
Cash-flow has always been an issue for many businesses. More so since the recent global recession which intensified pressure on debtors, leaving many unable to meet their financial commitments.
As a result, many credit-providing enterprises find it challenging to manage their accounts payable and debtor’s ledgers. A surge in bad debt expenses leads to poor cash flow, and often erodes profits completely.
How does a business owner maintain his business’s cash-flow in these dire conditions?
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Last Updated on Friday, 30 July 2010 08:35 |
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PAYM8 Celebrates 6th year of M-Commerce Enablement
PAYM8 a South African M-Commerce enabler celebrates their 6th anniversary of technology enablement for Botswana’s largest mobile network operator – Mascom Wireless. The service know as Mascom’s VISA 109 Direct Top-Up enables Mascom customers to do an airtime top-up or pay their bills directly from their mobile phone using a Debit or Credit card.
PAYM8’s CEO, Andrew Springate is quoted as saying, “The PAYM8 solution was one of the first Mobile-Commerce solutions in Africa and with over 20 million transactions has been a success story from day one” Mascom’s 109 Direct Top–Up Solution has been powered by the PAYM8 platform since February 2004.
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Groundbreaking SAB Redds Promotion was a revolutionary first in SA
Via the PAYM8 Mobile Platform and using the direct integration into the I.N. Platforms of the networks, PAYM8 was able to offer SAB a unique airtime value add which was used to drive Redds Cider sales.
Although not a core focus, value add provide an invaluable and lucrative alternative revenue source.The solution was an overwhelming success.
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PAYM8 and Mascom Celebrate 5 years of partnership
CONGRATULATIONS! This is quite an accomplishment in the African Telecom Industry.
PAYM8 was the first Mobile Commerce Solution that stepped into Botswana and signed-up with one of the largest Mobile Networks. Mascom the largest cellular operator in Botswana, was the torchbearer in harnessing our innovative M-Commerce solution in line with their national vision.
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