Telecoms companies, fintechs and retailers will be able to connect directly to the national payments system.
Browsing: Fintech and payments
The Reserve Bank wants all of South Africa’s ATMs white-labelled, with free transactions below a threshold, starting with a pilot in January.
Standard Bank will buy as much as 4.99% of Nigeria-focused fintech OPay as it files to list in New York.
Customers switch fintechs without hesitation. A credible insurance partner gives them reasons to stay.
Businesses keep asking customers for the same ID. Verifiable credentials could end the repetition, writes Contactable CEO Shaun Strydom.
Bank Zero broke even in August, then took half a million end customers from remittance group Mukuru.
Kredete has acquired Gravv, bringing its stablecoin settlement and global payment rails in-house.
As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship.
Lesaka Southern Africa CEO Lincoln Mali says merchant division growth will return only in the second half of FY2027.
The banks no longer govern the payment system through a body of their own. A second, larger wave of change is already moving.