Peach Payments tracked a Black Friday-linked transaction worth R1.09-million as consumers opened their wallets and spent big.
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Younger shoppers’ preference for pay-later credit is set to drive stronger online sales this Black Friday.
Absa has partnered with Ripple to offer institutional-grade digital asset custody to institutional clients in South Africa.
Absa has told TechCentral in an exclusive interview that it is readying the launch of a mobile virtual network operator.
Zero Carbon Charge has firmed up R100-million in new funding as it prepares to roll out off-grid EV charging stations.
Absa is doubling down on its cloud strategy as the bank adopts new technologies like AI.
With one notable exception, IT spend in South Africa’s banking sector has remained relatively stable.
Absa Group’s IT spend for the six months to 30 June reached R8.2-billion as it ramped up spending on security and AI.
Absa will offer cash back to Shoprite Group customers of up to 60% during a two-month launch phase.
Use cases for the blockchain are expanding beyond cryptocurrency as more African countries embrace the technology.