Telecoms companies, fintechs and retailers will be able to connect directly to the national payments system.
Browsing: Arif Ismail
The Reserve Bank wants all of South Africa’s ATMs white-labelled, with free transactions below a threshold, starting with a pilot in January.
As crypto assets such as bitcoin continue to enjoy popularity among speculative investors, the South African Reserve Bank has kick-started the process for “light regulation” of these products.
The Payments Association of South Africa (Pasa) is moving ahead with plans to fine merchants that have failed to comply with 3-D Secure, a new layer of verification for online payments. And it’s got some online retailers hot under the collar. While not everyone’s happy