The adoption of rapid payments in South Africa, via PayShap, is far lower than in countries such as India and Brazil.
Interbank payments provider BankservAfrica has appointed Stephen Linnell as its new CEO, replacing Jan Pilbauer
TymeBank has become the latest financial services institution to offer instant payments through PayShap.
Capitec and Discovery Bank have become the latest to offer access to PayShap, BankservAfrica’s rapid payments platform.
PayShap, South Africa’s real-time digital payments service, has shown robust uptake since its launch in March.
Cash should no longer be king and a move to digital open banking is imperative, a fintech conference has heard.
Promoted | IT Ecology recently assisted BankservAfrica to conduct autonomous testing of the DebiCheck batch processing system.
PayShap, the rapid payments platform endorsed by the South African Reserve Bank, has been launched, with four banks supporting it from day one.
Big changes are coming to the payments industry in South Africa early next year. BankservAfrica CEO unpacks all the details in this episode of TC|Daily.
South Africa’s economy likely grew more than 2% in the first quarter, beating economists’ forecasts, an index with a strong correlation to GDP shows.