The South African Reserve Bank is a big step closer to concluding its acquisition of 50% of BankservAfrica.
Browsing: BankservAfrica
Bank fees, a lack of features and low consumer awareness have slowed uptake of the PayShap rapid payments platform.
Myriad factors have contributed to the “slow” adoption of digital payment rails in South Africa.
Change Logic played a pivotal role in the successful deployment of BankservAfrica’s highly successful PayShap.
BankservAfrica is working to integrate QR code payment support into rapid payments platform PayShap.
Instant payments are key to growing the regional economy, but the use of the US dollar adds unnecessary costs.
In the aftermath of Black Friday, it’s clear there have been big changes in consumer spending patterns.
Investec is launching a payments system for its corporate clients to process high-volume, low-value payments.
FNB now facilitates real-time cross border payments in South Africa, Namibia, Lesotho and Eswatini.
BankservAfrica said on Wednesday that average take-home pay in South Africa reached a record level in September.