Apple Pay has finally been launched in South Africa. Customers from Nedbank, Absa and Discovery Bank were on Tuesday morning able to load their bank cards into their Apple wallets.
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Promoted | Block Markets Africa is supporting an investigation by the South African Reserve Bank into the impact and benefit of blockchain technology on the future of financial markets and their systems.
Telkom has launched a digital wallet that allows users to pay others and get paid themselves using their mobile phone and WhatsApp.
Although reports have emerged of quieter-than-normal retail stores this Black Friday weekend, it seems many South African consumers turned to online shopping to beat the crowds – and the coronavirus.
The South African Reserve Bank has announced that cheques will not be supported by the country’s national payment system from 1 January.
Promoted | While the move hasn’t caught anyone by surprise, many companies are yet to decide whether to run S/4Hana in the cloud or on-premise, or to ditch SAP and switch to a different platform altogether.
But as digital payments become the norm, society is contemplating whether a cashless future may just be a reality. But is it achievable – or even desirable? By Nedbank’s Chipo Mushwana.
As of 1 January 2021, Nedbank clients will no longer be able to use cheques as a payment option. In an announcement on Tuesday, the bank said this is because few clients make use of the service.
Promoted | Nedbank has made big strides with Nedbank Money App Lite, a smaller, less resource-intensive version of its banking app that’s built as “progressive Web app”. The bank’s digital channels head, Tawana Chatikobo, explains.
Vodacom Group has a new chief financial officer. Raisibe Morathi will take on the role from 1 November, when she will also be appointed to the board as an executive director.