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.
Companies and customers are being forced to explore new ways to do business, and ironically they may discover that these options are better.
South African payment service provider PayFast has been sold to Kenya’s DPO Group in a cash and shares deal. PayFast management, including MD Jonathan Smit, will become shareholders in the Nairobi-based company.
South African online payments provider PayFast is ditching bitcoin as a payment method, saying the cryptocurrency has several “limitations and design flaws that make it an impractical substitute for cash”.
One of South Africa’s biggest online payment gateways, PayFast, has announced that it will now accept crypto currency Bitcoin as a payment method. The integration is being done in partnership with the BitX exchange and allows buyers to purchase
A new start-up, Johannesburg-based Rocmypeer, wants to help consumers advance cash online to each other through a smart “peer to peer” platform that allows people to advance and recoup money from their peers directly. CEO and founder Grant Mashale, a former television producer, says the system also allows small businesses