Instant payments are key to growing the regional economy, but the use of the US dollar adds unnecessary costs.
Browsing: PayShap
The Reserve Bank is working to drive financial inclusion by digitising cash and making instant payments across borders an everyday reality.
BankservAfrica’s latest update to real-time payments platform PayShap is designed to drive uptake of the service.
Investec is launching a payments system for its corporate clients to process high-volume, low-value payments.
BankservAfrica has increased the upper payment limit for PayShap transactions from R3 000 to R50 000.
FNB now facilitates real-time cross border payments in South Africa, Namibia, Lesotho and Eswatini.
Debit cards already handle the lion’s share of transactional value, despite cash being used in higher volumes.
The Jio Bharat V2 is a $12 4G handset that makes smartphone features available at 2G phone prices.
MTN’s Bradwin Roper unpacks MTN’s fintech strategy, including its integration with PayShap, in this episode of TCS.
PayShap is coming to MTN’s Mobile Money platform through a partnership with Investec and Electrum.