PayShap will only truly work when it reaches critical mass. Three years in, it’s clear it hasn’t done so. Here’s why.
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For years, fintech sold the story of rebels vs incumbents, speed vs bureaucracy and apps vs banks. That era is over.
Standard Bank now has the second-lowest PayShap fees in the country behind TymeBank, where they remain free.
PayShap adoption grows, but inconsistent bank fees and limited access still hinder its inclusion ambitions in South Africa.
PayInc CEO Stephen Linnell tells the TechCentral Show about PayShap progress, South Africa’s digital payments strategy and more.
Citibank’s Emanuela Saccarola says technology “is not the problem” in cross-border payments.
Discovery Bank is betting on artificial intelligence, data and payments technology as it expands its customer base.
PayShap Request allows for instant payments using a push notification to a customer’s banking app.
Banks should review their pricing strategies for PayShap transactions, Standard Bank has said.
BankservAfrica is rebranding as PayInc in a move that signals an intention to reshape South Africa’s digital economy.