BankservAfrica has increased the upper payment limit for PayShap transactions from R3 000 to R50 000.
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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.
MTN has expanded MoMo’s remittance network by adding 25 new wallet corridors across 10 African countries.
BankServAfrica’s aim is to reduce the cost of sending money across SADC borders by taking advantage of economies of scale.
The adoption of rapid payments in South Africa, via PayShap, is far lower than in countries such as India and Brazil.
Interbank payments provider BankservAfrica has appointed Stephen Linnell as its new CEO, replacing Jan Pilbauer