Peach Payments tracked a Black Friday-linked transaction worth R1.09-million as consumers opened their wallets and spent big.
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Binance is bringing crypto payments into the South African mainstream through its payments platform, Binance Pay.
The Reserve Bank’s plan to overhaul the payments ecosystem should help expand participation by fintechs.
Peach Payments has added bitcoin and other cryptocurrency payment options to its merchant services portfolio.
Non-bank players in the payments space have joined forces to drive digital financial inclusion.
Rahul Jain, co-founder and CEO of Peach Payments, tells the TechCentral Show about the company’s latest fundraising round.
The adoption of rapid payments in South Africa, via PayShap, is far lower than in countries such as India and Brazil.
Cape Town-based fintech Peach Payments has secured a $30-million funding round led by Apis Partners.
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.