Browsing: South African Reserve Bank

PayShap adoption grows, but inconsistent bank fees and limited access still hinder its inclusion ambitions in South Africa.

The South African Reserve Bank has flagged cryptocurrencies as a possible risk to domestic fiscal stability.

Citibank’s Emanuela Saccarola says technology “is not the problem” in cross-border payments.

A new report by Standard Bank CIB shows that fintechs are taking the fight to traditional banks in sub-Saharan Africa.

South Africa’s economic growth rate accelerated in the second quarter of 2025, reaching its fastest in two years.

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.

The Reserve Bank is keeping a watchful eye on developments in stablecoin legislation in the US and elsewhere.

The Reserve Bank’s plan to overhaul the payments ecosystem should help expand participation by fintechs.

Myriad factors have contributed to the “slow” adoption of digital payment rails in South Africa.