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Capitec Bank Poised to Expand its Payments Business Through ACI Worldwide’s Retail Payments Solution

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has announced an extension of its long-standing relationship with Capitec Bank, South Africa’s second largest retail bank. Read More →

Youth Prefer to Bank Smart with Digital Channels

Statista.com, the global statistical data portal estimates that the number of smartphone users in South Africa will reach 22 million in 2019. This is in line with FNB’s data which Read More →

Shoprite Lesotho Cross-Border Remittance Product Achieves R1 Billion Mark

The Shoprite cross-border money remittance product reached the R1 billion mark in January, after just three years of it being implemented between SA and Lesotho. The cost of a transfer Read More →

Payment24 Underpins Revolutionary New BP FleetMove Offer

BP and Masana Petroleum Solutions are set to revolutionise commercial fuel payment and management for their customers, with the launch of a new solution BP FleetMove built on the advanced Read More →

Sasfin’s Equity Stake in Fintech Lender Payabill Set to Enhance SME Growth

In another major step forward in supporting growth in SMEs, Sasfin has announced that it has acquired a strategic stake in fast-growing fintech lender Payabill. Payabill, a 100% digital lending business, Read More →

Enkryptis Leads the Way with New Key Injection Facility and Certification

Enkryptis, a specialist payment security provider in South Africa, has announced it has achieved the Payment Card Industry Point to Point Encryption (P2PE) and PCI PIN security certifications for their Read More →

SARB Invites Public to Workshop on the Review of the National Payment System Act

National Treasury and the South African Reserve Bank (SARB) invite the public and media to a workshop on the review of the National Payment System Act 78 of 1998 (NPS Read More →

Double Digit Growth in SWIFT Message Volumes as gpi Uptake Soars

  • Industry cooperative records 11% message growth in 2018
  • Annual SWIFT volumes reach record-breaking 7.8 billion
  • Average daily message volumes break 30 million barrier
  • Read More →

FNB is the First Bank to Launch Consumer and Merchant QR Code Payments on its Banking App

Capability is powered by Masterpass, Mastercard’s digital payment service

FNB, South Africa’s best digital bank, is expanding its digital payments ecosystem by enabling consumers and sole proprietor businesses to Read More →

Entersekt Gains Early Certification for E-Commerce Authentication Solution

3-D Secure 2 access control server comes bundled with APIs for a wide range of in-app payment experiences

Entersekt, an innovator in mobile-first fintech solutions, announced that it has Read More →

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