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Transaction Capital announces sale of Paycorp to Actis for R937m

Transaction Capital today announced that it has entered into a definitive agreement to sell its wholly-owned subsidiary Paycorp to pan-emerging market private equity firm Actis. Paycorp, owned by Transaction Capital Read More →

Storm Set to Erupt Between SA e-Commerce Players, Banks

A major storm looks set to rock the South African online scene as some of the country’s largest e-commerce players square up against its biggest banking Read More →

South African Development Community Payments System Goes Live

On Sunday 21 July, the SADC (South African Development Community) Integrated Regional Electronic Settlement System (SIRESS) was successfully implemented in a live environment for the four countries of the Common Monetary Read More →

Capitec, FNB and Nedbank Bank Accounts Most Popular with South African Consumers

In recent ThinkMoney research, Capitec, FNB and Nedbank were revealed as the leading consumer bank accounts in South Africa. This was according to nearly 7 000 bank account reviews written Read More →

South Africa’s Banking Rewards Programs: A Comparison

South African banks are now all in full swing with their respective loyalty or rewards programs.  In a highly competitive banking environment, where the large South African banks Read More →

The 2013 South African eCommerce Awards

The South African eCommerce Conference will be held on 11 September 2013 at the Sandton Convention Centre and promises to be an educational and inspiring event focussing on all aspects Read More →

FNB Online Ranked Top for Internet Banking 2nd Time in a Row

FNB's online banking platform has once again walked away with top honours in the 13th edition of the PwC survey on banking in South Africa 2013. This follows on the previous Read More →

South Africans Highly Satisfied with Online Shopping – MasterCard Survey

The latest MasterCard Online Shopping Survey has revealed that a substantial 91% of South Africans who shop online are highly satisfied with their overall experience, a 4% increase from the Read More →

Farmworkers Drive Increase in ATM Activity

Although latest cash withdrawal statistics released by Spark ATM Systems, indicate that the national average cash withdrawal values remained static during the month of May, ATM activity recorded at farming Read More →

Cross-Border Cheques to be Phased Out

Cross-border cheques and bank drafts within the Common Monetary Area (CMA) are being phased out with effect from 22 July 2013 and will no longer be accepted by any banking Read More →

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