Stitch‘s new report on how South Africans shop in 2026, based on a survey of 3,000 consumers and 27 in-depth qualitative interviews, paints a detailed picture of how South Africans discover, buy and pay for things today, and the findings show that local commerce is changing faster than most businesses realise. Here are the most
This article was originally published on Stanchion Payment Solutions website here. According to a Euromonitor article, Egypt, Vietnam, the Philippines and Indonesia are all emerging markets that will rank among the world’s fastest-growing economies this year. What’s driving them? Demographics, structural reforms, rising consumption and accelerating digital adoption. While the familiar developed economies are navigating
Cross Switch, the payment technology company driving digital transactions across emerging markets, has appointed four senior leaders since the turn of the year. Together, these arrivals deepen the company’s capabilities across technology, operations and regional growth. The appointments span the executive team and two key regional markets. Jacob Yermalitski, a co-founder, has been promoted to
UBX Tanzania Limited has extended its long-standing partnership with ACI Worldwide, marking a significant milestone in a relationship that spans nearly two decades and focuses on strengthening infrastructure resilience, enhancing scalability, and enabling innovation to support Tanzania’s rapidly evolving digital economy. UBX currently powers the core payments infrastructure for 18 banks in Tanzania, supporting a
AfCFTA (The African Continental Free Trade Area) Secretariat and Ecobank Group today announced the signing of a Memorandum of Understanding (MoU) aimed at deepening economic integration across the continent and closing the trade finance gap. The Agreement seeks to expand access to trade and finance opportunities for African businesses, with particular focus on Small and
Yuno, the global financial infrastructure platform, today announced a strategic partnership with Flutterwave Inc, Africa’s leading payment technology company, to streamline payments for businesses expanding into Africa. Through a single API integration, Yuno merchants can now activate Flutterwave’s comprehensive local payment methods, including cards, mobile money, and bank transfers across key African markets instantly, eliminating
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its payment solution, Bybit Pay, to South Africa by integrating with MoneyBadger. This South African crypto payments integration provider enables QR-based transactions and settlement in rand through partnerships with major payment networks, enabling users to make everyday purchases using cryptocurrency across a wide network
In a year defined by trade tensions, global uncertainty, and economic headwinds that tested even the strongest institutions, Al Baraka Bank South Africa emerged with top honours on the international stage. The Bank was named: Best Islamic Bank in South Africa Best Islamic Retail Bank in South Africa in the prestigious IFN Best Banks Poll
Aurionpro Solutions Limited, a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries. This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience,
FNB eBucks and Pick n Pay partnership has delivered on its ambition to make banking as accessible and intuitive as everyday essentials, while turning routine spend into tangible value. Since April last year, more than R600 million in rewards have been unlocked for customers, while banking access has been extended through 31 in-store kiosks and
