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Southern Africa

South African Mint Names New Managing Director

The South African Mint Company (RF) Proprietary Limited (South African Mint), a wholly owned subsidiary of the South African Reserve Bank (SARB), is pleased to Read More →

Ecobank & Alipay Partner to Bring More Inclusive Financial Services to Users

The leading pan-African bank, Ecobank, has signed a cross-border remittance agreement with Alipay, the world’s leading payment and lifestyle platform, that aims to bring more inclusive financial services by providing Read More →

South African Retail Spending Grew 3.8 Percent This Festive Season

Mastercard SpendingPulse reports that South African consumer spending showed a healthy improvement over the festive season, with retail sales volumes rising 3.8 percent year-on-year after removing the effects of inflation. Read More →

The Future of Payments in SA and Africa will be Based on Pragmatism

As we enter the next decade, local and African merchants should support payment methods that suit their customers, rather than following global trends just for the sake of it. Read More →

Retail Success in the Experience Economy

By Ian Steyn, Product Executive at Innervation Pan African Payment Solutions Want to succeed in the retail game? Then focus less on the products you sell and more on the experiences Read More →

Tribunal Approves RCS Credit Lender’s Acquisition of Edcon Book Debt

The Tribunal has approved two large merger transactions through which RCS Cards (Pty) Ltd – an unsecured credit lending provider – will acquire a portion of Edcon Limited’s book debt Read More →

South African Fintech in 2020 – What Can We Expect?

By Dominique Collett, a senior investment executive at Rand Merchant Investment Holdings and the head of AlphaCode Fintech is rapidly transforming the very essence of global financial services. Here at AlphaCode, Read More →

FNB Expands its QR Code Payments Channels

Following a positive response to FNB’s integrated App-based QR code payments solution from merchants and consumers, the Bank is expanding its ecosystem by adding even more QR code payment channels Read More →

UnionPay Cards Now Accepted at all Makro Stores across South Africa

UnionPay International in partnership with Standard Bank and the food, liquor and general merchandise retailer, Makro, have jointly announced that all 22 Makro stores will be accepting UnionPay cards at Read More →

Financial Inclusion Firmly on Africa’s Agenda

A year since launching, uKheshe, South Africa’s cheapest and most convenient QR cash card and micro transaction platform, has left an indelible imprint on South Africa’s unbanked and underbanked. The Read More →

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