Payfast Rebrand Brings PayGate and SiD Under One Roof

South Africa’s leading payment gateway provider Payfast has undergone a major rebrand. Having joined forces with PayGate and SiD under Network International, the company has created a new home for its consolidated offering. With a renewed focus on enabling growth – for the brand, its merchants, and the broader ecommerce industry – this milestone represents

Yellow Pay: The Newest Payment Feature from Yellow Card, Now Available Across Africa

The new product uses Yellow Card’s crypto exchange platform to complete customer transactions in USDT  Yellow Card Financial (www.YellowCard.io) is excited to announce that their revolutionary new payment feature Yellow Pay (https://bit.ly/3QuL1gc), is officially available across Africa. With Yellow Pay, customers can send and receive money through the Yellow Card crypto exchange platform, without any

Consumers Will Choose Cash to Make Billions of Rand in Festive Season Payments

Cash remains one of South African consumers’ favourite ways to pay because it’s convenient, easy, and offers low transaction costs for customers and retailers alike. That means that every small and medium sized retailer should be preparing itself to manage an influx of cash over the festive season as consumers splash out on treats and

Hello Pay Offers Armed Response Option in Powerhouse of Solutions for SMEs and Informal Entrepreneurs

Local fintech company, Hello Pay has included a state-of-the-art armed response option in its turn-key suite of business solutions, providing peace of mind to spaza shops, kasi traders, informal entrepreneurs, and SMEs across South Africa. Adding to Hello Pay’s award-winning touch enabled android payment solution, the company’s recently launched Business Solution offers merchants access to loans,

Absa Appoints Group Executives in People Function; Information & Technology; and, Brand, Marketing & Corporate Affairs Roles

Absa Group Ltd. today announced the appointment of three Group executives, with effect 1 January 2023, signalling further progress in its ambition to create a winning, talented and diverse team. “The appointments build on the positive momentum that was achieved through Executive Committee changes and operating model refinement earlier this year,” said Absa Group Chief

Mastercard and PayFast Continue to Support Small and Medium Sized Enterprises (SMEs) Through Priceless Possibilities

Mastercard’s partnership with payment gateway, PayFast, increases Priceless possibilities by supporting SMEs within the PayFast ecosystem Consumers who pay using their Mastercard card, Masterpass or any other Masterpass-enabled banking app at any PayFast online checkout point stand a chance to win R10000  For the second consecutive year, Mastercard and PayFast have partnered to support SMEs,

SA Payments Industry Shows Cautious Signs of Good Growth in 2023

The South African payments industry can expect steady, if cautious growth over the next year. However, like the general economy, much of the growth shareholders are looking for will depend on a stable macro environment and good access to skills, says global Payments-as-a-Service specialist, Network International. The Boston Consulting Group anticipates global payment revenues to

PayU Shares Black Friday and Cyber Monday Insights

Big ticket items and new payment methods deliver surprising data Black Friday and Cyber Monday came and went with a positive bang and a bag full of surprises, despite the concerns of pressure exerted by inflation and loadshedding. Chairperson of the ECommerce Forum of South Africa (EFSA) and PayU CEO, Karen Nadasen, shared, “Following trends from

Digital Payments: A Crucial Step in the Financial Inclusion Endgame

By: Andy Jury, Group CEO of Mukuru In years gone by, pages such as these have been awash with articles and opinions about fintechs and their potential to drive financial inclusion and improve the lives of millions of unbanked and underserved communities. While these opinions have been crucial in raising awareness, the discussion should now

SA Banking Sector Chooses Enterprise-Grade ID Verification

Digital banking has exploded and people have become far more comfortable with the idea of doing their banking from anywhere, and at any time. According to a 2021 McKinsey report on digital banking, nearly nine in ten consumers across emerging and developed markets are actively using digital banking. Most of them are engaging with banking