Winner of Financial App of the Year on Quest to Empower 1 Million Entrepreneurs – iKhokha

iKhokha, a locally developed all-in-one suite of intuitive business tools that empowers small businesses to compete in the digital economy, has won the 2023 MTN Business Finance App of the Year Award. iKhokha now joins the ranks of other South African financial solutions that have previously won this prestigious category, including Naked Insurance, Franc, Shyft

Mastercard Spearheads South Africa’s Digital Payments Evolution With New Local Investments in Technology Infrastructure

Today, Mastercard announced the completion of significant new technological infrastructure that will enable the tech company to process transactions locally and drive the modernization of South Africa’s payments industry. The project is the latest major investment that Mastercard has made in technology and partnerships in South Africa that are set to further improve the country’s

New App Enables South Africans to Withdraw Their Crypto as Cash at ATMs – Paycorp

Global payment company Paycorp has unveiled CryptoExpress, an app designed to simplify the conversion of cryptocurrencies to cash for South Africans. The CryptoExpress app seamlessly integrates with users’ crypto wallets, enabling them to effortlessly withdraw their cryptocurrency as cash at more than 3,000 crypto-enabled Cash Express ATMs across South Africa. Cash Express ATMs are operated

Ukheshe and Komuniti SA Collaborate to Make Digital Banking Services More Accessible

African communities have historically found innovative ways of collaborating and combining individual financial resources for the good of the many. Stokvels and funeral savings are just two examples of community initiatives to which everyone contributes and from which everyone benefits. These and other savings and community wealth creation mechanisms are often entered into without proper

MetaMask and Xion Global: Crafting the Future of 1-Click WEB3 Payments in South Africa

In today’s digital landscape, two prominent players are set to reshape the decentralised payments scene in South Africa: MetaMask and Xion Global. Their collaboration is not just a fusion of strengths; it’s a vision, a roadmap to the future of payments in South Africa. Web3 Payments in South Africa MetaMask (MM), globally recognised as the

Securing the Future of Payments: What Businesses Need to Know About Payment Security – Ecentric Payment Systems

By Bernard van Der Merwe, Information Security Officer at Ecentric Payment Systems The only way to combat the increasing cost of cyberattacks, and the reputational threat that comes with them, is to have solid, internationally accredited, security measures in place as well as going above and beyond these requirements, writes Bernard van Der Merwe, Information

TransUnion Africa and Chenosis Form Strategic Partnership to Further Financial Inclusion in Sub-Saharan Africa

Information and insights company TransUnion Africa has established a strategic partnership with Chenosis, Africa’s API marketplace, that makes it possible for both alternative and traditional credit data to be included in the credit profiles of South African, Rwandan, and Zambian consumers. The solution, available to TransUnion’s CreditVision customers, uses alternative data to give lenders deeper

Direct Transact becomes first comprehensive Visa Ready partner in South Africa

Fintech enablement company Direct Transact has entered into a strategic partnership agreement with Visa, which will open up an array of multi-currency opportunities for banks, fintechs and businesses in the Central Europe, Middle East and Africa (CEMEA) region. Direct Transact (DT) has long been one of the largest Visa processors in the CEMEA region and

Network International’s R500M On-Soil Payment Platform Goes Live, Gets R60M Payment Switch Boost

Dubai-based and FTSE-listed Network International’s state of the art, cloud-based, integrated digital payment suite, Network One, is now onboarding local banks, MNOs and fintechs. In addition to the R500 million investment in the on-soil platform, the company has now announced an additional R60 million investment in a best of breed payment switch (online payment transactions

Pick N Pay Smart Shopper Innovates With New Digital Platform

Pick n Pay, a trailblazer in the loyalty space, celebrates its pioneering spirit as it embarks on a digital transformation journey with the launch of the Pick n Pay Smart Shopper app. This marks the start of a new era of customer engagement and convenience for Smart Shopper as it aims to become South Africa’s