Float, the card-linked instalment platform founded in South Africa, has expanded into the United Kingdom. The launch has been supported by the UK Government’s Global Entrepreneur Programme, which brings high-growth international businesses into the UK market. The South African fintech lets shoppers split any purchase into up to 24 interest- and fee-free monthly instalments, using
Mastercard announced the launch of its Africa Cybersecurity Center of Excellence, a pan-African initiative designed to strengthen cyber resilience, enhance collaboration and help safeguard the trust that underpins Africa’s expanding digital economy. The announcement was made during a visit to South Africa and Nigeria by Mastercard CEO, Michael Miebach, reflecting Mastercard’s long-term commitment to supporting
Hotels now have access to a seamless, end-to-end payment experience that follows the guest from booking through to checkout. Already live across the Red Carnation Hotel Collection’s South African portfolio – including the Oyster Box, Bushman’s Kloof Reserve & Wellness Retreat and The Twelve Apostles Hotel & Spa – it marks a significant step forward
ACI Worldwide, an original innovator in global payments technology, today announced that Kwik Payments, a South Africa-based payments service provider (PSP), has successfully gone live on the ACI Payments Orchestration Platform, to power the next phase of digital commerce growth across South Africa and the wider African market The partnership represents a pivotal milestone in ACI’s expansion across Africa,
Compass Plus Technologies For merchant acquirers across Africa, fraud prevention has long focused on minimising chargebacks, reducing scheme exposure, and protecting merchants from losses. But there is another threat hiding inside many fraud strategies: false positives. Legitimate transactions wrongly declined as fraud are not just a customer experience issue – they are a major revenue
By Deon Tomp, CEO, Omnea In the late 1990s, South Africa stood at the edge of a financial infrastructure transformation. The country’s payment system – the invisible machinery responsible for moving money between banks, businesses, institutions, and consumers – was undergoing modernization. Real-time settlement systems were emerging globally. Financial markets were becoming increasingly interconnected. Electronic
Payfast by Network and Network International‘s Managing Director of Merchant Services for Africa, Mpho Sadiki South Africa is reaching a tipping point in digital payments. Digital wallets are becoming a more common way for consumers to pay, both online and in-store. The conversation around payments in South Africa has shifted. The question is no longer
Absa Group, today, announced the appointment of Leon Barnard as the new Chief Executive: Business Banking across all our Pan Africa businesses, underscoring the critical role of Business Banking in driving sustainable growth, deepening customer relationships, and enabling economic participation across the continent. Business Banking remains a core engine of growth for the Group, supporting
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
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
