Stables and Access Bank South Africa are partnering to explore a faster, cheaper way for African businesses to pay and get paid across Asia, settled in USDt. The partnership connects Access Bank’s customers to Stables’ payments network in Asia and MENA, targeting one of the slowest and most expensive corridors in global trade. It is
Tyme Group today announced that GoTyme Bank has been named Best Digital Bank for Consumers at the Euromoney Awards for Excellence 2026 across both its South Africa and the Philippines operations—making it the leading digital bank in all the markets in which it operates. The award follows another year of exceptional growth for Tyme Group,
eZi Remit, a South African-based remittance fintech, has announced a strategic collaboration with Mastercard to enhance the speed, security, and accessibility of cross-border payments for eligible transactions. Powered by Mastercard Move, Mastercard’s portfolio of global money movement capabilities, eZi Remit’s solution is designed to enable South Africans to send money internationally with improved speed, transparency,
Original article published by Financial Mail here: Author Tim Cohen The South African Reserve Bank (SARB) is considering making participation in the PayShap instant payment system mandatory for banks as part of its broader effort to accelerate digital payments and reduce the country’s reliance on cash. While PayShap has been available for more than three
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
