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
Yuno, the global financial infrastructure platform, today announced a strategic partnership with Flutterwave Inc, Africa’s leading payment technology company, to streamline payments for businesses expanding into Africa. Through a single API integration, Yuno merchants can now activate Flutterwave’s comprehensive local payment methods, including cards, mobile money, and bank transfers across key African markets instantly, eliminating
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its payment solution, Bybit Pay, to South Africa by integrating with MoneyBadger. This South African crypto payments integration provider enables QR-based transactions and settlement in rand through partnerships with major payment networks, enabling users to make everyday purchases using cryptocurrency across a wide network
In a year defined by trade tensions, global uncertainty, and economic headwinds that tested even the strongest institutions, Al Baraka Bank South Africa emerged with top honours on the international stage. The Bank was named: Best Islamic Bank in South Africa Best Islamic Retail Bank in South Africa in the prestigious IFN Best Banks Poll
FNB eBucks and Pick n Pay partnership has delivered on its ambition to make banking as accessible and intuitive as everyday essentials, while turning routine spend into tangible value. Since April last year, more than R600 million in rewards have been unlocked for customers, while banking access has been extended through 31 in-store kiosks and
Stitch Express, the payments solution built for South African e-commerce merchants, today officially announced the launch of Buy Now Pay Later (BNPL) as a checkout payment option in its plug-in for merchants on platforms like Shopify and WooCommerce, as well as via its self-serve API. Already live with several hundred merchants across South Africa –
Wise Platform, Wise’s global payments infrastructure for banks and enterprises, today announces a partnership with Capitec, South Africa’s largest bank by customer base, to power its international payments offering. Serving over 25 million customers – more than half of South Africa’s adult population – Capitec has transformed banking in South Africa through a focus on
