As one of the top ten mining countries in the world, South Africa’s economy relies heavily on this industry as well as those closely related to it, such as construction. Yet this also makes these industries attractive targets for cyber criminals. The mining industry is among the most at-risk industries for fraud and in some
The QR code payment industry has seen a surge in adoption in recent years, with estimates suggesting a global market value of USD$9.98 billion in 2022. QR codes are seeing a marked increase in popularity in South Africa as well, says Pieter Roux, President Payment Strategy at Ukheshe. From the brand evolution of Masterpass to
The ATM Industry Association (ATMIA) Next Gen Consortium proudly announces the release of the Next Gen Standards Guide, marking the successful conclusion of Phase-3 in the reinvention of the ATM industry. This ground-breaking guide empowers Next Gen ATM providers to develop, test, and certify Next Gen software, setting the stage for ongoing innovation in the
Ordinary South Africans don’t need to be told to save more, or that they have a poor saving culture. What they need is opportunities to grow their wealth through investments that are accessible to their income level, says the founder of a local venture builder and business incubator Aions Creative Technology. There’s enough money to
DRUID, an AI-driven conversational leader, has announced its strategic partnership with MoData (Pty) Ltd, an emerging forerunner in AI-powered customer engagement, fintech and data-driven financial applications. This collaboration is poised to blend DRUID’s advanced conversational AI capabilities with MoData’s transformative financial business operational insights, equipping businesses with powerful tools to maximise digital adoption strategies while
By Quintin van der Linde, Senior New Business Developer at Ecentric Payment Systems Africa is projected to have more than half a billion e-commerce users by 2025. In part, this can be attributed to the growing adoption of alternative payment methods in the wake of the pandemic. With 45% of the population in Sub-Saharan Africa
The size of a small, informal, or rural business shouldn’t be an obstacle to them attaining the same growth rate as larger, more formal enterprises. In fact, their smaller scale should be an advantage with fewer bureaucratic hurdles and greater flexibility. But in reality, rural businesses and informal traders are often limited by access to
• Launch of global Click to Pay embedded payments experience solidifies Mastercard’s partnership with PayU, along with their merchants. • PayU, a leading Payment Service Provider in South Africa, is the first to launch this payment method in the country. Mastercard, in partnership with PayU, today announces the launch of Click to Pay in South
by Paul Selibas, Division President at Ukheshe If there’s one thing almost no one leaves home without, it’s their mobile phone. How many times have you forgotten your keys or worse still, your wallet, and been left stranded at the shops? Now you don’t need your purse or your wallet, or even a bank card
South Africa has a wealth of young talent, brimming with creativity, energy, and fresh perspectives. According to recent statistics, approximately 54% of tech professionals fall under the age of 35. This demographic trend underscores the potential for innovation and growth that the country’s young talent possesses. While young talent in the tech sector holds immense
