Customers can access a cash advance from R50 up to R500, with the option to settle it over seven, 14, 21 or 28 days.
Entries for the 2022 MTN Business App of the Year event close on 5 September.
The BizFlex digital loan facility provided loans to 10 000 SMEs across SA between July 2019 and June 2022.
By integrating its software with Smollan’s accounting systems and banking partners, FleetDomain has enabled Smollan to contain costs and manage its fleet more effectively.
NSFAS fintech partners to challenge contract cancellations
In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1
Google Wallet will propel digital payments, say FNB, Standard Bank, Nedbank, Absa and Discovery Bank.
Cloud software usually has a set of technologies and policies designed to ensure regulatory compliance.
With iKhokha’s iK Tap on Phone, small business owners can accept payments for their products or services using their Android smartphones.
Huawei Cloud drives African FinTech innovation
Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking
South Africans will be able to add their cards to Google Wallet and pay via Android phones or Wear OS devices.
The draft framework for the regulation of crypto-currencies in South Africa will be published for consultation “very soon”, says the financial services watchdog.
Despite having one of the most advanced banking sectors in the world, South African businesses have not felt the need to adopt purely digital transactions.
The oversubscribed round was led by Imvelo Ventures, with participation from Lebashe, Pallidus, Shaolin and Gary Stroebel.
Local crypto-currency exchanges describe the hardships they faced after being shunned South African big banks.