Apis Partners looks to invest €29 million in the digital payment service provider that enables online payments in Africa.
The e-commerce giant says it created around 20 000 direct jobs and over 13 000 indirect employment opportunities, and contributes billions to SA’s GDP annually.
Qnet looks to create income-generation opportunities via e-commerce for aspiring South African entrepreneurs.
Pricing complexities and the lack of a person-to-business offering may hinder wide-scale adoption of the banking sector’s PayShap, warn experts.
Visa and Discovery Bank’s SpendTrend23 study shows SA is leading contactless payments adoption on the continent.
SA’s biggest e-tailer records 3 000% growth in sales of generators, inverters and UPS devices since 2020.
The bank delivers strong results for the 12 months to 31 December, as headline earnings increased 20% to R14 billion.
The bank signs partnerships with the local fintech firms to offer an online payment service using a mobile or ID number.
Men dominate SA’s online shopping space due to frequent electronic goods purchases, says World Wide Worx.
Beyond the hype, artificial intelligence is profoundly changing the way consumers buy and retailers sell − to their mutual benefit.
A significant number of surveyed local consumers favour the use of self-service checkouts and ‘scan-and-go’, says PwC.