Address data in parts of Africa is usually incomplete, poorly maintained and in a variety of formats, says Charl Fouche, COO of AfriGIS.
The retailer extends its crypto payment pilot to a further 29 stores, with the intention to roll it out to all stores in the coming months.
The fintech sector made up 61% of the $2.7 billion start-up funding channelled towards African start-ups in 2021, says Mastercard.
The company’s mobile-first strategy sees Game double its website sales, while Makro’s shopping app triples its liquor sales.
The retailer is among a group of companies, led by Buffet Investments and KLT, which invested in an undisclosed round in Omnisient.
The app allows any merchant to offer customers contactless card payment acceptance via any compatible NFC-enabled Android mobile device.
Group online retail turnover contracted 6.9%, as consumers returned to stores during Q2 2023, says the retailer.
The local fintech firms join forces to enable online merchants across SA to accept instant EFT payments.
The Shoprite SA app won the 2022 MTN Business App of the Year Award and R1 million cash.
The digital banking space sees a slight reprieve, with fraud reports declining by 18% from 2020 to 2021.
The retail giant reports a solid half-year financial performance, marked by a massive surge in online sales.