The big-four banks anticipate a significant uptick in Black Friday digital transactions, as the easing of lockdown improves the country’s GDP rate.
E-commerce revenue grew 52% to $4.6 billion, versus a strong performance for the same period last year, outpacing revenue growth at Tencent last year.
Developing more innovative payment methods in isolation is not enough, says Johan Gellatly, MD of Altron FinTech.
Arch Retail Systems, a supplier of integrated retail management solutions in Southern Africa, offers a loyalty solution, integrated with Arch Retail (in-store solution).
The SA Post Office promises its mobile-driven service will launch soon, as it outlines its plans to provide modern postal facilities.
Mastercard and PayFast partner to host a free virtual masterclass for SA SMEs, with entrepreneur Vusi Thembekwayo among the headline speakers.
First National Bank adds several functions to its smart nav» tools, including making it possible for consumers to buy and sell vehicles to their peers.
A dearth of research and high data costs are among future hindrances to SA’s booming e-commerce sector, says the Ecommerce Forum of South Africa.
Pandemic-induced changes in consumer habits will continue, with online purchases and contactless payments maintaining momentum, says PayFast.
The Swiss-based luxury group seeks to establish a neutral online marketplace platform, with no controlling shareholders.
Retailers must take an active role to protect consumers and maintain their reputation so the e-commerce space continues to grow, says Altron Systems Integration.