E-commerce reaches tipping point, but physical remains strong
SA’s e-commerce sales more than doubled between 2018 and 2020, marking the true beginning of the e-tail revolution in SA, says World Wide Worx.
South African consumers’ appetite for digital payments takes off
Mastercard says 95% of surveyed SA consumers are considering emerging payments, such as digital currencies, biometrics, contactless or QR code, in the next year.
Nedbank partners Mastercard, Ukheshe for WhatsApp payments
The companies launch Money Message, a payment platform that lets small and micro businesses receive in-chat payments from customers via WhatsApp.
Mastercard, Uber drive digital payment acceptance
The companies extend their long-standing partnership to boost digital payments and advance financial inclusion across the Middle East and Africa.
QR payments become the norm in SA, PayFast finds
The online payment gateway records a 412% growth in quick response code payments, as more consumers shop online.
Mastercard kicks off skills push in Alex
The payments tech company picks Rose-Act Saturday School in Alex to roll out its first digital South African Girls4Tech Connect programme STEM curriculum.
Digital commerce is ‘goldmine’ for local women entrepreneurs
Despite the obvious challenges, a Mastercard Index points to opportunities for women in the COVID-19 era, particularly in the digital economy.
MTN, Mastercard boost e-commerce payments across Africa
Through a strategic partnership, MTN customers with a Mastercard virtual payment solution linked to their MoMo wallets can make payments to global merchants.
Mastercard is latest big-name to endorse crypto-currencies
The company prepares for the future of crypto payments, announcing that this year it will start supporting select crypto-currencies on its network.
Mastercard study predicts massive fintech disruption in Africa
The Mastercard Economics Institute says the opportunity for fintech disruption is high in Africa, with digitisation enabling financial inclusion in emerging markets.
SA’s e-commerce boom fuels demand for skills
The country's booming e-commerce sector is leading to high demand for online retail skills, say industry pundits.