Articles about Digital payments

Agentic commerce rises but trust remains key

Consumers embrace AI-assisted shopping, but the buck stops when the agent is expected to finalise a commercial transaction.

MTN prepares next-gen MoMo super app

MTN Group Fintech partners Ant International to enhance MoMo with advanced payments, security and commerce capabilities.

Digital wallet use soars as Temu, Shein reshape retail

Nearly half of surveyed local online shoppers now use Temu, Shein and similar low-cost international retail platforms.

PayShap moves beyond peer-to-peer payments

The instant payments platform expands into merchant transactions, e-commerce and broader everyday digital commerce.

Cash-strapped shoppers turn to AI to tighten spending

AI is becoming central to how South Africans shop, reinforcing a shift toward strategic spending, says SpendTrend26.

Modern digital identity is win for government, people and banks

When implemented effectively, modern digital identity creates aligned benefits across society, providing easier access to services.

Cross Switch, Absa expand secure checkout with Absa Pay

Merchants on Cross Switch can now offer Absa Pay, improving security for online customers during checkout.

FNB rejigs eWallet with WhatsApp integration

The bank updates its eWallet platform by integrating it with WhatsApp, to target South Africa’s informal economy.

ITWeb TV: Altron FinTech looks to unlock SA’s kasi economy

The company pushes to enable greater financial inclusion, improve transaction transparency and reduce the risks associated with handling cash.

ITWeb TV: Cash dominates payments despite digital rise

SA’s “two-speed” payments system sees digital transactions expand in the formal sector, as cash continues to dominate informal commerce.

Digital payments unlock opportunities for SA merchants

Almost 70% of surveyed SMEs report revenue increases after adopting digital payments, according to a Payfast report.

SARB takes 50% PayInc stake to drive digital payments

The central bank completes the acquisition of a 50% stake in PayInc, formerly known as BankservAfrica.