Articles about Digital payments

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.

Capitec’s AI blocks R200m in scam payments

AI-enabled fraud prevention tools, which protect clients from paying to high-risk account numbers, stopped over 23 000 scam payments.

Breaking barriers: Women at Intellergy deliver enterprise-grade cloud governance

Intellergy’s women-led technical team deployed AWS Control Tower at a fast-growing digital payments provider.

Visa makes SA gateway for its first Africa data centre

The global payments company launches its first local data centre, which is part of a R1 billion investment, as Africa remains its growth engine.

Why firewalls are now a non-negotiable for retailers

Firewalls have become an essential infrastructure, not just for large chains but for retailers of all sizes.