Articles about Digital payments

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.

MTN digitises payments for underserved with MoMo Pay

The digital payment solution aims to unlock financial opportunities for informal merchants, while bridging the financial inclusion gap.

KasiD looks to go international as business grows

The local food delivery service aims to be in more than 60% of SA’s 532 townships this year, reveals CEO Freddy Mahhumane.

Ten legacy stumbling blocks of payments transformation

Many game-changing trends in payments are being held back by outdated, inflexible legacy systems, says Darren Turnbull, CEO of MoData.