For South Africa’s merchants and lenders, the most important question at the end of each month is a simple one: can customers actually pay? Behind every card swipe, debit order and instalment sits a household balance sheet under strain – and for the businesses that depend on those transactions clearing, reading the resilience of those…
Will customers be able to pay? (Image: Altron FinTech) For most of South Africa’s merchants, the question that matters at the end of each month is deceptively simple: will customers be able to pay? Behind every swipe, debit order and instalment lies a household balance sheet under pressure – and for the businesses that depend…
Only 23% of South African consumers would trust an AI agent to complete a purchase on their behalf, according to new research from Visa, even as the payments company prepares technology that would let software shop, compare prices and pay with no human involved. The finding, released at a media roundtable in Sandton on Tuesday,…
Nonhlanhla Mdletshe, executive for cash for product at Absa Business Banking South Africa’s banking sector is likely to undergo significant change as the industry moves towards faster payments, shared infrastructure and greater interoperability, according to Nonhlanhla Mdletshe, executive for cash product at Absa Business Banking. Speaking to ITWeb, Mdletshe said the shift towards real-time payments…
Eventhive, Africa’s leading B2B2C event servicing company with a strong portfolio across key sectors and six major cities, is excited to announce the second edition of Payments Live as part of Africa Tech Series. The event is scheduled to take place on Friday, 26 June 2026, at Investec, Sandton, Johannesburg. Payments Live is the premier…
Willie Engelbrecht, director of solutions architecture at Interfile. Many organisations across Africa are focusing heavily on payment processing technologies, but the real challenge lies in what happens after a payment is made, according to Willie Engelbrecht, director of solutions architecture at Interfile. Engelbrecht argues that while the African payments industry has spent the past decade…
Yoco and Stub bring payments and accounting together for South African merchants. Payments and software firm Yoco has integrated online accounting platform Stub into its commerce ecosystem. Officially launched in 2015, Yoco builds tools that enable SMEs to accept card payments and has over 200 000 South African merchant customers. In a statement, the company…
From left, Carl Wazen (Yoco chief business officer), Thalentha Ngobeni (Dyner CEO), Christopher du Plessis (Dyner CTO) and Lungisa Matshoba (Yoco chief product and technology officer) Payments company Yoco has acquired Dyner.ai, a local start-up that builds AI-driven operations software for restaurants and other small businesses, for an undisclosed sum. The deal appears to be…
QR payments and request-to-pay services are expected to accelerate PayShap’s expansion into daily retail transactions. South African instant payments platform PayShap is shifting its focus beyond peer-to-peer transfers, as it pushes to expand adoption across merchant payments, e-commerce and everyday transactions. According to a statement, the next phase of growth for the real-time payments platform…
Johannesburg — Mastercard and Yellow Card have announced a partnership to expand stablecoin-based payment solutions across Eastern Europe, the Middle East and Africa, including Kenya. The two firms said they will explore the use of stablecoins in cross-border money transfers, business-to-business payments, digital loyalty programmes and treasury management. The partnership will initially focus on markets…
