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A Legal Dive into South Africa’s Payment Revolution
By Lerato Lamola & Anél De Meyer, Partners at Webber Wentzel Buy Now, Pay Later (BNPL) payment options have strutted onto South Africa’s financial runway with the swagger of innovation—offering interest-free installments, bypassing traditional credit checks, and boasting sleek user…
Binance Scales Its Card Offering to Enhance Everyday Payment Utility
Binance today highlighted the continued scaling of the Binance Card into Africa. The initiative represents a step forward in enabling users to seamlessly integrate digital assets into everyday transactions, reinforcing Binance’s commitment to advancing accessible and practical crypto payment solutions…
Ozow & Lula Partner to Expand Access to Business Funding for SMEs
Ozow has announced a new partnership with SME financial services platform Lula, aimed at expanding access to business funding for small and medium-sized enterprises (SMEs) across South Africa. The partnership introduces a new funding access channel for Ozow’s merchant base,…
The Rise of Mobile-First FinTech Solutions: Betting Apps Driving Digital Payments in Africa
Africa’s digital economy is undergoing a profound transformation powered by smartphones and innovative financial technologies. At the heart of this shift lies the unexpected synergy between mobile-first FinTech solutions and sports betting applications. These platforms are not only entertaining users…
Commercial Bank in East Africa to integrate USDA Payments
Anzens and Credit Bank partner to explore crypto-based stablecoin settlement for banking in East Africa
Tether Launches tether.wallet
Tether, a company in the digital asset ecosystem and issuer of USD₮, announced the launch of Tether. wallet, a self-custodial digital wallet that brings Tether’s global financial infrastructure directly into the hands of its users. For more than a decade,…
Nedbank & Mastercard in Landmark 10-Year Partnership
Nedbank and Mastercard today announced a landmark 10-year commercial agreement that expands their long-standing collaboration across Southern Africa. Under the agreement, Nedbank will leverage Mastercard’s global technology expertise and payments innovation to accelerate its growth across retail banking, small businesses,…
Duplo and Ozow Announce Strategic Partnership
Duplo has partnered with Ozow, South Africa’s premier payment gateway, to transform how businesses in South Africa manage their end-to-end financial operations. While thousands of South African businesses, including market leaders like Takealot, Mr D Food, and Superbalist, that rely on…
How to Set Up Payment Links to Receive Customer Payments Quickly
Getting paid quickly is one of the biggest challenges for many businesses. You confirm an order, deliver a service, or send an invoice, and then you wait. Sometimes customers delay, ask for different payment options, or simply forget. Over time,…
Verto Expands Business Accounts to Enable Seamless Payments from the US to Africa
Verto has today announced a new solution under Verto Business Accounts that enables US-registered businesses to open a USD account in their own business name to move money seamlessly between the United States and Africa. US-registered businesses with operations in…
Cross Switch Goes Live with Absa Pay for South African Merchants
Cross Switch has gone live with Absa Pay, enabling merchants on its platform to offer customers a secure, bank‑authenticated payment option for online checkout. When customers select Absa Pay at checkout, they are routed to a secure Absa environment to…
FNB Launches 4 Smart ID-enabled Branches in South Africa
FNB finally announces the launch of its Department of Home Affairs (DHA) Smart ID Card application services at 4 newly enabled FNB branches. This launch aligns with the DHA’s new digital partnership model, which allows South Africans to apply for…
Paymentology and Bank Zero Partner to Expand Access to South Africa’s Financial Ecosystem
Paymentology announced a new partnership with Bank Zero to accelerate access to modern digital banking in South Africa. Bank Zero, a branchless, app-driven bank built from the ground up with cutting-edge digital thinking, brings deep local market expertise and a…
FNB launches market-first home loan solution
FNB has launched a market-first home loan solution designed to help young South Africans enter the property market earlier by easing the financial pressures associated with the early years of homeownership. The solution allows qualifying graduates and young professionals under…
Kaspersky shares 3 top tips in the financial sector
The financial industry is rapidly advancing into a new digital era—more dynamic, intelligent, and interconnected than ever before. However, it brings not only rapid operational processes, highly personalized customer experiences, and limitless scalability, but also opens a door for cyber…
5 Trends Rewriting the Rules in the Financial Sector
According to the Kaspersky IT Security Economics 2024 report, banking, financial services and insurance (BFSI) organisations spend an average of $1.2 million a year on cybersecurity. The financial industry is rapidly advancing into a new digital era, more dynamic, intelligent, and…
