Monday, February 26, 2024
No menu items!

payfast

Black Friday Success Despite Economic Strain

South Africa's headline inflation rate increased by 0.5ppt to 5.9% in October and is underpinned by the rising fuel and food inflation. The core inflation eased to 4.4% from 4.5%, although this was also more than what was expected....

E-commerce Giants Driving Financial Inclusion for the Kasi Economy

It has been discovered that the underbanked in the informal sector in South Africa amounts to more than 19 million individuals. Apart from this, the informal sector generates up to R260 Billion per year. In a panel discussion hosted by...

How to Safely Shop Online without a Bank Card

It has been widely assumed that making online payments is unsafe. While many have hesitations about online transactions, global markets are swiftly transitioning into a fully digital economy and society may inevitably soon be cashless. Financial inclusion is a...

Mukuru and Payfast Connect the Cash Digital Divide for Millions in SA

According to the World Bank, over 19 million adults in South Africa are excluded from digital transactions. This includes people have a bank account, but do not transact online.  In a KLA poll, 44% of respondents expressed concerns about...

Network International Injects R560m into South African Digital Payment Tech

South Africa and major emerging African markets are seeing exponential growth in digital payments and its propelling technology is making significant inroads in promoting financial inclusion. The technology backing e-commerce payment gateways is evidently demonstrating its value in helping...

Network International’s Local Payment Platform Delivers Sterling Results in 6 Months

Six months after Network International announced a R500 million investment in its locally hosted, integrated payment platform, the company confirms it has already achieved significant milestones. These include the successful deployment of its Network One technology stack with two blue-chip...

Payfast Unpacks AI in Payment Processing at Leaderex 2023

Online payment gateway Payfast has set the stage for innovation in the payments industry. As the hosts of this year's dedicated ecommerce section at Leaderex 2023 – South Africa’s largest gathering of business experts, entrepreneurs, and professionals – the...

Leaderex 2023- Igniting South Africa’s Digital Future

Over 500 speakers will be gathering together at the Sandton Convention Centre from 12 - 14 September for the annual Leaderex conference that kick started yesterday at 9:00am. The convention featuring talks from industry experts extensively explores all aspects of...

South Africa’s Payfast Launches New Initiative to Upskill Aspiring Business Owners

South African online payment gateway firm PayFast has launched a 12-week development programme with Heavy Chef's entrepreneur education non-profit - the Heavy Chef Foundation. The new initiative is designed to empower aspiring business owners with the skills needed to...

What Did SA Shoppers Splurge the Most On This Black Friday?

Following a record-breaking Black Friday weekend in 2020, this year’s total online transaction volumes increased by a further 34% – as well as a 30% increase in total purchase values overall – highlighting a long-term shift in consumer behaviour...
- Advertisement -spot_img

Latest News

How is technology revolutionizing payment reconciliation for retailers?

As retailers expand into mid-market and beyond, the manual reconciliation of payments becomes increasingly complex and costly. With hundreds...
- Advertisement -spot_img