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Discover all the payments and fintech-related news and analysis about South Africa in The Paypers News, Reports, along with other South Africa-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about South Africa in The Paypers News, Reports, along with other

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South Africa adds new crypto clause to its advertising code

News | Cryptocurrencies | 26 Jan 2023

The Advertising Regulatory Board in South Africa has added a new cryptocurrency-related clause to the country’s advertising code.

cryptocurrency, regulation, compliance, digital assets

Momint partners with Shufti Pro for KYC and AML solutions

News | Digital Identity, Security & Online Fraud | 03 May 2023

Blockchain tech company Momint has partnered with AI-powered ID verification solution provider Shufti Pro to better its Know Your Customer (KYC) and anti-money laundering (AML) processes.

partnership, identity verification, digital identity, digital onboarding, KYC, AML, fintech, blockchain, web3, cybersecurity, regulation, compliance, transaction fraud, fraud prevention, AI, artificial intelligence

Peach Payments and Capitec launch Open Banking solution

News | Online Payments | 03 Mar 2023

Peach Payments has partnered with Capitec to launch Capitec Pay, an Open Banking payment method that allows online shoppers to make secure payments directly from their Capitec Bank account.

Open Banking, Open Finance, partnership, mobile banking

Clickatell, Telkom enable WhatsApp payments in South Africa

News | Mobile Payments | 10 Mar 2023

US-based chat commerce company Clickatell has partnered with South Africa-based integrated communication company Telkom to enable mobile messaging payments via WhatsApp.

partnership, payments , mobile payments, WhatsApp, ecommerce, digital payments, mobile money, MasterCard, Visa, Chat 2 Pay, fintech, financial services, digitalisation, customer experience, chat commerce

TymeBank raises USD 77.8 million in a pre-Series C round

News | Online & Mobile Banking | 24 May 2023

South Africa-based TymeBank has raised USD 77.8 million in a pre-Series C funding round led by Norrsken22 and Blue Earth Capital.

funding, fintech, online banking, digital banking, cloud services

Centbee partners nChain to improve Blockchain payment technology

News | Cryptocurrencies | 31 May 2023

South Africa-based Centbee has partnered with blockchain technology company nChain to improve blockchain payment offerings.

blockchain, partnership, digital payments, digital wallet, cryptocurrency

Standard Bank partners with HUAWEI Mobile Services

News | Online & Mobile Banking | 19 Jul 2023

South Africa-based Standard Bank has partnered with HUAWEI Mobile Services to provide digital banking solutions to the former’s clients.

partnership, digital banking, banks, expansion, fintech

ThetaRay partners with Clicksendnow

News | Digital Identity, Security & Online Fraud | 26 Jul 2023

South Africa-based remittance platform Clicksendnow has partnered with AI-powered transaction monitoring tech provider ThetaRay to minimise exposure to financial crime.

partnership, financial crime, compliance, AML, regulation, paytech, regtech, fintech, payments , SaaS

PayU integrates new payment methods in South Africa

News | Online Payments | 27 Jun 2023

Netherlands-based payment service provider PayU has added two new payment methods, Mastercard Click to Pay and Capitec Pay, to increase conversion for South African merchants.

account-to-account payment, merchants, online payments, tokenization, fraud prevention

Wallet Factory offers digital wallet engine to IMS Ventures

News | Online Payments | 17 Jul 2023

Wallet Factory has partnered with IMS Ventures to offer its digital wallet engine and API-based tools for businesses in South African emerging markets.

partnership, product launch, online payments, mobile payments, digital payments, payments , digital wallet

Nedbank and Synthesis to enable contactless payments on smartphones

News | Mobile Payments | 25 Aug 2023

South Africa-based bank, Nedbank, has integrated with Synthesis, an AWS Advanced Consulting Partner, to develop a software-based point-of-sale system.

SoftPOS, retail, mobile payments, NFC, partnership

TymeBank integrates PayShap

News | Payments General | 31 Aug 2023

South Africa-based TymeBank has integrated PayShap, the country’s new payment system that aims to reduce dependency on cash and increase safety.

real-time payments, online payments, payments , Request to Pay, cashless

Peach Payments partners with RCS and accepts its cards as a payment method

News | Payments General | 10 Dec 2024

Online payment platform Peach Payments has announced that it now accepts RCS cards as a payment method through its partnership with RCS. 

partnership, product launch, payments , ecommerce

SARB to release national payments system for fintech companies

News | Payments General | 13 Dec 2024

The South African Reserve Bank (SARB) has announced its intention to include non-banks as participants in the region’s national clearing and settlements system. 

fintech, financial services, financial inclusion, banks, regulation

South Africa's Scan to Pay app expands with crypto payments partnership

News | Cryptocurrencies | 29 Sep 2023

Scan to Pay, in partnership with Xion Global, has announced the expansion of its payment options within the Scan to Pay app to include cryptocurrency payments for South Africans.

crypto, digital payments, partnership, financial inclusion, fintech

Stitch raises USD 25 million in Series A extension

News | Online & Mobile Banking | 04 Oct 2023

South Africa-based payments and data API fintech Stitch has raised USD 25 million in Series A extension funding round, in order to accelerate its development process.

funding, investment, mobile banking, online banking, digital payments, financial services, financial institutions

Bank Zero launches commercial banking

News | Online & Mobile Banking | 06 Oct 2023

South Africa-based Bank Zero has announced it offers commercial banking to businesses of any size.

mobile banking, product launch, digital banking, payment processing

Lipa Payments secures Visa and Mastercard SDK certification

News | Payments General | 19 Oct 2023

South Africa-based Lipa Payments has received a full SDK certification for Tap to Phone from Visa and Mastercard, being listed on the SoftPOS certified partners websites.

certification, payments , contactless payments, online payments, digital payments, mobile payments, ecommerce

Xion Global taps G+D to launch a new financial solution

News | Cryptocurrencies | 23 Nov 2023

South Africa-based Xion Global has launched a new financial solution by leveraging technology from Giesecke+Devrient (G+D).

partnership, product launch, web3, financial services

Scan to Pay launches new voucher solution for consumers

News | Mobile Payments | 04 Dec 2023

South Africa-based fintech Scan to Pay has launched a new voucher system, allowing South Africans to buy and share Scan to Pay vouchers directly via the app.

QR payments, fintech, mobile payments, online shopping, product launch