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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Happy Pay, a fintech company offering BNPL services, has declared that it has raised USD 1.8 million in pre-seed funding.
fintech, financial institutions, financial data, banking, data analytics
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
Telecommunication operator MTN South Africa has entered a collaboration with Investec and Electrum to provide PayShap on its MTN Mobile Money (MoMo) platform.
partnership, financial services, financial inclusion, mobile payments, digital payments
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
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
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
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
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
Telecommunications operators Cell C, MTN, and Telkom have welcomed the launch of two universal APIs available in South Arica that combat fraud and digital identity theft.
API, fraud prevention, digital identity, cybercrime, cybersecurity
South-Africa based startup and software company focused on optimising energy transactions, Open Access Energy, has raised ZAR 13.6 million (approximately USD 752,000) in seed funding from investment company Factor E Ventures.
banking, green finance, sustainability , funding, trade finance, banktech, green trading
Mama Money has partnered with Access Bank and Paymentology to launch a new bank card service with the use of WhatsApp banking.
partnership, payments , mobile payments, financial services, financial inclusion
Paycorp, a global payments provider, has acquired Pilot Software, which specialises in software and hardware solutions for the hospitality industry.
payments , ecommerce, acquisition, partnership, financial institutions
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
Mastercard has partnered with pan-African payments provider Onafriq to provide payment solutions to consumers and SMEs in Africa.
partnership, payments , SMEs, cross-border payments
Mastercard has announced that South Africa will be the first market globally to benefit from immediate card payments, enabling acquiring banks to process transactions in real-time.
real-time payments, expansion, banks, transactions , partnership
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
Largest automated payments clearing house in Africa, BankservAfrica, has been appointed by Union Pay International (UPI) as the domestic processor to fast-track affordable and accessible card payments in South Africa.
partnership, digital payments, credit card, debit card, ATM, POS, compliance, regulation, payment processor, payment processing, digitalisation, financial inclusion, interchange fee, payments infrastructure
Ebury, a UK-based global financial technology firm, has announced the acquisition of financial services firm Prime Financial Markets based in South Africa.
acquisition, expansion, banking, financial institutions, cross-border payments
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
Traderoot and Wemvula have announced a partnership to bring PayedNow instant payment solution to the South African market.
payment methods, partnership, real-time payments, online security