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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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
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
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
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 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
South Africa-based Centbee has partnered with blockchain technology company nChain to improve blockchain payment offerings.
blockchain, partnership, digital payments, digital wallet, cryptocurrency
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 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
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
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
Mastercard has decided to acquire a minority stake in the fintech arm of South Africa-based MTN, with a value of USD 5 billion.
investment, fintech, payments , digital payments, acquisition
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 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
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
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 Bank Zero has announced it offers commercial banking to businesses of any size.
mobile banking, product launch, digital banking, payment processing
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
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
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