South African banks will implement a big electronic funds transfer (EFT) payment change next ... have been processed through South Africa’s domestic retail payment system. However, treating ...

has issued a new directive restricting all electronic funds transfer (EFT) credit payment instructions in South Africa, in a bid to protect the National Payment System (NPS) and consumers from ...

UK-based fintech firm Fincra has received a payment provider licence from South ... (EFT), real-time clearing (RTC), and rapid payments. It is set to enhance the company’s foothold in Southern ...

Africa fintech giant and leading Next Gen financial services platform, Mukuru, has stepped up to support customers amidst the South African ... effective and efficient payment service across ...

South Africa faces the challenge of having a significant ... and must ensure that they can accept cash and card payments. EFT payment and debit order functionality are the next steps.” ...

In recent years, South Africa’s payment ... PayShap or instant EFT, carry increased risk. The fundamental question customers now ask is, “How secure are these payment methods?” ...

Eight of the largest non-bank players in South Africa’s payment space have banded together to form the Association for South African Payment Providers (Asapp) to accelerate adoption and reduce ...

South Africa's payment landscape has long been considered advanced, but in recent years, other emerging economies have surpassed the country in modernizing their payment systems. Thivian Moodley ...