Fintech is booming – but regulation, risk, and trust will decide who wins
Rapid growth in South Africa’s fintech sector is giving way to a tougher phase shaped by regulation, competition, and the race for customer trust.
#digitalpayments
Discipline, not distress: South Africans rethink how they spend
From weight-loss drugs reshaping grocery spend to online betting redefining entertainment budgets, South Africans are spending more deliberately – and differently.
Digital payments surge as Black Friday spending rebounds
Data from Discovery Bank and PayInc shows surging online activity, high volumes and cautious but recovering consumer spend this Black Friday.
After FATF delisting, can South Africa catch the PAPSS wave – or miss it?
South Africa has a two-year window to leverage FATF delisting and integrate with PAPSS, unlocking faster, cheaper cross-border payments – or risk missing the opportunity.
Where the money goes: how South Africans are spending – and why cash is dying out
A new report shows that while most spending still goes to food, fuel and travel, the real shift is in how South Africans are paying – with digital tools rapidly replacing cash across all age and income groups.
The risks of tap-and-go cards: how to safeguard your money
The Banking Ombud urges consumers to be proactive in protecting their funds, especially as complaints rise about unauthorised tap-and-go activity with lost or stolen cards.
Black Friday 2024: South African shoppers go digital amid record spending
Consumers defied economic pressures this Black Friday, with banks processing billions in transactions and setting new records. Digital payments took centre stage, highlighting a significant shift in consumer behaviour.
Are South Africans ready for the digital payment revolution?
The South African Reserve Bank’s inaugural Payments Study Report provides extensive insights into how the public perceives and uses various payment methods and instruments.
