SARB sets 2027 for non-bank payments, but not deposit cover
Rules are due by November and the first non-banks could go live around March, but money held with them will ...
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Tag: fintech
National Payment System Bill: what changes for your money
The Reserve Bank has taken the rulebook back from the banks and is about to publish the Bill.
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Pepkor merges Flash and Shop2Shop in R21.3bn deal
What we know so far Pepkor Holdings has announced a Pepkor Shop2Shop merger that will combine its Flash business with ...
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Revolut launches in South Africa, raising stakes for local banks
South Africa’s banking sector has entered a new phase of competition following the official launch of Revolut in the country, ...
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SARB’s digital currency plans spark national debate
The South African Reserve Bank (SARB) is accelerating efforts to modernise the country’s payments infrastructure, prompting renewed debate over the ...
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