Rapid Payments Programme News Today

The successful growth and development of business relies heavily on policymakers making decisions that result in a fair and open economic environment, and encourages more foreign direct investment...

The greylisting of South Africa by the FATF has not only called into question the country’s ability in combating financial crimes, but also caused reputational damage and highlighted its failure to regulate flows of money through both traditional financial institutions and alternative financial forms such as cryptocurrencies...

Surcharging is seen as a form of tax for using a certain type of payment instrument or method, and may therefore deter consumers from using a particular payment instrument or method.

The greylisting of South Africa by the Financial Action Task Force (FATF) has not only called into question the country’s ability in combating financial crimes

Promoted | Adumo and PAX Technology have partnered for a number of years to push the boundaries of innovation in the payments sphere.

Promoted | Adumo and PAX Technology have partnered for a number of years to push the boundaries of innovation in the payments sphere.

SA’s new rapid payments system looks to iron out challenges, as it targets 500 million financial transactions per annum.

South Africa in beginning the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to the underbanked segment.

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