BankservAfrica selects TCS BaNCS to drive South Africa s Rapid Payments Program bobsguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bobsguide.com Daily Mail and Mail on Sunday newspapers.
BankservAfrica Selects TCS BaNCS™ to Drive South Africa s Rapid Payments Program
Posted On: 2021-02-16 01:27:01 (Time Zone: Arizona, USA)
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that TCS BaNCS™ for Market Infrastructure has been selected by South African Bankers Services Company Proprietary Limited (BankservAfrica) to drive the Rapid Payments Program (RPP), a significant national initiative to introduce a next-generation, easy to use, real-time retail payments system for the growing payments ecosystem in South Africa.
RPP aims to introduce instant payments, usage of proxy resolution for easier addressability, and the ability to initiate payments using a request-to-pay. All these capabilities, along with the expansion of the payments ecosystem to banking and non-banking players, will make it easier for South Africans to make payments instantly. BankservAfrica selected
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that TCS BaNCS™ for Market Infrastructure has been selected by South African Bankers Services Company Proprietary Limited (BankservAfrica) to drive the Rapid Payments Program (RPP), a significant national initiative to introduce a next-generation, easy to.
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