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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.
SA’s new rapid payments system looks to iron out challenges, as it targets 500 million financial transactions per annum.
Last year, exciting developments in South Africa’s payments sector were good reason to be cautiously optimistic about 2023 with new products and services
Africa Business Communities
Rapid check collection and reconciliation join ePayPolicy platform