BankservAfrica has increased the upper payment limit for PayShap transactions from R3 000 to R50 000. BankservAfrica, the ...

PayShap, the rapid payments platform endorsed by the South African Reserve Bank, has been launched, with four banks supporting it from day one.

First National Bank (FNB) today announced updates on its eWallet platform, saying it is integrating it with WhatsApp to target South Africa’s informal economy. eWallet is a mobile money transfer ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The new payment request functionality is the latest enhancement to the ...

Because a transfer to another bank tends to only reflect the next business day, these types of immediate payments are common ...