Over half of FNB’s card payments are now contactless
FNB adds that less than one percent of transactions on Credit Cards and Fusion accounts are now completed with a swipe.
FNB adds that less than one percent of transactions on Credit Cards and Fusion accounts are now completed with a swipe.
South Africans spent more on Black Friday 2021 compared to Black Friday 2020.
“We have seen contactless payment spend grow by 272% year-on-year,” says head of card and payments at Standard Bank South Africa, Nelisa Zulu.
In a survey of 4 386 small business owners, Yoco found contactless payment methods grew by between 300 and 500 percent.
Forget dealing with couriers, pudo offers contactless delivery that’s also rather cheap.
FNB becomes the first bank in South Africa to accept UnionPay contactless payments at its SpeedPoint Terminals.
Uber Cash has rolled out in South Africa, offering users a platform to load funds and pay digitally.
The platform say the changes are in a bid to help support local businesses during the coronavirus outbreak.
As many as 60 million contactless transactions were processed by FNB between June 2018 and June 2019.
FNB tap-and-go from your phone first for South Africa.
Masterpass has been acquired by Ukheshe and it has decided to rebrand the solution to Scan To Pay.
Visa and Discovery Bank commissioned a report looking at consumer spending in SA post-pandemic, with loadshedding having an impact.