South Africa has a thriving digital payments ecosystem, with merchants (66%) and customers (59%) showing a strong preference for card payments, laying a strong foundation for continued expansion.

Visa has unveiled a tool called Deep Authorisation, described as a new frontier in securing transactions.

With over 76% of South Africans actively participating in loyalty programmes and mobile-first solutions becoming the norm, digital wallets and integrated loyalty platforms have never been more relevant.

The South African informal market, a cornerstone of the economy, has been undergoing a profound transformation driven by the rapid rise of digitised payments.

South Africa’s ecommerce market is on fire, and there’s no sign of it cooling down.

The general movement of retail and payments has always been towards convenience.

Physical retail is as important as ever, which means that in-person payments continue to play a pivotal role in South Africa’s retail landscape.

No doubt crypto will continue to shake up the traditional financial system in innovative ways in 2025.

Increased intra-African trade, spurred on by the African Continental Free Trade Area, as well as the rapid evolution of technology has already reshaped cross-border trade across the African continent in the past year.

South Africa's ecommerce landscape is experiencing rapid growth, with digital wallets like Apple Pay and Google Pay reshaping how consumers interact with online retailers.