The third annual Payfast Report: State of Pay 2023 unpacks a very relevant topic: open commerce and financial inclusion.

It doesn’t matter whether a company is a small to medium-sized enterprise or a large corporation, or where it’s based, we are all now operating in a global economy.

Despite consumers facing a tough economic climate in 2023, they still took advantage of online Black Friday sales to purchase essential items and gifts ahead of the festive season.

The notion of cash approaching redundancy and the prospect of people effortlessly tapping their phones and watches for payments would have been unimaginable just a few years ago.

Each new year guarantees innovation in the fintech space, and 2024 will be no exception. Following years of advancement since the pandemic, this year is already poised to bring significant shifts in online selling trends.

South Africa is still finding its stride, currently trailing behind its counterparts.

South Africa’s ecommerce industry has entered a new era - where the only way to continue growing is to open up the digital economy to those who were previously excluded.

The rapidly evolving digital landscape in Africa means that a multifaceted approach to banking, and particularly payments, is crucial.

Payfast, the company, has rebranded to become Network International.

Zapper partners with Reach for a Dream Foundation to support Slipper Day 2024.