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

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

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

Payfast by Network is pleased to announce the release of our fourth annual State of Pay 2024 report, available for free download.

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.

In 2025, South Africa finds itself at the crossroads of a digital revolution. Rapid advancements in technology and shifting consumer expectations are creating opportunities to reshape the nation’s economic future.

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.

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.