@MichaelJordaan Free is the way to go, Michael! I agree. But once in a while your customers will have to pay other customers at other banks. Outside of closed-loop system achieving free is difficult. R1 per real-time transaction is pretty aggressive for today’s pricing.
In just a few hours, we’ll launch the Fintech Demo Day where our finalists will showcase their solutions to our judges. Two finalists will also get an amazing opportunity to travel to Singapore where they’ll showcase their solutions on an international platform #HackceleratorSA
There's been a lot of hype around #Facebook's proposed Libra. Will it be the proverbial game changer for financial inclusion in #Africa? Read more in BankservAfrica's CEO Chris Hamilton's @ChrisBSVAfrica's blog here: https://t.co/O6iOZItYtg #payments
Your week in payments: #CapitecBankSA’s plans for digital innovation and #AI; #Mazars_SA’s Mobile Payment Index focuses on opportunities for #telcos and #MercatorAdvisoryGroup explores the future of payment hubs. See more here: https://t.co/sr4cjHqf2D
@InstaPayToday @BankservAfrica @Alipay@Banxico@HSBC@Sibos I really think "real-time" capability of the operators/MIs is a yesterday's problem - real-time end-to-end is the challenge (banks, corporates). In Africa, in addition, we have to focus on reach, simplicity & new channels to rural areas, and extremely low cost to use and to serve
I agree with @gatesfoundation on the need to bring digital and financial inclusion together. The referenced "trinity" - bank account or other store of value, digital ID/biometrics and Mobile - is certainly required. @BankservAfrica is on the right path! https://t.co/M8afNS5yfu
If you’re at #Sibos visit us at stand b120 at the #TheAfricanPavilion. We'll share more on some of the projects that we are driving across the continent for true payments transformation #futurepayments
It's almost time to meet payments and industry experts from across the globe at #Sibos in #London from Monday, 23 September #payments#future payments. Read more here: https://t.co/vimcUPKXJE
We're two weeks away from #Sibos in #London! We are ready to share more on South African #payments and the future in #Africa with Chris Hamilton @ChrisBSVAfrica, Martin Grunewald @mgrunewald16 and Jan Pilbauer @jpilbauer.
Thailand foresees that electronic #payments there will replace 75% of cash in five years. What can South Africa learn from this? Read the Payments Study Tour Report 2019 for further insights here: https://t.co/Ah7DtzLGB3 #paymentoption#ReimagineBanking