24 Jan SOUTH AFRICA AND DIGITAL PAYMENTS - Blockchain Events and Education, Crypto Culture, South African Reserve Bank and CBDCs, Silicon “Cape”, Online Payments (High level 2)

This is the second in an exciting new series of articles that focuses on providing multinational eCommerce companies with comprehensive information on the South African eCommerce and Digital Payments market.  SILICON “CAPE” South Africa has been home to its fair share of amazing global innovations through individuals like Elon Musk and Mark Shuttleworth.  Cape Town is particularly well know for its tech and innovation with a well funded tec...
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23 Jan SOUTH AFRICA AND DIGITAL PAYMENTS - Crypto Exchanges, Digital Payment Systems, Blockchain, Leading Lights (High level 1)

This is the first in an exciting new series of articles that focuses on providing multinational eCommerce companies with comprehensive information on the South African eCommerce and Digital Payments market.  South Africa is a progressive and dynamic market leader when it comes to bitcoin, blockchain, crypto and digital currencies.  Let’s make our first two articles a high level overview of the “state of the nation”. This will give you a ...
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22 Jan SOUTH AFRICA - Comparing eCommerce Stats with Nigeria: Revenues, Users, Verticals, Internet penetration, ARPU, Literacy, Online Payment Methods

This is the sixth in a series of articles that focuses on providing multinational eCommerce companies with comprehensive information on the South African eCommerce and Online Payments market.  South African eCommerce was projected to exceed Nigeria’s eCommerce volumes in 2020 but Nigeria is still in the lead with almost $5bn as opposed to South Africa’s nearly R4bn.  When it comes to user penetration, South Africa leads with 55% as compared ...
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21 Jan SOUTH AFRICA - Demographics, eCommerce Volumes, Appetite for Foreign Online Buying, Internet Penetration, Online Payment Methods, Capital Controls

This is the fourth in a series of articles that focuses on providing multinational eCommerce companies with comprehensive information on the South African eCommerce and Online Payments market.  South Africa’s burgeoning middle class disguises the polarised and one of the highest gini-coefficient populations in the world.  There is also a high rate of unemployment, particularly the less skilled members of the population. When it comes to eCommerce...
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20 Jan SOUTH AFRICA - Stats on eCommerce, Online Payment Methods, Mobile Commerce, Smartphone Penetration and Key Verticals

This is the third in a series of articles that focuses on providing multinational eCommerce companies with comprehensive information on the South African eCommerce and Online Payments market.  Here are some slightly dated stats on payment method preference for online shopping in South Africa, but it will give you the gist of payment market dynamics.  Credit cards 45%, Debit Cards 21%, Bank transfer 20% and PayPal 7%.   Another survey has it at ...
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15 Jan SOUTH AFRICA - A Mature Market With Good Online Payment Capability for MultiNational eCommerce Retailers - 2

This is the second in a series of articles that focuses on providing multinational eCommerce companies with comprehensive information on the South African eCommerce and Online Payments market.  Popular online payment methods in South Africa are predominantly MasterCard and Visa credit and debit cards and then to a lesser extent SID Instant EFT and other mobile and alternative payment methods.   The big retailers have an online presence and here is ...
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14 Jan SOUTH AFRICA - A Sizeable and Attractive Market for eCommerce Expansion - 1

This is the first in a series of focus on South African eCommerce and online payments readiness on the African continent.   South Africa alongside Kenya and Nigeria is one of the three most active fintech hubs in Africa.  The three countries have more advanced fintech ecosystems than the rest of the continent.  Nigeria and South Africa have the largest GDPs in Africa representing almost half the GDP of the entire continent.  The three la...
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13 Jan What Does The Evolution of Communication, Commuting and Banking Tell us About The Future of Online Payments Across Africa?

Our world is changing!  What impact does this have on our world of online payments? Communications - I met up with my NBF Matt in Lisbon the other day and he said “Don’t call me . . I travel a lot . . best place to get me is Twitter - my response time is much better on there”.  And it got me thinking - I’m thinking of having a voicemail that says “Thank you for calling, but I am no longer supporting mobile calls. Please con...
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08 Jan A Status Update on World Affairs, The Internet of Value, and Online Payments

Isn’t life on our planet very interesting at the moment.  Our main area of focus is online payments. We do online payments and acquiring all over the world, our main focus being Africa.  The changing world around has an impact on how people pay and get paid and how online businesses expand around the globe. I’m pleased to see a jump in the bitcoin price this past week, most likely as a result of the global instability and consequent flight of ...
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