SARB seeks to expand digital payments access and reduce transaction costs - EWN
Direct Source Verification:
This story is aggregated from Eyewitness News (ewn.co.za). Full reporting rights and copyright belong to the primary publisher.
The South African Reserve Bank (SARB) is pushing to modernise the country's payments system with a focus on expanding access to digital payments, improving competition and reducing the cost of transactions.
The South African Reserve Bank (SARB) is pushing to modernise the country's payments system with a focus on expanding access to digital payments, improving competition and reducing the cost of transactions.
The central bank said South Africa is lagging behind countries such as Brazil and India in the adoption of fast payments, recording about one transaction per person per month compared to around 15 in those markets.
To hike or hold? SARB faces closely balanced rate decision
Original Source
https://www.ewn.co.za/2026/10/16/sarb-seeks-to-expand-digital-payments-access-and-reduce-transaction-costs
