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PayInc steps up push to move South Africa to digital payments | SA News

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DUDUZILE RAMELA: You would have over the past weeks heard about the rebranding of BankservAfrica to PayInc. For more than 50 years, BankservAfrica played an important role in South Africa’s financial system, facilitating electronic card and cash payments. This rich heritage is being carried over under a new name, and according to the organisation, the rebranding speaks to making great connections and building a digital payments ecosystem that empowers generations of South Africans to participate in the economy.

We speak more on this with Stephen Linnell, the CEO of PayInc. Stephen, thank you so much for your…

Unemployment: The country has a relatively high unemployment rate, particularly
among youth, leading to social and economic challenges.

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