MyZA

News, Directory, Events and Other Stuff

You are here: Home / News / Reserve Bank gets green light to take full control of South Africa’s instant payment system | SA News

Reserve Bank gets green light to take full control of South Africa’s instant payment system | SA News


The Competition Commission has recommended that the Competition Tribunal approve the South African Reserve Bank’s acquisition of control over BankservAfrica, without conditions.

BankservAfrica is the developer and processor of South Africa’s new instant payments system, PayShap, and the acquisition will give the Reserve Bank full control over it.

“The Commission has recommended that the Tribunal approve the proposed transaction whereby SARB intends to acquire sole control over BankservAfrica, without conditions,”…

Cultural Representation: Publications often reflect the diverse cultures and
languages of South Africa, contributing to national identity.

Read More at the Source

Category: Tag: , ,

If you feel strongly about this article then feel free to send MyZA a ‘Letter to the Editor’ using the submission form below:

Letter to the Editor

This field is for validation purposes and should be left unchanged.
If this is in response to an article please include that article title here or as the lead in for the first paragraph of your Letter below.

Separate tags with commas

Localise your letter by naming the city your words are about. Add relevant words describing your subject. Single comma separated words of no more than 5
Your Name(Required)
Your Name will be linked to the website below.
Your personal, business or social media web site
Choose NO to not set up a user account on MyZA. User Accounts will allow you to submit letters under your own Author Name

3 Latest Letters to the Editor:

  • Thoughts on Lotto Winner News

    Dear Editor This is fantastic news for the community of Gqeberha. It is always heartwarming to hear about such life-changing positive outcomes for everyday people. Congratulations to the lucky winner! Regards Buhle Ngcobo In Response to/From: R8.5 Million Lotto Winner Claims Prize in Gqeberha

  • Inquiry Regarding SASSA Card Replacement

    Dear Editor I am a social grant recipient and need guidance on swapping my SASSA Gold Card for the Postbank Black Card. Please assist. Regards Buhle Ngcobo In Response to/From: Minister Tolashe assures smooth transition to Postbank Black Cards for grant beneficiaries Swapping your SASSA Gold Card for the new Postbank Black Card is a…

  • Congratulations to the Lotto Winner

    Dear Editor Dear Editor, I was thrilled to hear about the R8.5 million Lotto win for the community of Gqeberha. Such life-changing news brings hope and excitement to everyone in the area. I congratulate the winner and wish them all the best with their prize. May this bring positive change to their life and the…

Reader Interactions

Comments

  1. If three out of five people are suffering from diarrhoea, are the others enjoying it?

  2. Fun South African Fact: South Africa is the only country in the entire world that has voluntarily abandoned its nuclear weapons programme.