AliExpress Elevates Online Shopping in Africa with More Local Payment Options

Posted on by africanretailteam | 2929 Views | 7 min read

AliExpress, an international online retail marketplace, announced today a significant expansion in its payment options for shoppers across Africa to elevate online shopping in the continent. This initiative follows AliExpress’ introduction of various local mobile payment methods last year, which was welcomed by consumers seeking better access to global products. Starting this March, AliExpress has

Shoprite & Standard Bank Partner to Boost Customer Rewards

Posted on by africanretailteam | 4333 Views | 6 min read

Africa’s biggest bank and Africa’s biggest retailer have teamed up to offer customers Africa’s biggest grocery rewards. This comes as the Shoprite Group doubles down on transparent partnerships that offer shoppers real value.  From April 2025, qualifying Standard Bank UCount Rewards members will receive the following benefits on every product, every day:  The Standard Bank

FNB Expands Partnership With Pick n Pay, Naming It as eBucks’ Primary Retail Partner

Posted on by africanretailteam | 4913 Views | 19 min read

FNB and Pick n Pay are proud to announce the expansion of their partnership to add more value for all their FNB and RMB Private Bank’s customers. The bank’s retail and commercial customers will all earn up to 30% of their spend back in eBucks when using Pick n Pay’s asap! on-demand delivery service, and up

Touchsides Rebranded as Kazang Insights Following Lesaka Acquisition

Posted on by africanretailteam | 6465 Views | 9 min read

Kazang Insights provides analytical and predictive solutions that empower FMCG firms, wholesalers and other companies to thrive in South Africa’s informal market. Leading data analytics, insights and merchant services company, Touchsides, is rebranding as Kazang Insights and integrating into Kazang—the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies. Integration of

Float: Credit Card Holders in South Africa Reveal Shopping Trends

Posted on by africanretailteam | 16873 Views | 12 min read
Float

Float, Africa’s first card-linked instalment platform has unveiled the latest shopping trends among credit card holders using its payment method. With an impressive average order value of close to R10,000, order values through the platform significantly exceeds those of the regular buy now pay later model, which typically ranges between R1,000 and R1,400. The latest

Kazang Rewards Drives Mutual Growth for Brands and Micro-Merchants

Posted on by africanretailteam | 7007 Views | 7 min read

Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has launched the multi-faceted Kazang Rewards platform. The platform enables Kazang merchants to earn rewards for completing tasks for partners such as FMCG brands, wholesalers and companies providing prepaid services like airtime and data. These tasks include completing surveys, and

Paymob and Shopify Join Forces to Accelerate Embedded Payments Opportunity in MENA

Posted on by africanretailteam | 11802 Views | 9 min read

Paymob, a prominent financial services enabler in the MENA region, has announced the launch of its new embedded checkout experiences for merchants, marking a significant extension of its partnership with the commerce platform Shopify. This new initiative is set to revolutionise the way merchants handle transactions, providing them with advanced card and wallet payment options

The SPAR Group Launches ‘R1 Billion in Savings’ Promotion, a First in South African Retail

Posted on by africanretailteam | 11691 Views | 12 min read

The rising cost of living is significantly straining South African consumers’ budgets, with food expenses alone exhausting approximately one-third of their income. In response, The SPAR Group has announced its ‘R1 Billion in Savings’ shopper promotion, exclusive to SPAR Rewards customers. Until 22 July, the promotion aims to provide significant financial relief to consumers struggling

Card Times: Cash Finds Itself ‘Virtually’ Out of Fashion – Trade Intelligence

Posted on by africanretailteam | 20211 Views | 17 min read

By Nicola Allen, Senior Retail Analyst, Trade Intelligence Earlier this year, social media was abuzz with outrage at an announcement which was misinterpreted to mean that Woolworths was going to stop accepting cash in its stores – it was in fact Woolworths’ WCafés only that were going to stop accepting cash. Trade Intelligence partnered with

IKhokha Launches Affordable New Smart Card Machine for SMEs

Posted on by africanretailteam | 33994 Views | 11 min read

One of the market leaders in the fintech space in South Africa, iKhokha, has announced the launch of a new smart card machine that fits into your pocket, called the iK Flyer Lite. This new offering follows the success of the flagship iK Flyer card machine, launched in 2022, which far surpassed initial sales expectations.

How Technology Is Revolutionising Payment Reconciliation for Retailers – Ecentric

Posted on by africanretailteam | 28676 Views | 19 min read

By Graham Bradford, Senior Product Manager at Ecentric As retailers grow into mid-market size and beyond, the complexity and cost of manually reconciling payments increases almost exponentially because there are hundreds of thousands, if not more, transactions a day. Most retailers in this segment reconcile their payments with spreadsheets and many can’t expect a view

Merchants Support Call for Testimony by Visa and Mastercard CEOs at Hearing on Credit Card ‘Swipe’ Fees

Posted on by africanretailteam | 29192 Views | 12 min read

The Merchants Payments Coalition today welcomed the announcement that Senate Judiciary Committee Chairman Richard Durbin, D-Ill., has invited the CEOs of Visa and Mastercard to testify at a hearing on the lack of competition in the credit card market. “It’s time for the CEOs of Visa and Mastercard to answer for decades of their companies

Pick N Pay Smart Shopper Innovates With New Digital Platform

Posted on by africanretailteam | 79797 Views | 12 min read

Pick n Pay, a trailblazer in the loyalty space, celebrates its pioneering spirit as it embarks on a digital transformation journey with the launch of the Pick n Pay Smart Shopper app. This marks the start of a new era of customer engagement and convenience for Smart Shopper as it aims to become South Africa’s