PayPal Commits $100 Million to Boost Digital Commerce Growth in MENA, Africa

Posted on by africanretailteam | 2848 Views | 10 min read

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a commitment to invest $100 million throughout the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions.  This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and

Cross Switch at Seamless Africa 2025, Orchestrating Growth in Payments

Posted on by africanretailteam | 4136 Views | 21 min read

Originally published by Cross Switch here: https://cross-switch.com/cross-switch-at-seamless-africa-2025-orchestrating-growth-in-payments/  Seamless Southern Africa 2025, held in Johannesburg, brought together over 6,000 professionals from the banking, fintech, retail, and e-commerce sectors. The energy in the air confirmed the feeling that Africa isn’t just following global digital commerce trends, but is moving ahead at its own lively pace, showing that

Shoprite Group Expands Rewards Ecosystem with Absa Rewards

Posted on by africanretailteam | 5640 Views | 6 min read

The Shoprite Group has been added to Absa’s Rewards programme to bring additional rewards to even more South African shoppers. During the launch phase from 16 August 2025, Absa Rewards members who pay with qualifying debit or credit cards will earn up to 60% cash back when shopping at Shoprite, Checkers, Checkers Hyper, LiquorShop, or

Boodil and Transaction Junction Partner to Strengthen E-commerce Payments in SA and SSA

Posted on by africanretailteam | 6747 Views | 9 min read

Boodil, a UK-based innovator in payments technology specialising in e-commerce and open banking, has entered into a strategic partnership with Transaction Junction, a prominent South African provider of omni-channel transaction solutions. The collaboration aims to deliver advanced payment experiences to Shopify e-commerce merchants across South Africa and Sub-Saharan Africa, introducing a secure, streamlined, and flexible

Cross Switch Launches New Identity to Power Payments Across Emerging Markets

Posted on by africanretailteam | 11060 Views | 12 min read

This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum, including

Jumia Launches BNPL in Algeria, Partnership with Diar Dzair

Posted on by africanretailteam | 8693 Views | 5 min read

Jumia, Africa’s leading e-commerce platform, has teamed up with Algerian finance provider Diar Dzair to roll out Buy Now, Pay Later (BNPL) services for customers across Algeria. This strategic collaboration is designed to make online shopping even more accessible, offering shoppers the flexibility to split their payments while encouraging greater use of digital financial services.

Cross Switch and Paysoft Team Up to Drive Smarter, Scalable Payments for South African Businesses

Posted on by africanretailteam | 10186 Views | 16 min read

Cross Switch, a global payments technology company, has found a strategic collaborator in its mission to bring faster, smarter, and more scalable payments to emerging markets. In partnership with South African fintech leader Paysoft, these two forward-thinking platforms are joining forces to swing the axe against digital transaction logjams that hamper South African businesses. Be

Cross Switch and Pesawise Unite to Power Seamless Retail Payments in Kenya

Posted on by africanretailteam | 11045 Views | 16 min read

Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish it’s footprint and, together with Pesawise, immediately deliver robust payment

Cross Switch Expands Merchant Services with SA Payment Licence

Posted on by africanretailteam | 14208 Views | 14 min read

This article was originally published here. Cross Switch, a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence. The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch’s position in the

Empowering retail innovation: TANGO redefines payment experiences

Posted on by africanretailteam | 9895 Views | 26 min read

This article was originally published here. Innovative payment solution TANGO is set to revolutionise the modern payment environment in the South African retail space, reports MoData. Darren Turnbull, CEO of MoData, says: “At major industry events we attend, such as the 2025 Absa Commercial Payments Summit and BankservAfrica Payments Conference 2025, we see a growing

AliExpress Elevates Online Shopping in Africa with More Local Payment Options

Posted on by africanretailteam | 19767 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 | 18417 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 | 21750 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

Apaya and Telr Join Forces to Boost E-commerce Ecosystem in MENA

Posted on by africanretailteam | 10352 Views | 5 min read
Apaya

Apaya, a commerce automation platform, entered into a strategic partnership with MENA’s online payment gateway Telr to accelerate digital commerce growth in the region. The collaboration will allow merchants to instantly access Telr’s payment services through Apaya’s no-code platform, according to a press release. They will also leverage Telr’s anti-fraud engine alongside Apaya’s intelligent routing

Wasoko & MaxAB Complete Landmark Merger

Posted on by africanretailteam | 17466 Views | 17 min read

Africa’s Largest Tech Merger Fuels Groundbreaking Expansion From E-Commerce to B2B Digital Services Platform African B2B e-commerce pioneers Wasoko and MaxAB have completed the continent’s largest-ever tech merger following the signing of preliminary terms in Q4 2023. Conducted as an all-stock transaction, the deal establishes a truly Pan-African platform for communities to access essential digital

Knowing if Your Data Held by Your Favourite Online Marketplace Is Safe and Secure – Bob Shop

Posted on by africanretailteam | 23107 Views | 12 min read

South Africa’s Information Regulator recently revealed that it receives more than 150 monthly data breach notifications – a considerable increase from last year’s average of 56. Hackers are doing the country’s already battling economy no favours: the 2023 Cost of a Data Breach Report, produced by the Poneman Institute and published by IBM Security, states

Four Business Trends to Navigate the Economic Future – Yoco

Posted on by africanretailteam | 55089 Views | 14 min read

Physical retail businesses remain crucial in the South African landscape, catering to the preferences of many customers. However, as eCommerce continues to surge, these businesses will experience challenges competing with industry giants like Amazon. The trends outlined below are essential considerations for a thriving retail business in an increasingly online world. While they’re not a

Growth Opportunities to Look Out For, and Trends to Leverage in the Flourishing World of Ecommerce – Bob Group

Posted on by africanretailteam | 43039 Views | 14 min read

Bob Group Managing Director Andy Higgins believes 2024 will be the year online retail in South Africa will start to accelerate and catch up with international uptake. Higgins, who took the reins when marketplace giant bidorbuy (now Bob shop) and logistics powerhouse uAfrica (now Bob Go) amalgamated to form the Bob Group ecommerce ecosystem last