Mitigating risk through collaboration
How PayInc’s strong partnerships help ensure stability, resilience, and trust in SA’s payments ecosystem.
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Where does all the money go?
Shergeran Naidoo of PayInc (formerly BankservAfrica) describes the company’s function as a payment clearinghouse, its ownership by the banking sector, and its commitment to financial inclusion. He highlights the launch of the PayInc Economic Index, as well as efforts to support the unbanked and underbanked through digital innovation.
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South Africans saying goodbye to cash
Even in sectors like South Africa’s informal economy, where cash remains the dominant form of payment, most spaza shops have adopted card payments.
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banks | BankservAfrica | cash | Duduzile Ramela | economic growth | PayInc
PayInc steps up push to move South Africa to digital payments
Stephen Linnell, CEO of PayInc, outlines how the rebrand from BankservAfrica marks a new chapter focused on advancing financial inclusion, shifting the economy beyond cash, and fostering collaboration between banks, fintechs and regulators.