FNB has announced changes to Speedpoint, positioning it around practical business needs such as certainty, simplicity, predictable settlement and tools that support day-to-day operations.
A clearer pricing structure for Speedpoint has been introduced, aimed at helping businesses better understand the real cost of getting paid. The focus is not only on transaction rates, but also on system reliability during busy periods, settlement certainty and tools that reduce administrative time.
Businesses can choose devices based on how they trade today, with options to scale as their needs change, with flexibility on how pay for those devices:
- Speedpoint Go: Buy R699 or rent R230 per month
- Speedpoint Pro: Buy R1 499 or rent R320 per month
- Speedpoint Tablet: Buy R4 999 or rent R500 per month
- Speedpoint Counter: Buy R7 499 or rent R920 per month
The Speedpoint range is designed to support businesses for their needs at different stages, from mobile start‑ups trading on the move to established businesses processing higher volumes at fixed counters, while offering additional operational visibility through the broader ecosystem.
“Merchants don’t wake up thinking about ‘value propositions’ — they’re looking for real‑world answers to the business challenges they face,” says John Mlangeni, CEO of FNB Merchant Services, referring to the need to support businesses differently as they grow.
FNB’s commission model is structured so that businesses pay less in line with their activity, with the intention of keeping more money in merchants’ pockets from the start and continuing to give back more as volumes increase.
From 4 March 2026, all existing Speedpoint merchants will automatically move on to the new pricing structure, which will result in immediate savings through lower commission rates.
“SMEs don’t need more complexity, they need certainty. Pricing must be clear, settlement must be predictable, and the tools must help businesses run better and earn more,” adds Msibi.
Speedpoint also includes tools aimed at supporting daily business operations and additional income streams. These include prepaid products, voucher and ticket sales, real time sales and stock visibility, online selling tools, and access to FNB Cash Advance, a working capital facility linked to trading performance.
To ensure accessibility from the outset, FNB Business offers First Business Zero, an entry level account with no monthly account fees, aimed at sole proprietors and businesses starting out. This allows businesses to begin trading digitally without upfront banking costs.
As businesses grow and formalise, Business Gold Aspire, priced at R49 per month, provides the next step into the FNB Business ecosystem, supporting township and micro‑businesses with payments, tools and services aligned to more established trading needs.
Access to funding remains a challenge for many small businesses. Since its launch, 65% of FNB Cash Advance payouts have been under R100 000, with 31% going to businesses with annual turnover below R1-million. Repayments are structured as a portion of daily sales processed through Speedpoint devices.