Micro merchants embrace digital wallets

Fast-growing adoption of digital supplier payments among micro merchants and informal retailers such as spaza shops is helping to reduce security risks, costs and inefficiencies associated with cash payments right across the value chain. Digital wallets from fintechs...

Redefining retail through store reinvention

It was just four years ago during the pandemic – with consumers restricted to their homes and mall doors tightly shut, that online commerce began its unprecedented rise. This phenomenon left retailers thinking about the role of the actual store moving forward....

Shift to omnichannel payments drives efficiency, enhances CX

Even as more retailers turn to setting up online storefronts to extend their presence and cater to shoppers looking for convenience, the majority of South Africans still prefer to shop at physical stores, and retailers are looking for a solution that gives them a...

BNPL: risk versus value considerations for merchants

E-commerce merchants can’t afford to ignore the advantages of buy now, pay later (BNPL) facilities and alternative credit solutions, but they should choose their BNPL partners with care. This is according to Anine de Kock, head of partnerships at Peach Payments,...

How retailers can shift from multichannel to omnichannel payments

Retailers need to keep costs under control and reduce complexity in economic conditions that can best be described as uncertain and challenging. By Gary Bowers, product manager and Shaun Shehab, senior sales engineer at Ecentric Yet, despite this, they need to give...

Retailers should prepare for an uptick in consumer spending

South African retailers should get set for a recovery in retail sales between 2024 and 2026, according to a new report conducted on behalf of fintech Capital Connect. The report shows that total real retail sales are forecast to grow by 1.8% in 2024, gradually...