EFT Corporation expands e-commerce offering

The Buy Now, Pay Later (BNPL) market is booming, and merchants offering this option to consumers see significant increases in sales volume and order value. The BNPL market has experienced robust growth in recent years, with some markets reporting a CAGR of 23,5%. Now,...

Absa’s ShopRed helps entrepreneurs take their business online

Absa has launched ShopRed, a unified commerce platform that makes setting up and operating hybrid storefronts easier than ever before. Born from a partnership with merchant platform, littlefish, and digital payments leader, Visa, Absa’s ShopRed helps entrepreneurs...

Bajaj SA and Picup partner for last-mile delivery

In a move that is expected to strengthen South Africa’s booming last-mile delivery sector, Bajaj South Africa has partnered with logistics platform Picup. The partnership will see Picup riders equipped with the rugged Bajaj Boxer 150. The partnership is designed to...

Groceries, FMCG the next big opportunity for e-commerce

Grocery and FMCG e-commerce represents a massive growth opportunity for South African retailers at a time when consumers are more aware than ever of the cumulative effect of inflation on their cost of living and are becoming increasingly intentional in their...

Takealot recruits township franchisees

Takealot Group has launched its Franchisee Development Programme in Gauteng townships. Part of the Takealot Township Economy Initiative (TTEI), the programme aims to empower township-based SMMEs and entrepreneurs by offering franchise opportunities that unlock the...

An added layer of card security for online shoppers

Mastercard has announced enhancements to its Identity Check programme that will give South African cardholders an extra layer of protection at checkout. According to SABRIC, in 2022 card not present (CNP) fraud amounted to 76,9% of the gross fraud losses on South...