South Africa

South Africa

With a tech-savvy population, high mobile wallet usage, and rising demand for cross-border e-commerce, South Africa offers strong potential for merchants looking to tap into a digitally mature market.

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Accepting payments in South Africa

Bank transfers
Bank transfers

Access to all banks in South Africa for deposits and payouts

Key factors driving growth

Population
60 million

with a population of over 60 million, South Africa is one of the continent’s largest and most dynamic economies.

Nearly
48 million

mobile internet users in South Africa are driving a mobile-first digital revolution.

The e-commerce market is projected to reach
$6.56 billion

by 2025, driven by increased online shopping and payment platforms.

South Africa is a dynamic and growing market

Mobile-first shopping is the norm, making localised, mobile-optimised solutions essential for success.
Government and private sector initiatives aim to improve financial inclusion, expanding access to banking and digital payment options.

Regulatory support for fintech growth in South Africa

The number of e-commerce users is forecasted to increase from approximately 11.7 million in 2025 to 21.52 million by 2029, indicating a growing online consumer base.

The partnership between fintech innovation and effective consumer protection makes South Africa an attractive market for online businesses, offering opportunities in a fair and secure environment.

South Africa is a dynamic and growing market
South Africa is a dynamic and growing market
Why South Africa is the next big opportunity for online businesses

Why South Africa is the next big opportunity for online businesses

South Africa’s burgeoning digital economy offers a gateway to untapped growth opportunities. With Payfuture, businesses can leverage our secure, localised payment solutions to access this exciting market. Whether integrating mobile wallets or enabling seamless checkout experiences, Payfuture is your trusted partner for scaling success in South Africa.

Now is the perfect time to take your business to new heights. Partner with Payfuture and unlock your potential in South Africa’s fast-evolving digital landscape.

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