Plans for South Africa’s payment system to bypass Standard Bank, Absa, FNB, Nedbank and Capitec
Reserve Bank governor Lesetja Kganyago said work was underway to allow non-banks in South Africa to process payments without having to go through one of the country's banks.
By Luis MonzonSouth Africa
AI summary
Sign in to read the summary
Reserve Bank governor Lesetja Kganyago said work was underway to allow non-banks in South Africa to process payments without having to go through one of the country's banks.
Follow the story
About this article
- Length
- 28 words · 1 min read
- Published
- October 21, 2026
- Byline
- Luis Monzon
- Source
- MyBroadband