South Africa
Accelerate expansion into a digital-driven market moved by gaming and SaaS players.
Global companies selling with EBANX in Rising Markets
EBANX solutions
↪in South Africa
A diverse payment offering to reach the vastest internet economy in Africa.
Pay-In
A variety of payment methods with solutions that increase your total addressable market by providing the most relevant options for digital purchases and boosting your performance in cross-border sales with a reliable global settlement network.
Direct connection with local acquirers
Optimized balance between approval rates and chargebacks
Support and performance optimization on recurring payments
Unified reconciliation
Local risk and compliance management
Optimized money flow considering multi-currency sales
One single and easy integration to accelerate go-live or upgrades
Exclusive and innovative technology developed in-house
International Funds Settlement
Sell to people in South Africa in Rand (ZAR) while accepting the most popular local payment methods. Receive your funds in USD anywhere.
payment methods in South Africa
The fastest-growing African digital commerce player is experiencing a substantial digital behavior maturation; meanwhile, digital payments are becoming increasingly common in South Africa.
Even though the country has a functioning credit system, with 43% of people using cards to buy online, expensive value-added services do not necessarily meet the needs of the underbanked.
That is when digital wallets and instant electronic funds transfers are helpful for South Africans. Ozow, for instance, is a gateway that allows locals to make bank-to-bank payments using their smart devices with no cards involved.
Share of payment methods in South Africa (2022)
Source: Statista, 2022.
Whitepaper
Payments in SOUTH AFRICA
Redefining Consumer Behavior and Payments in South Africa's Digital Age
Payment methods available in South Africa with EBANX
Local Credit Cards
No
when a payment is made at intervalsYes
Yes
No
Local Debit Cards
No
when a payment is made at intervalsYes
Yes
No
Online Alternatives
No
when a payment is made at intervalsNo
Yes
No
EBANX makes cross-border payments easy so you can focus on growth
Have a complete payment solution that helps your business cross borders and process international payments in South Africa and many other countries in Africa and Latin America
