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Never miss a beat on Africa's legal and regulatory landscape.

Webber Wentzel

On the road to a cashless society – SARB digital payments roadmap

On 18 April 2024, the South African Reserve Bank (SARB) published its digital payments roadmap. The document entitled Digital Payments Roadmap: Towards Inclusive, Accessible, Effective and Sustainable Digital Payments in South Africa, sets out a 17-action item plan that t..

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Baker McKenzie

PayShap - South Africa's first rapid payments program launched

The South African Reserve Bank (SARB) has announced the launch of South Africa's real-time rapid payment platform called PayShap. PayShap aims to offer a cost-effective, convenient and instant payment service across banks, a proxy service to simplify the identification in..

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