South Africa plans to open its payment system to non-banks in 2027
The central bank is targeting an opening in mid-2027. Fintechs, telecoms operators and retail chains could gain direct access to payment infrastructure, without going through a bank.
The overview of Banque de réserve sud-africaine is being prepared.
The central bank is targeting an opening in mid-2027. Fintechs, telecoms operators and retail chains could gain direct access to payment infrastructure, without going through a bank.
No executive has been listed yet.