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The 800-pound gorillas holding back e-commerce in South Africa
The former BankservAfrica’s new real-time payments system, PayShap, could be a game-changer for e-commerce and other businesses in South Africa. However, banks are hampering adoption of the technology.
That is the view of Bob Group CEO Andy Higgins, one of South Africa’s e-commerce pioneers, who founded Bidorbuy in 1999.