Author: Hennie Dreyer

South Africa’s financial landscape stands at the edge of a big transformation. By opening up the payments space to non-licensed players, the South African Reserve Bank’s (SARB) Vision 2025 promises to redefine access to the country’s payment systems. This means much greater democratisation of the payments landscape in the next few years. Essentially, the SARB is ushering in an era of open payments with tremendous potential for innovation, competition and financial inclusion in the formal and informal economies – changes that will ultimately benefit South African consumers the most. SARB’s Vision 2025 and potential impact on payments in South Africa…