Author: Nolwazi Hlophe

In today’s fast-paced world, instant payments make a huge difference. We are able to move money within minutes – or even seconds – anytime of day or night, 24/7. But while the speed and efficiency of the latest digital payment systems in South Africa offer fantastic benefits, they also bring unique challenges that necessitate a closer look. A particular concern is the privacy and security of our personal data. The rise of instant digital payments and data’s new role Fast digital payment systems are designed to process transactions in real-time, offering immediate availability of funds and certainty that a payment…