Category: news

Low card acceptance at informal enterprises despite high consumer demand – Mastercard research

Low card acceptance at informal enterprises despite high consumer demand – Mastercard research Around 96 percent of transactions are still conducted in cash among South Africa’s 1.5 million informal enterprises, despite strong interest in digital and card payments by consumers Mastercard issued this media release on 12 December 2017 and the trends we’ve seen have […]

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6 challenges to financial inclusion in South Africa

South Africa is a country of well-known promise and peril. Despite being the largest economy on the African continent, the nation is plagued by high levels of unemployment, a poor education system and staggering income inequality. Underscoring the country’s struggle to translate its rich natural resources and other assets into social benefit, South Africa ranked […]

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uKheshe: An app for the unbanked

Mobile payments and digital wallets have been on the rise in South Africa over the past few years and, most recently, Samsung Pay and Fitbit Pay were introduced. These services allow anyone with a smartphone or wearable device to load their bank cards on to a digital wallet. This is arguably safer than a physical wallet and enables users […]

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uKheshe Takes Top Spot Award

The newly launched uKheshe app was awarded with top honours in Stuff Magazine’s yearly roundup of winning tech for 2018. Listed in the category for Do Good Apps, uKheshe was chosen by the Stuff team as their favourite app to do good and Pay it Forward.  Check out the December/Janury 2019 issue for all the […]

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SA app uKheshe launched for micropayments

South African start-up Jini Guru has launched a smartphone app and QR card to allow users to make micropayments electronically, to a car guard for example, without the need to carry cash. The app, called uKheshe (which means “cash” in isiZulu), allows users to pay anyone who has an uKheshe QR card – and they […]

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