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Digital
16 Oct 2024
Standard Bank sees tenfold surge In PayShap ID transactions as instant payments gain traction
Standard Bank has experienced a significant increase in instant payments, driven by a growing uptake of PayShap, while other immediate interbank transactions have continued to grow. Over the past year, the number of Standard Bank clients registering for PayShap grew by 9%, and active use of ShapID for transactions has increased tenfold (817%) year-on-year.
Digital
10 Oct 2024
Contactless payments soar as consumers embrace tap-to-pay and digital wallets
Contactless payments are surging in popularity, with over half of Standard Bank's customers now opting to tap their cards or phones at supermarkets, restaurants, and fuel stations. As merchants increasingly adopt this technology and digital wallets become more popular, contactless payments have risen to account for 53% of all transactions, up from 42% just two years ago.
Agriculture
8 Oct 2024
Standard Bank launches the 7th edition of its Finance and Farm Management textbook, contributing to skills development in Agriculture
Standard Bank has announced the launch of the highly anticipated 7th edition of its Finance and Farm Management textbook, reinforcing its commitment to agricultural education and innovation. This landmark edition, which has been a cornerstone of agricultural studies for over four decades, arrives at a critical juncture for global farming.
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