Market Size
South Africa's business-to-business (B2B) payments market presents a compelling investment opportunity. As the most digitised payments landscape in Sub-Saharan Africa, South Africa leads in adopting and implementing cutting-edge payment technologies.
In 2022 alone, South Africa processed an impressive $994 billion in transactions. Of this total, 82%—equivalent to $815 billion—was handled through electronic transfers, making it the dominant payment method. Payment cards were the next most preferred option, accounting for 15% of the payment value.
Notably, South Africa represents roughly 66% of Sub-Saharan Africa's total B2B payment market, valued at $3.43 trillion in 2022. This dominance underscores the country's pivotal role in shaping the region's financial landscape.
This technological advancement and a robust regulatory framework position the market as a financial innovation and security leader.
B2B payment providers facilitate business transactions, encompassing diverse solutions beyond simply sending and receiving money.
These solutions empower businesses to manage their financial ecosystem, from streamlining
