Standard Bank moves to offer instant payments for businesses

08/07/2024 44 min
Standard Bank moves to offer instant payments for businesses

Listen "Standard Bank moves to offer instant payments for businesses"

Episode Synopsis

Instant payment for businesses in SA is the focus in this edition of the Business Day Spotlight.

Host Mudiwa Gavaza is joined by a team from Standard Bank’s corporate and investment bank: Stuart McDermid, executive head for product solutions, together with Nthabiseng Mohale, manager for interbank and regulator forums.

The discussion highlights: Standard Bank’s instant payments platform for corporate clients; the growth PayShap since inception; challenges associated with merchant payments; and the bank strategy to get businesses on to the platform.

Business Day Spotlight is a MultimediaLIVE Production.