Businesses of different sizes and industries saw an increase in both transaction volumes and values, highlighting a continued shift towards digital and cashless payments. Digital transaction volumes recorded double-digit increase of 15% year-on-year (YoY), digital transaction value rose by 11% while Standard Bank’s transacting merchant base saw an increase of 8% YoY in December 2024. The Standard Bank SimplyBLU platform powered by Visa, our comprehensive all-in-one card payment solution, also makes it easier for businesses to manage their brick-and-mortar, digital and mobile sales effortlessly, enabling businesses to manage online payments frictionlessly.

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