AEGLIX news · Africa
Techcabal · Emmanuel Nwosu
Published by the source: Mon, 26 Oct 2026 11:43:59 +0000
South Africa plans to let regulated fintechs access its payment network directly, cutting their reliance on banks. The change could reduce payment costs and squeeze banks’ fee income, but savings for merchants and consumers will depend on competition and the cost of operating independently.
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