How Is Micro-Merchant Card Fueling Digital Transformation?
- The rise of card acceptance devices in South Africa’s informal and micro-merchant sectors
- The convergence of increased card penetration and fintech innovations has propelled the digitalization of the informal sector
- Investments in expanding card acceptance terminal networks have played a crucial role in driving this transformation
The rise of card acceptance devices in South Africa's informal and micro-merchant sectors is a positive development that is reshaping consumer behavior and driving economic changes. The availability of affordable card acceptance is transforming these sectors, making it easier for merchants and consumers to embrace the convenience of cards. Investments in expanding card acceptance terminal networks have played a crucial role in driving this transformation and fostering economic growth and financial inclusion.
