South Africa’s SARB Introduces New 2025 Rules For E-Wallets And Digital Payments

A financial upheaval will soon be in the making for South Africa. The South African Reserve Bank (SARB) has issued two draft policy proposals—the Draft Payment Activities Exemption Notice under the Banks Act and the Draft Directive on Specific Payment Activities under the National Payment System (NPS) Act—to develop the system and secure digital payments … Read more