Why South Africa Is the Most Underserved B2B Payments Market on the Continent

South Africa’s consumer fintech story is impressive by any measure. In 2025, South African consumers completed over 118 card transactions per person per year, with total card volume hitting ZAR 2.9 trillion, growing at 10.4% annually. PayShap, the country’s real-time account-to-account payment rail, is live and scaling.