Cashless payments on the rise in SA

Cashless payments on the rise in SA

With the cost of cash withdrawals increasing and the growing concern over data security, South African consumers are rapidly adopting cashless payments, as revealed by the latest numbers from Virgin Money Spot. The bank agnostic peer-to-peer payment app rocketed onto...
New limits for consumer credit charges

New limits for consumer credit charges

By Bridget King, Cliffe Dekker Hofmeyr Director, Finance & Banking On 6 May 2016, the Limitations on Fees and Interest Rates Regulations (Final Regulations) in terms of the National Credit Act, 2005 (NCA) will come into effect. The Final Regulations effectively...