The World Economic Forum recently highlighted an estimate that fewer than half of the 5.78 million SMEs in South Africa have a bank – largely because of high bank charges and transaction fees, though that is only one reason. While some 85% of South Africans have a bank account – the highest banking penetration in Africa – many of these are used for cashing out social security grants rather than transactions.
Overall, there remains a lingering wariness of digital payments, which means many SMEs are largely dependent on cash. That not only poses security concerns; the costs associated with moving physical cash into the banking system to pay suppliers are far higher. To break these barriers, Capitec Business has introduced a more affordable banking solution for SA businesses with new pricing effective from 1 March 2024. The bank has reduced its businesses banking pricing to a flat R50 monthly fee, with the same transaction fees that apply to its 21 million personal banking clients, regardless of the size or format of the busines
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
South African businessman Christo Wiese discusses latest ventures and diamond businessChristo Wiese, a well-known South African businessman, discusses his latest ventures and developments, including his pursuit of the diamond business. Wiese had to put his diamond business on hold 48 years ago to focus on a different business.
مصدر: Moneyweb - 🏆 5. / 77 اقرأ أكثر »
Investigation into Discovery of Charred Remains in South African Furniture Manufacturing BusinessThe South African Police Service (SAPS) is investigating the circumstances surrounding the discovery of charred remains in a furniture manufacturing business in eThekwini. The families and friends of four workers went to their place of employment after they failed to return home on Sunday morning, and discovered what appeared to be skeletal remains in the burnt building. It’s understood nine Malawian nationals were in the building and working the night shift. According to the survivors, all entrances and exits were locked by their employer, which prevented them from escaping the inferno. One of the men is still unaccounted for, and authorities are still searching for him.
مصدر: ewnupdates - 🏆 30. / 53 اقرأ أكثر »
Capitec disrupts business banking by charging the same as personal bankingThe bank will save businesses up to 50% in banking fees.
مصدر: BusinessTechSA - 🏆 24. / 61 اقرأ أكثر »