From left to right: Lindo Goge, Partnership Manager, Payfast by Network; Tamsin Foxon, Head of Corporate Banking, South Africa, J.P. Morgan; Wayne Cook, Head of Payments, South Africa, J.P. Morgan; David Adams, Southern Africa Regional Managing Director at Network International; Naa Wilson, Head of Payment & Commerce Solutions, South Africa, J.P. Morgan; Hemisha Lakhoo, Head of Commercial Banking, South Africa, J.P. Morgan
Network International, the leading enabler of digital commerce across the Middle East and Africa, has extended its partnership with global leader J.P. Morgan Payments to facilitate ecommerce transactions for their clients in South Africa. This will be accomplished by leveraging Payfast, Network’s online payments solution in South Africa, enabling J.P. Morgan Payments to strengthen its offering for local corporate clients.
Building on their successful partnership in the Middle East, which was established in 2023, this development allows J.P. Morgan Payments to complement its existing offering to local clients. Payfast by Network will integrate with its existing solutions and provide a comprehensive payment acquiring experience for J.P. Morgan Payments clients in South Africa.
“Our collective vision is to grow the digital payments ecosystem in South Africa. By providing access to Network’s innovative payment solutions and regional expertise, and Payfast’s ecommerce product, we are enabling J.P. Morgan Payments to expand its existing proposition to local clients – which will ultimately help them to operate at scale. Looking at the bigger picture, building connections with global leaders bodes well for the future of ecommerce and business growth across the country,” says David Adams, the Southern Africa Regional Managing Director at Network International.
“South Africa is an important part of our Payments growth agenda,” says Wayne Cook, Head of J.P. Morgan Payments for South Africa. “Which is why we are investing in the market and are delighted to be partnering with notable regional players such as Payfast, to offer more to the companies we support here.”
Payfast by Network is an online payment solution offered by Network International. Earlier this year, Payfast, the company, rebranded to become Network International – laying the groundwork for strategic international partnerships that aim to introduce innovative payment products and drive financial inclusion.