We’re pleased to announce the release of our fourth annual Payfast by Network Report: State of Pay 2024, available for free download. In addition to providing an extensive overview of South Africa’s payments landscape as we head into 2025, the comprehensive report unpacks Unified Commerce and why it’s beneficial for your business’s growth strategy.
What’s inside the State of Pay 2024:
- Expert Insights: Gain valuable perspectives from our esteemed partners, Arun Krishnamoorthy, Chief Information Officer – Commercial Payments at Absa, and Zaheer Hamza, Chief Digital and Innovation Officer at KFC, on the strategic importance of Unified Commerce in meeting evolving customer expectations for convenience and personalisation.
- Leadership Perspectives: Hear from our Regional Managing Director, David Adams, and Network Group Managing Director of Merchant Solutions (Africa), Mpho Sadiki, as they discuss why merchants should integrate Unified Commerce into their broader business strategies.
- Data-Driven Analysis: Explore key industry and payment data sourced from the Payfast by Network platform over the past year. For the first time, we also share consumer insights from a survey conducted to understand shopping behaviours both online and offline.
- Merchant Insights: Discover findings from our annual merchant survey, including how businesses are adapting to the rise of omnichannel retail, the growth of marketplaces and shifting consumer expectations.
As the payments landscape continues to evolve, staying informed and adaptable is crucial for business success. The State of Pay 2024 report provides the insights and data you need to navigate these changes effectively.
Download our report now to learn how to leverage Unified Commerce for your business success. You can check out our previous reports here.
