Payments Study Tour Report 2019 Early in 2019 PASA and BankservAfrica, together with the assistance of PwC, collaborated to design a study tour to India, Thailand, China and Singapore to form a deeper understanding of how these countries approached and implemented advanced, real time payments infrastructure and eco-systems. The purpose of the tour was to enable […]

Media Statement – Reduction in maximum cheque value After careful consideration and consultation with key stakeholders, PASA will be reducing the maximum value for writing a cheque from the current value of R500 000 to R50 000, effective 01 May 2020. Walter Volker, Chief Executive Officer of PASA believes that this limit reduction stems from

Global Payments Summit comes to Africa on 27 and 28 August 2019 Global Payments Summit comes to Africa on 27 and 28 August 2019https://www.africa.globalpaymentsummit.com/

Modernisation Research In early 2017, PASA and BankservAfrica commissioned research to inform an industry project to modernise South Africa’s low-value payments infrastructure. Now available, the research offers insights into the current state of low-value and high-volume payments infrastructures world-wide and provides a clear view of the importance of payments system modernisation, providing a platform from

Payments industry launches new type of debit order June 2017 – Over the last few years, there has been a significant increase in debit orders processed to bank accounts without permission (a mandate) from consumers. On the other hand, irresponsible consumer behaviour, where bank customers are disputing debit orders that do have valid mandates at

PASA Annual Report 2016 As with most years, 2016 brought its own share of excitement and challenges.  We are excited to share PASA’s 2016 journey with you in our Annual Report. Annual Report 2016

Final Graduation Ceremony 2016 The final graduation for 2016 was held on 1 December 2016 at the AstroTech Conference Centre. This particular event marked a special milestone for the Certificate in Foundational Payments – reaching 1,000 graduates from inception 4 years ago.

PASA Annual Awards Ceremony The PASA Annual Awards were instituted in 2016 with the aim of recognising individuals and groups who significantly contribute to the success of the collective payments industry. The 2016 award recipients were: Individual Awards for PASA member representatives – CardClive Gungadoo – Standard BankFor exceptional leadership of the Card Risk Strategy

BOOKINGS NOW OPEN – PASA Certificate in Foundational Payments PASA Certificate in Foundational Payments Now going into its 5th year, the PASA Certificate in Foundational Payments has become an integral part of the fabric of PASA and the payments industry.  By the end of 2016, approximately 1,000 students would have graduated from this programme. As

The “safety and soundness of the national payment system” is a priority of the South African Reserve Bank (SARB). Its deputy governor‚ Francois Groepe‚ on Tuesday told a Payments Association of SA (PASA) conference that new‚ far-reaching financial sector legislation “will include the introduction of new and more comprehensive regulations as well as expanded oversight