South Africa Intro
South Africa, at the southernmost tip of Africa, is the second largest economy is Africa and accounts for 24% of Africa’s gross domestic product. It is also ranked as an upper-middle income economy by the World Bank. As of 2019, the current South African population is an estimated 58 000 000 people.
E-commerce started in South Africa in 1998. Over the last 11 years, e-commerce in South Africa has been experiencing a 30% year on year growth rate. Mobile payments play a large role in checking out, while the card is still the predominant payment method used.
South Africa Payment Gateway
Merchants can accept South African online payments through Wirecard’s PCI compliant payment gateway. Wirecard offers a wide range of e-commerce solutions for verticals such as Retail, travel, airlines and bill payments.
Apply for a Merchant Account in South Africa
Contact us for assistance in getting an online merchant account in South Africa.