Mastercard Introduces Real-Time Payments in South Africa

Mastercard Incorporated (MA) recently announced the launch of real-time card payments in South Africa in partnership with ACI Worldwide. This initiative will allow South African merchants to receive faster payouts and empower businesses with better cash flow management and more visibility over their funds. By enabling real-time payments, Mastercard enhances the velocity of money, driving growth and innovation in the South African economy.This move bodes well for Mastercard as it aligns with the South Africa ...