za_regenesis_of_payments_July2019.pdf - 0 views
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There are signs that South Africa’s transition to a cashless environment could happen quickly. Locally, QR code app-based payment services such as Zapper and SnapScan already have over 50 000 merchants across South Africa. In addition, Samsung Pay launched in August 2018.
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SnapScan revolutionized the South African mobile payment market. However, I believe that they're going to face many challenges in the future because they need to cope with the new competition. They need to control the market by making their idea more unique because the QR code idea is now available in the market, so they need to create a new concept that can help their idea to get more innovative.