Payment types accepted by e-commerce vendors in South Africa between 2022 and 2024

Predictions are that eight out of 10 e-commerce vendors in South Africa will offer buy now, pay later on their website come 2024. This is according to a survey held in early 2022, asking e-commerce professionals on which payment method they are already offering and which ones they hope to either add or not add in the future. Noticeable for South Africa is the substantial share of respondents who indicated they offer credit cards in 2022. Cryptocurrency also features in this list, but one should take note that this survey was held during the height of the crypto popularity in early 2022. Additionally, the source does not clarify whether merchants would like accept direct payments with Bitcoin or whether this involved a third-party payment aggregator.