The South African e-commerce web development landscape is highly competitive with shrinking margins and developers highly sensitive to delays. Working with a payment vendor which understands the needs of developers as well as merchants can make all the difference. As...
While online retail still only accounts for 1% of retail revenue in South Africa, the growth rates of more than 20% year-on-year since 2000 speak volumes about the need for every business to seriously plan for an online presence. The 2016 numbers from World Wide Worx...
Today is exactly 100 days since the launch of SID 2 on the 29th of March, which has had a very encouraging response, thanks to you all! Above expectations, not only have we seen an increase in EFT sales volumes, but SID 2 has already succeeded in drastically reducing...
Leading South African Payment Gateways have partnered with SID Instant EFT to release the new and improved SID 2.0 to e-commerce businesses across the country. SID Instant EFT was originally developed nearly 10 years ago, to satisfy an unmet need within the South...
SID Secure EFT has been one of South Africa’s most trusted online payment methods since 2007. The SID payment solution was recently upgraded in order to simplify the payment process, and to allow for a seamless payment experience on any platform, or any type of...
New data from Juniper Research has revealed that global eRetail sales are expected to reach $1.7 trillion this year, up by more than 17% on 2014’s total. It argued that while recent growth had been buoyed by factors such as public Wi-Fi deployments and 4G rollout, in...
An ever increasing number of South African Internet users are enjoying the convenience of shopping online, with numbers set to climb to 5.3 million in 2014. Although our local e-commerce market continues to grow, some deep-rooted consumer concerns still linger. The...
A few years ago, industry wisdom held that opening up multiple retail channels to the consumer would cannibalize in-store sales and push profits down, but today it’s clear that an omni-channel approach, far from jeopardizing sales actually creates a new class of...
In a commitment to providing partners and customers with the highest level of technical and product support, Setcom is pleased to announce that we have extended our customer support hours. The Joint Setcom, SID Instant EFT, MonsterPay and Swish Support Centre will now...
Setcom Payment Solutions has been a leading South African Payment Service Provider since 1998. Setcom is driven by an entrepreneurial spirit and a passion for e-commerce, which has inspired the development of four, innovative payment products. Each of our four...
