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The SiD Blog

Updates and announcements from the Team!

Maximise the holiday e-commerce cheer and avoid a fraud hangover

Maximise the holiday e-commerce cheer and avoid a fraud hangover

This year’s sudden spike in online shopping on Black Friday showed the true potential of e-commerce in South Africa. But it also showed that local merchants may not be prepared for sudden spikes in e-commerce trade which will continue into the festive season. By offering SID Instant EFT as a payment method, local merchants can significantly cut down on fraud and improve customer service.

Secure EFT Drives Confidence in E-Commerce

Secure EFT Drives Confidence in E-Commerce

“E-commerce is growing by leaps and bounds, but each business, whether large or small depends not only on great products and good delivery, but also on the trust of the customer to utilise online payment methods so the transaction can actually take place. If this trust is not there, they may as well close shop,” says Kyle Rozendo, CTO at SID Instant EFT.

Should South Africa be writing its own PSD2 regulations?

Should South Africa be writing its own PSD2 regulations?

Europe’s Payment Services Directive 2 (PSD2) is expected to come into force in January 2018. With some banking industry commentators referring to it as the biggest development in banking history, one has to wonder why South Africa has not already begun to follow suit.

Choosing the right payment vendor can help developers deliver

Choosing the right payment vendor can help developers deliver

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.