The future of payments

masterpass_2We often feel that South Africa is on the tail end of technology, with the latest and greatest only gracing our shores after a year or two. However, the technology divide has been bridged and South Africa is now on the cutting edge.

Paying for items has always been the same old thing, either with hard earned cash or credit cards but did you ever think that other options would be available? Masterpass has officially launched in South Africa, which offers consumers a digital wallet that can be used to make payments. This service has been brought to market by the popular MasterCard financial services and offers a secure way of making online purchases. The digital wallet is an application that is available on Apple, Android and Blackberry app stores.

This will basically push the boundaries of online shopping in South Africa as more people become confident in shopping online, a statistic that is still dwindling in South Africa.

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