Virtual card payments

Thanks to the internet (and a whole bunch of technology that’s way too complicated to explain here), shoppers are able to pay for goods and services virtually. Also known as online payments, virtual card payments have revolutionised the way we shop and do business.

For business owners, virtual payments make buying and doing business, easier and safer than ever.

Convenience factor aside, virtual payments eliminate several risk factors associated with in-person payments

To paraphrase author Aldous Huxley, we live in a strange new world, where one virus, in particular, has upended life as we know it.  The resultant increased germ vigilance also means a growing distaste for cash, shem.

Add opportunistic criminals to the mix and you’ve got a rock-solid case for using virtual payments as an alternative to cash.

As if that wasn’t enough, online payments are super convenient, enabling shoppers to pay from their device of choice – no sanitiser needed.

South Africans (and their wallets) are online

Recent research shows that we’re shopping like we mean it online. In fact. we’re so enamoured with e-commerce that we spent an eye-watering R30,2 billion in 2020. 

In the age of social distancing and on-demand services, shoppers are lassing the mall and clicking their way to a retail fix

For entrepreneurs (that’s you! )this means that an online store is no longer a nice to have, but a necessity. If you’re yet to brave the realm of selling online, the virtual payments of today make it super easy to set up shop on the world wide web.