E-Commerce is making steady progress in South Africa’s retail market – this online style of trade has created such a buzz that all businesses are looking at having a web-presence to further compete and extend their market scale.

South Africa’s online spend is projected to grow to over 53 billion Rand by 2018. This accounts for 1% of the country’s retail sector as a whole and indicates immense potential for growth and opportunity.  Internet user penetration is expected to reach 60% by 2021 although it currently stands at 47%. Mobile penetration is 65% thus showing that the tools facilitating e-commerce are heading in the right direction.

South Africa is one of the few African countries that are still big on bank and card payment usage ; these payments are usually made through Capitec bank, ABSA, Nedbank,FNB bank and others.

E-commerce platforms are now able to compete with physical shops in South Africa because of the convenience they avail the customer when buying merchandise.

How is this done

Through Dusupay, e-commerce gets easier because online shoppers get to pay at the convenience of whatever bank or card payment system they choose to use.

Dusupay helps e-commerce platforms collect payments from the various banks in South Africa and provides the funds on a prefered payment system.

This way, such platforms get to focus on building their brand as a reliable service collects their payments for them.