| Characteristic | Volume of electronic transactions in millions |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
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Source
Source
Release date
June 2025
More information
Region
Africa, South Africa
Survey time period
2019 to 2024
Supplementary notes
Figures have been rounded.Ìý
According to the source, banks refer to those licenced with the Banks Act No. 94 of 1990, encompassing institutions such as former banks, discount houses, and equity building societies.
The source notes that, electronic fund transfers processed during the period included all electronic payments, such as salary deposits and interbank debit and credit transactions, excluding intrabank transfers. Real-time clearing and early debit orders were incorporated from January 2010. However, early debit orders were discontinued on 31 October 2021 and fully phased out by June 2022.
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