Absa reshapes payments with virtual cards
Wednesday, November 12, 2025 | 330 Views |
New ideas: Mmoloki Modise demonstrating how the virtual card works at the recent launch of the Multi-Currency Prepaid Virtual Card
The cards are being hailed as the next step in fintech innovation and ease of access for banking customers.
Speaking at the launch on Tuesday, Godiraone Maokenyane, the bank’s Head of Strategy and Business Transformation explained the technology.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...