PYMNTS-MonitorEdge-May-2024

South African Pay2Cell To Include Cross-Border Payments

South Africa’s First National Bank’s payment service Pay2Cell has expanded to include cross-border payments to Swaziland and Lesotho, according to SouthAftica.info. Pay2Cell was launched in 2011, and allows customers to make payments within FNB accounts using only a recipient’s mobile number, the news source adds. Pay2Cell has seen a 400 percent increase in transaction values since it was first introduced.