eCommerce in South Africa
Payflex Introduces Online ‘Buy Now Pay Later’ Service in South Africa
Image sourced from Travel Money Oz Payflex has launched its buy now pay later online retail service to South Africa. The company – which has seen extraordinary popularity in Australia, the USA and Europe – lets users shop online and pay later, interest-free over six weeks. “Traditionally paying via instalments in South Africa has been associated with high-interest charges, as you are penalised for paying for the item over time,” says Paul Behrmann, CEO and founder of Payflex. “But by using Payflex, every purchase you make is interest-free. You’ll know exactly when each of the four interest-free payments is due and there are no hidden costs. It puts you in control of your finances.” Here’s how to use Payflex /* custom css */ .tdi_3_dee.td-a-rec-img{ text-align: left; }.tdi_3_dee.td-a-rec-im...
New Online Retail Platform Launches in South Africa
Netcash has partnered with Ecwid E-Commerce to launch Netcash Shop. Powered by Ecwid E-Commerce’s platform, Netcash Shop is expected to allow merchants to create a digital eCommerce store where they can sell their products. And thanks to the tight integration with Netcash’s Payment Gateway, merchants can accept a wide range of payments options. According to the companies, merchants who use Netcash Shop will pay half as much as those using alternative eCommerce platforms and shopping cart options. For companies that already have a website, a Netcash Shop shopping cart or shop can easily be added to a site built on a content management system like WordPress, Wix or Joomla. /* custom css */ .tdi_3_fb7.td-a-rec-img{ text-align: left; }.tdi_3_fb7.td-a-rec-img img{ margin: 0 auto 0 0; } Tho...
Unpacking the Digitalisation of South African SMEs
In just a matter of months, the COVID-19 pandemic struck the world at the speed of light. Most businesses weren’t prepared and were forced to adapt to extraordinary challenges in order to continue with business operations –whilst battling to stay afloat. In South Africa, many businesses have opted for mass work-from-home policies for their staff, as businesses navigate through new ways of working as a direct result of the pandemic. Digital transformation has become the enabler, propelling businesses into the future. Technologies like collaboration and online meeting software have become a necessity through the transition to digitally enable remote working. The acceleration saw a broader...
How COVID-19 is Driving eCommerce in South Africa
The COVID-19 pandemic has taken a serious toll on shopper behaviour, not only from a decline in spending but also in how they shop. With social distancing restrictions, a possible second wave of infections, and adaptations to new lifestyles, the crisis is driving more traffic to South African eCommerce merchants than before. Recently, the GetApp SA Customer Experience Survey asked South Africans how the pandemic is changing the way they shop – here’s what they had to say: How has shopper behaviour changed during lockdown? During the various levels of lockdown, there have been varying degrees of social and merchandise restrictions as well as depreciating disposable income. Many people can’t shop as they did before and this has led to 42% of people saying that they have spent les...
4 Tips to Securing your Safety while Shopping Online
With the start of lockdown in South Africa now over six months ago, certain behavioural and shopping trends have started to become clear. The extreme regulations necessary in Level 5 significantly contributed to an increased uptake in online shopping, and put eCommerce into the focal point as a viable way to buy everyday goods. Speaking in light of Cyber Security Awareness month OneDayOnly.co.za spokesperson, Matthew Leighton says that cyber safety is a big part of shopping online, but not nearly as scary or unknown as some may think. “E-commerce is no doubt starting to mature in South Africa. Our retail sales grew by 100% during lockdown and we are seeing an uptake in first-time users making it even more important for consumers to familiarize themselves with online safety. As soon as you ...
Telkom takes on eCommerce Partnership with Takealot
Image sourced from Bandwidth Blog Telkom has announced that a number of its products would now be available from Takealot.com. The companies believe that this new partnership will bring superior service and convenience to new and already existing Telkom customers. “This partnership with Takealot.com brings together a vision centred around one important stakeholder, the customer. The connectivity of our customers from the comfort of their homes during this pandemic has been our primary focus and with Takealot’s innovative e-commerce platform and success in customer service, we will leave no man behind. Our strategic partnership is sure to add much-needed comfort and value to our customers,” says Gugu Mthembu, Executive of Brand & Product Segments at Telkom. “Selected Telkom Prepaid...
South Africa’s eCommerce Market to Reach $3.5 Billion in 2020, says Researchers
eCommerce has broken barriers as a result of the global COVID-19 pandemic’s lockdown restrictions. Statista believes that the South African market will reach just over R62 billion this year, and show a compounded annual growth rate of 10% for the next four years. User penetration will be 37% this year and is expected to hit almost 51% by 2024. And even given the devasting impact of the national lockdown restrictions, which meant that online shoppers could order only “essential” items, 22% of a thousand South African adults surveyed in late April by Ipsos said they were using online shopping more frequently than in the month before, with 65% shopping less at a supermarket according to Nielsen figures released in early May. eCommerce and Consumer Trust “We’re seeing more and more people real...
4 Ways to Boost Your eCommerce Business
Sourced from IOL. South Africa’s eCommerce industry is booming as a result of retailers who were constrained from operating normally due to lockdown and safety restrictions. Now, with lockdown restrictions easing, the temptation is to throttle back on online efforts and go back to the ways of old. That would be a big mistake, believes Warrick Kernes, founder of the Insaka eCommerce Academy. “Previously the challenge with building an online store was creating a website and taking payments online or delivering a parcel overnight. Today, these challenges are largely solved, but now a new challenge has emerged due to the mass of sellers coming online,” says Kernes. /* custom css */ .tdi_3_d8f.td-a-rec-img{ text-align: left; }.tdi_3_d8f.td-a-rec-img img{ margin: 0 auto 0 0; } Here are four ways...
eCommerce Activity Reaches Record High – Offering Hope for Local Economy
Sourced from IOL. eCommerce is said to be providing a ray of hope for South Africa’s local economy with transactions hitting a record high in May and June. And, while there will be some levelling off, DPO South Africa says the new love affair with digital commerce is unlikely to fade in coming months, offering some relief in an otherwise grim economy. “The last weekend in May saw transactions per minute hit four times that of the busiest minute experienced during Black Friday last year. June was similar to May and we expect our monthly volumes for the rest of the year to settle at around 40 per cent higher than last year,” explains Peter Harvey, MD of DPO South Africa. According to Harvey, the adoption of eCommerce should be seen as a very positive sign after the depressing financial metri...
