ReleaseWire Connect

In addition to using PayU to securely speed through checkout at some of South Africa’s leading online stores, this new service offering will greatly benefit consumers and is easy, safe and convenient.

“Traditionally, South Africa has always been out of step with global patterns regarding public holidays". In the US and Europe, online sales spike during public holidays as people shop from home. However, locally, South Africans have done their online shopping on normal business weekdays, transacting during office hours by accessing the internet from their workplace.

The World Wide Web, together with other ICT enabling technologies, has made it increasingly easy for companies to conduct business online. However, the expansion of the digital environment has also brought with it an additional development: the potential for any individual to have a commercial presence.

According to recent research from Direct Line for Business (“DL4B”) in the UK, one in six Britons are operating as an ‘online business from home’ – making their own products to sell for profit, or purchasing goods to resell. DL4B has termed these companies ‘home webtailers’ - a development stay-at-home parents are finding especially beneficial.

Research conducted by the Digital Media Marketing Association shows that internet penetration has grown from 15% of the population in 2008 to 39% this year. According to the recent MasterCard online shopping survey, the revenue from online retail (excluding airline tickets) has grown from R2.6 billion in 2011 to R3.3 billion in 2012. This looks set to exceed R4.2 billion at the end of 2013.

ReD, a leading global provider of fraud prevention and payment services, has announced the launch of its ReD Shield® online fraud prevention service for PayU South Africa, a prominent online and mobile payments provider in the region.

The Payments Association of SA (Pasa) announced that private credit card and banking details have been leaked during a breach at a company which processes online transactions for a number of large online merchants.

PayU is a leading online payment provider in South Africa and has recently partnered with Discovery enabling them to offer Discovery Miles as a secure payment method to Discovery approved online stores.

Johannesburg, South Africa – The Blue Bulls could be more popular than the Stormers, more South Africans would rather read Victor Matfields’ biography than Steve Jobs’ and Valentine’s Day does mark an increase in online sales, but not necessarily for Valentine’s Day related products. This is just to mention a few of the online buying trends released by PayU merchants Kalahari.com and Look & Listen.

PayU, a Naspers-owned mobile and online payment service provider, has been awarded PCI DSS Level 1 certification - demonstrating the company's commitment to protecting the security of online shoppers' card data. The PCI DSS is a set of comprehensive safety requirements that payment gateways need to comply with to ensure that all cardholder data is always stored, processed and transmitted securely.