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Bizcommunity coverage: New payment methods show signs of growth

While card payments and EFTs are still dominant when it comes to online payments, making up 63.7% and 31.5% of payments respectively, the pandemic has seen consumer online payment habits change, with QR Codes carving out 3.5% – an increase of 178% – and mobile usage growing 55% growth in 2021. This is according to PayFast’s second annual Ecommerce Performance (PEP) Index, which launched online. To read more, click here.

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