Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Binance Pay goes live at 31 000 South African merchants with 50% cashback launch
    Cryptocurrency

    Binance Pay goes live at 31 000 South African merchants with 50% cashback launch

    September 10, 20253 Mins Read


    Beyond Zapper, Binance Pay is also available at other popular merchants such as Pick ‘n Pay and Bootlegger.

    Binance Pay has extended its reach in South Africa, enabling cryptocurrency payments at over 31,000 merchants nationwide through its integration with Zapper. This development allows consumers to use digital currencies for everyday purchases at various establishments, including FlySafair, Dischem, KFC drive-throughs, and Yuppiechef.

    Beyond Zapper, Binance Pay is also available at other popular merchants such as Pick’n Pay and Bootlegger.

    To mark the rollout, Binance Pay is offering 50% cashback on all transactions at participating merchants starting 9 September 2025.

    “Binance Pay is about giving South Africans freedom and flexibility in how they spend their money,” said Yande Nomvete, representative for Binance South Africa. “Through our partnership with Zapper, tens of thousands of merchants are now available to users, and the cashback promotion encourages first-time crypto payments.”

    Mike Bryer, CEO of Zapper, added, “Our collaboration with Binance Pay enhances the payment options available to our extensive merchant network, facilitating seamless and secure transactions for both consumers and businesses.”

    Enabling Seamless Payments

    The rollout is supported by MoneyBadger, a South African fintech that simplifies cryptocurrency payments for businesses. This partnership allows merchants to accept cryptocurrency seamlessly, with settlements in South African Rand, helping both consumers and businesses participate in the growing digital payments ecosystem.

    For Zapper merchants, users should request to pay with Zapper and then scan the Binance Pay QR code from their Binance app (Lite mode, top-right corner). First-time users must set up a Pay PIN and complete email and app verification, while returning users can pay quickly using their PIN or face verification.

    Driving crypto adoption in South Africa

    Over the past few weeks, Binance has seen a significant surge in South Africa, with tens of thousands of new users signing up and a rapid increase in transactions. The expansion reflects a broader trend of crypto adoption in the country, where consumers are exploring digital currencies as part of everyday payments.

    Globally, Binance Pay’s merchant network now surpasses 63,000 merchants accepting crypto payments, and the platform has processed over 300 million transactions to date.

    Industry Trends and Market Insights

    A Mastercard-commissioned report estimates the continent’s digital payments economy will reach $1.5 trillion by 2030, driven by mobile wallets, digital banking, and fintech innovations.

    In South Africa, card payments are projected to exceed $158 billion in 2025, reflecting a shift from cash to digital transactions. Additionally, the South African Reserve Bank’s Payment Ecosystem Modernisation (PEM) initiative aims to make digital payments faster, simpler, and more secure.

    Cryptocurrency adoption is also rising. According to Chainalysis, Africa experienced the fastest relative growth in crypto users in 2025, with a 52% increase in on-chain crypto activity, led by countries including Kenya and South Africa

    Content supplied by our select Partners and paid for content ad advertisement.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Will Budget 2026 provide clarity on cryptocurrency taxation, simplify compliance?

    Cryptocurrency

    PayPal and NCA Survey Shows Rising Merchant Adoption of Cryptocurrency Payments

    Cryptocurrency

    Coinbase adverts banned in UK for suggesting crypto could ease cost of living crisis | Cryptocurrencies

    Cryptocurrency

    Guide for Indian Players 2026

    Cryptocurrency

    A Guide for Indian Gaming Fans

    Cryptocurrency

    Japan Prepares to Launch Cryptocurrency ETFs by 2028 as Institutional Adoption Accelerates

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    Nepal Southern Agricultural Science and Technology Park inaugurated

    Investments

    Chartered Retirement Plans Specialist Explained: Certification, Exam & Benefits

    Precious Metal

    Gold IRA Pros and Cons: 2025 Guide Released

    Editors Picks

    The Value Of Commodities In A Classic Stock-And-Bond Portfolio

    May 17, 2022

    Nedbank to acquire fintech iKhokha for R1.65bn

    August 13, 2025

    Performances & Cotations, Cours IMIMF Bourse OTC Markets

    March 4, 2025

    Harmony Gold d’Afrique du Sud va acquérir Mac Copper d’Australie pour 1 milliard $

    May 27, 2025
    What's Hot

    BRI investments hit new high

    August 1, 2025

    OmniRetail lève 20 millions $ pour accélérer sa croissance en Afrique de l’Ouest

    April 28, 2025

    Franchissement de seuil statutaire par Esta Investments

    July 4, 2025
    Our Picks

    Mapped: UK’s property value hotspots for buyers

    December 31, 2025

    Venezuelan bonds surge as Trump administration ‘plays hardball’

    October 14, 2025

    Kerry Katona reveals she will continue working on OnlyFans into retirement after making millions and says a celebrity pal almost 70 wants to sign up

    December 6, 2025
    Weekly Top

    PayPal and NCA Survey Shows Rising Merchant Adoption of Cryptocurrency Payments

    January 28, 2026

    Gold, Silver Rates Today LIVE: MCX gold price nears ₹1.74 lakh, silver price gets costlier by ₹22,500 per kg

    January 27, 2026

    Pension funds urged to back alternative investments

    January 27, 2026
    Editor's Pick

    Homme le plus riche d’Afrique du Sud, Johann Rupert

    June 2, 2025

    Is digital banking safe? How to earn higher interest rates without risk

    December 4, 2025

    XRP Mining Releases Cutting-Edge Mobile Platform for Passive Cryptocurrency Income

    July 15, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.