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Black Friday 2017

in numbers

BankservAfrica processed a total of 4.7 million retail transactions and 260 552 online transactions on #BlackFriday 2017

Highest number of transactions processed per second: 195 (@ 09:22:12)
Power hour: 395 791 transactions processed between 16:00 and 17:00
R 2.5 billion worth of debit and credit card swipes in store

Image of cash in ATM dispensing slot
The BETI (BankservAfrica Electronic Transfer Index) is the broadest and earliest business cycle indicator on the economic calendar and gives the fastest overview of South African growth trends.
BankservAfrica Disposable Salary Index (BDSI), monitors how much cash salaried consumers have at their disposal and is released quarterly.
BankservAfrica Private Pensions Index (BPPI), provides an income gauge of monthly private pension payments paid into bank accounts of those 60 years of age and over.

BankservAfrica is recognised as a systemically important Financial Market Infrastructure by the South African Reserve Bank.   In 2014, the company undertook a self- assessment in terms of the Principles for Financial Market Infrastructure published by the Bank for International Settlements. This self-assessment report was submitted to the SARB in April 2014. Following a review by SARB, BankservAfrica has published in full the 2014 self-assessment.  Readers should note that the self-assessment report was concluded over two years ago and that many aspects of the organisation have changed.  BankservAfrica will publish a revised assessment annually.  The latest full report dated January 2017 is available below.
Download Full Report

Point of Sale and chip card
Integrated payment switch
TANGO is a transaction processing system for acquiring, routing, switching, authenticating and authorising transactions across multiple channels including ATM and POS.
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BankservAfrica Member Centre
Some of BankservAfrica's product offerings include web based user interfaces.
If your organisation has subscribed, please register here for access.

20-22 June 2018 SWIFT African Regional Conference 2018
(Venue: Kigali, Rwanda)
23-24 July 2018 PASA International Payment Conference
(Venue: Sandton Convention Centre)
22-25 October 2018 SIBOS 2018
(Venue: Sydney Australia)