Absa has emerged as a digital frontrunner in small and medium-sized enterprise (SME) banking in Africa, transforming how businesses access, manage and utilise financial solutions. Its 2024 performance was distinguished by the rollout of a first-in-market digital onboarding journey that significantly simplifies how SMEs interact with the bank’s payment and merchant acquiring products.
Absa’s transformative multi-product merchant onboarding platform was launched across South Africa in 2024. The solution allows both new-to-bank and existing SME clients to apply for multiple products – including SmartPay, SmartMobi, Absa Mobile Pay and e-commerce solutions – simultaneously through a single streamlined digital process.
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