The start of year found PayShap firmly embedded in any payment conversation. When it launched in 2023, everyone in the landscape was asking: would it scale effectively, would consumers embrace it and would banks fully participate? Now, at the end of 2025, consumer interest has grown. But are transaction volumes as expected. Operated by PayInc (formerly BankservAfrica), PayShap has processed more than 461 million transactions worth about R403-billion since its debut.
