WHAT WE DO
Our Objectives
Our Objectives
Our Object
ASAPP is committed to fostering a collaborative approach to achieve the objectives outlined in SARB’s Vision. By ensuring fair access to payment infrastructure and digitalisation incentives, reducing the wholesale cost of digital payments, and enhancing customer mobility and transparency, ASAPP aims to make significant contributions towards a more inclusive and efficient payment ecosystem.
ASAPP is committed to fostering a collaborative approach to achieve the objectives outlined in SARB’s Vision. By ensuring fair access to payment infrastructure and digitalisation incentives, reducing the wholesale cost of digital payments, and enhancing customer mobility and transparency, ASAPP aims to make significant contributions towards a more inclusive and efficient payment ecosystem.
ASAPP is committed to fostering a collaborative approach to achieve the objectives outlined in SARB’s Vision.
By ensuring fair access to payment infrastructure and digitalisation incentives, reducing the wholesale cost of digital payments, and enhancing customer mobility and transparency, ASAPP aims to make significant contributions towards a more inclusive and efficient payment ecosystem.
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The alignment between ASAPP's three key focus areas and the South African Reserve Bank's (SARB) seven strategic focus areas highlights areas where ASAPP aims to make a meaningful contribution, emphasising shared goals and opportunities for collaboration.
Leading the evolution of digital payments
Fair Access
ASAPP will advocate for removing barriers that prevent non-banks from directly participating in the National Payment System and seek fair competition conditions in providing merchant-facing PayShap solutions.
Reduced Costs
ASAPP welcomes the SARB’s stated intention to review Interchange, and we stand ready to contribute to that review.
Customer Mobility
ASAPP will advocate for enhanced transparency and consumer choice, enabling customers to make informed decisions and switch providers without undue costs.