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Investec Ltd., known for serving high-net-worth individuals in South Africa, is expanding its business banking unit by launching a payments system for corporate clients to handle high-volume, low-value transactions. Utilizing the PayShap infrastructure, the new offering aims to enhance payment processing capabilities. Kuben Naidoo, the bank's head of corporate payments, brings extensive experience from his previous role at the South African Reserve Bank.
Investec Group
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investec expands business banking with new low-value payments system
08:09 07.11.2024
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