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Why You Need A Card Machine In Your Business Today
85% of South African consumers prefer card or mobile payments over cash.
31 Mar 2025
The way consumers pay for goods and services is changing rapidly, and South Africa is no exception. With the rise of digital banking, mobile payments, and contactless transactions, businesses that resist the shift to cashless payments risk falling behind.
The Rise of Cashless Payments in South Africa
Recent statistics highlight the growing trend towards cashless transactions:
According to the South African Reserve Bank (SARB), card payments accounted for over 60% of all non-cash transactions in 2023.
A Mastercard study revealed that 85% of South African consumers prefer card or mobile payments over cash.
The Global Payments Report by Worldpay predicts that cash usage in South Africa will drop to just 10% of all transactions by 2027.
These numbers make it clear: businesses that don’t adapt to cashless payments risk losing customers who expect fast, secure, and convenient payment options.
Why Your Business Should Go Cashless
Enhanced Security – Reducing cash handling minimises theft and fraud risks.
Faster Transactions – Card and contactless payments speed up checkout times.
Better Customer Experience – Modern shoppers prefer tap-and-go or mobile payments.
Improved Cash Flow – Digital payments settle faster than bank deposits.
Access to Data Insights – Track sales trends and customer spending habits effortlessly.
How Tosa Pay Can Help Your Business Transition Smoothly
At Tosa Pay, we make it easy for South African businesses to accept card payments with our reliable, affordable, and user-friendly card machines. Whether you run a retail store, restaurant, or service-based business, our solutions are tailored to your needs.
Why Choose TosaPay?
✅ Competitive Rates – Low transaction fees at 2.55% to maximise your profits.
✅ Fast Setup – Get approved quickly with minimal paperwork.
✅ Secure & Reliable – PCI-compliant devices with 24/7 support.
✅ Multiple Payment Options – Accept debit/credit cards and contactless.
Don’t let your business get left behind—embrace the cashless revolution today!