JOHANNESBURG - South Africans are saying goodbye to physical cards as they migrate to digital wallets and virtual cards.
Three major banks have released their recent financial results, showing the shift to the virtual world.
This method allows consumers to pay using their gadgets, whether phones or watches.
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Johan Brouwer from the National Financial Ombud Scheme discusses this growing trend.
"It's part of the broader push in financial services to digital migration," he said.
"For consumers, it's also more convenient."