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Rising banking transaction volumes, falling real transaction values in SA - Codera Analytics

Rising banking transaction volumes, falling real transaction values in SA

South Africa’s SAMOS system is owned by the South African Reserve Bank and facilitates the settlement of domestic payment transactions. The volume of transactions have increased strongly since 2016, the value of transactions has not kept up with inflation.

Footnote

The break in data between 2017 and 2018 reflects non-availability of data from SARB. The payment authority did not respond to our data request.