Wire · regulatory
Reserve Bank ends self-regulation in payment system overhaul
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Fusion42 · 15 August 2026 · Fusion42 review
The South African Reserve Bank (SARB) is ending the Payments Association of South Africa’s (Pasa) role as the self-regulating payment system management body, centralising rule-making and licensing functions within the Reserve Bank and PayInc to promote faster, cheaper digital payments and financial inclusion.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 15 Aug 2026 and 16 Aug 2026.
◆ ◆ The Wire takeaway
You face a central bank that now controls payments rule-making and licensing, ending the industry’s self-regulation. Act fast to align your product compliance and partnerships with the Reserve Bank and PayInc’s evolving standards or risk losing market access.
◆ Coverage
2 sources · first reported 15 Aug 2026 · latest 16 Aug 2026
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