South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises

Mastercard and Johannesburg-based fintech company SAVA have announced a partnership that will support small, medium, and micro enterprises (SMMEs) through innovative payments technology and infrastructure.

Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System (PTS), that includes digital bank accounts and accounting integration tools, helping them manage their company expenses more efficiently.