“[On the Super App], you can shop, you can pay and you can lend from there. So, we’ve jumped one step ahead because of the high banking culture in South Africa,” Joosub explains. “We already have things like virtual cards as well for online transactions… But we’re crafting our own definitions, we’re doing a lot [with the] merchants, as an example, where we have our own point of sale, and we process over R600 million ($34 million) of transactions every month on the platform. We’re doing lending, we’re doing ordering. There’s a whole lot; yes, it’s not M-PESA (Africa’s most-successful mobile money service), but it’s different.
“I think our purpose is, as we say, connecting for the better future, the emphasis being on connecting. When we started the company, we had a goal, which was to make sure that every South African at the time had access to a cell phone. And in that context, setting that big goal, we created prepaid.
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