South African Smes Show Strong Digital And Commercial Maturity: Mastercard Study

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south african smes show strong digital and commercial maturity mastercard study

South Africas small and medium enterprises SMEs are increasingly demonstrating real digital sophistication in the way they do business.

Thats according to the latest Mastercard SME Confidence Index, a multi-market study that captures the sentiment, priorities and growth outlook of SMEs across Eastern Europe, the Middle East and Africa EEMEA.

South African SMEs that participated in the studys survey demonstrate a strong digital foundation. Online payment acceptance is among the highest in the EEMEA region at 80, and most businesses already rely on dedicated business cards to manage their spending.