E-Commerce

Online shopping will never be the same after the coronavirus pandemic. The pandemic has accelerated the shift towards a more digital world and triggered changes in online shopping behaviors that are likely to have lasting effects.

It's being reported that there was a 93% growth in in-app purchases between April and May 2020 in South Africa, following the COVID-19 lockdown at the end of March 2020.

While challenges to adoption still exist, both in terms of customer preferences and inefficiencies in the market, e-commerce is beginning to generate traction both because of necessity and the presence of enabling technologies.

Mastercard's new solution will allow small businesses to accept touchless payments on their smartphones at no additional hardware costs. It also comes with a plug-&-play e-commerce store builder.

It is hoped that the recently launched Tafari App by Tafari Capital will address the issue of financial inclusion by providing an easy way for both small businesses and individuals to enter the formal financial services sector.

Dr. Thabo Lehlokoe, Executive Chairman of Tafari Capital, a company in South Africa that has recently launched the Tafari App which allows individuals and businesses to set up their online shops and sell to consumers., is a guest on this episode of iAfrikan BYTES.

Now more than ever, online shopping has become an essential in our daily lives. You don’t have to leave your house, the bargains are plenty, and shipping is fast and right to your doorstep.