, May 9 -- These findings were presented in a recent webinar presented by Arthur Goldstuck, CEO of World Wide Worx, in partnership with Mastercard, Peach Payments, and Ask Afrika.

Says Goldstuck, "The strategic shift towards competitive e-commerce offerings and enhanced customer engagement, including sophisticated AI-driven tools, has fundamentally transformed the retail landscape in South Africa."

Gabriel Swanepoel, country manager of Mastercard South Africa, who was also on the panel, commented: "Our collaboration has streamlined payment processes, making online shopping easier and more secure, thereby increasing consumer confidence and contributing to this growth."

Rahul Jain, CEO of Peach Payments, stressed the importance of paymen...