BankservAfrica

Established in 1972, BankservAfrica is a pivotal financial markets infrastructure company that serves as the automated clearing house (ACH) and payment system operator for the South African banking sector. It is jointly owned by South Africa's major commercial banks and is responsible for clearing and settling billions of transactions annually, including electronic funds transfers (EFT), debit orders (DebiCheck), card transactions, and real-time clearing services. The company's mission is to provide trusted, efficient, and innovative payment solutions that enable a modern and interoperable financial ecosystem across Africa.