Standard Bank processed over 164,000 billion rand (USD 8.692 trillion) in payments in 2025 for its 20 million customers, approximately 300 million rand (USD 16 million) per minute. Individual payments totaled 2.3 billion, up 9% from 2024, while cross-border flows increased by 12%.
In a report published on Monday, March 30, the banking group claims a market share of 31% in South Africa and 17% across all its African markets, consolidating its position as the largest transactional franchise on the continent.
“Behind these figures lies an integrated and deliberate payment strategy, covering traditional infrastructures such as national electronic payments, card issuance, merchant acquisition, cash and collections, as well as emerging infrastructures,” said Margaret Nienaber, Chief Operating Officer of Standard Bank Group.
In East Africa, FlexiPay in Uganda generated 7 billion rand (USD 370 million) in electronic wallet and agent transactions, a growth of 99%. The bank connected its clients to the Africa-Asia corridor via CIPS, processing 9.5 billion rand (USD 503.5 million) since 2018, and launched a solution for incoming fund transfers in 2025, now available in four markets.
Standard also launched a distribution solution for incoming fund transfers in 2025, active in four markets.
In the digital assets field, the blockchain-based Aroko platform processed over 1 trillion rand in cross-border flows. Standard Bank partnered with ZARU for a rand-denominated stablecoin, with a reserve custody solution planned for 2025.
