South Africa's Yoco is expanding its services beyond payment processing through a new artificial intelligence deal. This development is part of a broader discussion that includes the Central Bank of Nigeria's data localisation rule, which has raised concerns within the fintech sector, and Visa's plans to integrate AI for shopping with cards in South Africa, according to Techpoint Africa.

Payments company Visa has outlined its plans for integrating AI agents, enhanced tokens, and blockchain technology into the future of commerce, indicating a significant transformation in the shopping experience.

Payaza has introduced Shopaza, an eCommerce platform that is now operational in 23 countries across Africa, North America, and Europe. The platform utilizes Payaza's proprietary payment infrastructure to facilitate instant settlement for transactions.

Xpress Payment Solutions Limited plans to leverage emerging technologies like Artificial Intelligence (AI) and the Internet of Things (IoT) for its next growth phase, following a decade of processing transactions worth trillions of naira. The announcement was made by the company's Managing Director and Chief Executive Officer, Mr. Wale Olayisade.

Tyms AI has launched a human-first AI platform designed to enhance the operations of medium and enterprise businesses. This platform integrates AI software and intelligent agents to manage daily tasks in areas such as finance, sales, marketing, and customer service, allowing teams to concentrate on more strategic, judgment-driven work.

Pick n Pay has launched an AI assistant as part of its strategy to reclaim market share from the Checkers Sixty60 app. Meanwhile, Woolworths is expanding its operations with the addition of another 'dark store'.