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Shoprite Acquires R&A Cellular to Push Fintech Into Informal Retail Sector
Shoprite's acquisition of R&A Cellular, which operates point-of-sale systems in spaza shops, is being contextualised as part of a wider corporate race by South African retail giants to capture fintech positioning in the informal sector. The deal is described as a meaningful step toward integrating unbanked informal traders into Shoprite's payments ecosystem.
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- Shoprite Joins South Africa’s Corporate Scramble for a Fintech Edge · launchbaseafrica.com · T1