BankservAfrica (Saswitch inventor) is still at it, changing the way we pay

Technology has revolutionised payment systems.

People without bank accounts can increasingly participate in the economy.

The Money Show’s Bruce Whitfield interviewed BankservAfrica CEO Chris Hamilton for his weekly “The Science Of” feature.

BankservAfrica facilitates interbank transactions.

The company is, probably, most well-known for its Saswitch brand.

A world first in the 1980s; Saswitch allowed remote ATM access via any institution's clients with any other institution's ATM, regardless of network protocol.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

South Africa’s payment system is still world class. In 2000 it was the best in the world.

Chris Hamilton, BankservAfrica

It’s got to be fast and extremely reliable.

Chris Hamilton, BankservAfrica

People think Bitcoin can fundamentally change the economic relationships we have. I’m a sceptic.

Chris Hamilton, BankservAfrica

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