Business · South Africa
FNB lowers Speedpoint fees, supports small business payments
TechCentral · 2026/03/04
Summary
FNB has reduced the fees it charges for using Speedpoint card payment terminals, making it cheaper for businesses to accept card payments. They have also simplified the pricing system, which helps small and medium-sized enterprises (SMEs) understand their costs more easily. This move aims to encourage more businesses to use FNB Speedpoint machines for payments, boosting convenience for both sellers and customers. By positioning these terminals as platforms for SMEs, FNB is supporting smaller businesses in growing and managing their finances more efficiently. Lower costs and easier pricing can help business owners improve cash flow and reduce expenses, which is especially helpful for those operating on tight budgets.
OnABudget takeaway: Lower card payment fees and simpler pricing from FNB means small businesses can save money and better control expenses. This helps entrepreneurs keep more of their earnings and manage payments smoothly.