Capitec Pay caps commission fees at $0.37, driving e-commerce growth
Capitec Bank's decision to cap Capitec Pay commission fees at $0.37 per transaction aims to support businesses and boost South Africa’s expanding e-commerce sector.
Capitec Bank's decision to cap Capitec Pay commission fees at $0.37 per transaction aims to support businesses and boost South Africa’s expanding e-commerce sector.
As Capitec Bank’s CEO, Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
Fourie holds a 0.89-percent stake in the leading retail bank, equivalent to 1,027,673 ordinary shares.
This uptrend adds to his previous gains, with his stake increasing by $8.6 million between Jan. 4 and Mar. 9.
Fourie’s stake in Capitec Bank has risen by R2.16 billion ($8.63 million) over the past 65 days, solidifying his position among South Africa’s top executives.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank.
Fourie, Capitec Bank’s CEO, owns a 0.89-percent stake in the leading retail bank, or 1,027,673 ordinary shares.
Fourie has effectively held the reins as group CEO and executive director of Capitec Bank Group since his appointment in March 2014.
Fourie, who is the retail bank’s CEO, possesses a notable 0.89-percent stake in the bank, or 1,027,673 ordinary shares.
Fourie owns a beneficial 0.86-percent stake in the Stellenbosch-based banking group.
Fourie, the current CEO of Capitec Bank, has received millions of dollars in compensation from the bank since joining the leading financial services provider in 2014.