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Card issuing · Africa

Does Rain work in South Africa?

Partly.

Rain is limited for businesses registered in South Africa: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

What a business in South Africa can use

Rain’s products, for a company incorporated in South Africa.

Accept paymentsNot offered

Rain does not offer this.

Pay people abroadNot offered

Rain does not offer this.

Multi-currency accountNot offered

Rain does not offer this.

Business cardsLimited

Virtual and physical cards funded from stablecoin balances, for consumers or businesses, with issuing, processing and program management under one contract.

StablecoinsLimited

Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.

Yield on idle cashNot offered

Rain does not offer this.

Rain issues as a principal card network member, without a sponsor bank, and reports card programs in 100+ countries. Whether a program can launch depends on where the company and its cardholders are.

Onboarding confidence: low. Source: Rain cards. Everything about Rain

Alternatives in South Africa

Other providers that serve businesses registered there.

Selling to South Africa

How people there prefer to pay online.

  1. 1Visa / Mastercard
  2. 2Instant EFT (Ozow)
  3. 3Capitec Pay
  4. 4SnapScan / Zapper

Stablecoin rules in South Africa

Moderate riskRules in progress

Stablecoin rules are being written and may change.

Rain’s stablecoin products are available to businesses here.

Everything about 🇿🇦 South Africa →

Common questions

Does Rain work in South Africa?

Partly. Rain is limited for businesses registered in South Africa: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which Rain products can a business in South Africa use?

business cards and stablecoins, with limits.

What are the alternatives to Rain in South Africa?

Providers that onboard businesses registered in South Africa: PayPal, Payoneer and dLocal. With limits: Bridge and BVNK.

Can a business in South Africa use Rain for stablecoins?

Yes, according to our data. Stablecoin rules in South Africa: Rules in progress (moderate risk). Crypto assets are legally financial products, and providers need an FSCA licence. There is no specific regime for stablecoin payments yet.

Rain elsewhere in Africa

Other providers in South Africa