Standard Bank, Africa's largest banking group, collaborated with Visa Cross-Border Solutions to create Shyft, a digital-first app offering innovative cross-border payment solutions. Shyft allows users to instantly buy foreign exchange and invest in top US shares, supporting multiple currencies for efficient, low-cost transactions worldwide. Launched in 2017, Shyft rapidly attracted over 200,000 users, with 40% new to Standard Bank, processed over 160K payments, issued 120K virtual cards, and handled over US$1.2bn in FX purchases, significantly reducing processing costs and enhancing Standard Bank's competitive edge.

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