Paycorp Payment Services

A payment service provider can be described as an entity that offers shops online services for accepting electronic payments by a variety of payment methods including credit card, bank based payments such as direct debit, bank transfer and real time bank transfer based on online banking. Furthermore, a full service payment services entity can offer risk management services for card and bank based payments, transaction payment matching, reporting, fund remittance and fraud protection in addition to multi-currency functionality and services. One business organisation which is standing as a perfect example in this regard is Paycorp payment services.

Established in 1998, operating in eleven countries and employing over 500 people, Paycorp was formed with a vision of being a leading provider of payment solutions in emerging markets.This fast growing business organisation believes in innovation, personal development, accountability, service excellence, transparency, integrity and respect.The service bouquet can be divided into ATM solutions, EFTPOS, DrawCard, Tutuka, Kazang and ProtectPay.

ATM Solutions deploys and operates over 5000 independent ATMs across Southern Africa, through wireless and solar technology, ATMs can be installed anywhere. EFTPOS has designed to provide credit and debit card terminals to small and medium sized businesses in South Africa. DrawCard is all about reloadable cards.Through these reloadable cards, under-banked consumers can be empowered by giving them access to a financial payments system in a way that is secure, convenient and cost effective. Tutukas primary responsibility is to develop and mantain a prepaid processing platform tailored for developing market conditions.Through Kazang, retailers can sell prepaid airtime, data bundles and electricity and offer a range of bill payments and mobile wallet top-ups. ProtectPay is an escrow service which means that it is a trusted third party that holds the money safely until the trade is complete.

Paycorp can be contacted on 0115315300.