Experience Streamlined Digital Transactions with Absa Pay through Ozow
Embrace the Future of Payments
Introducing Absa Pay through Ozow - an innovative payment solution designed to advance your digital transactions. Discover improved completion rates, superior security, and a simplified payment flow that drives your business into the next generation of commerce.
Why choose Absa Pay ?
Consumers
Merchants
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How Absa Pay works
Secure, Safe, and Simple
Absa Pay streamlines the payment process. With just your Absa account number and the Absa app on your smart device, you can execute transactions securely. Follow the user-friendly prompts for an optimal user experience.
Experience the Future of Payments
How to use Capitec Pay?
Capitec Pay is safe, secure and easy. While one or two steps might have changed, we’ve just made the process more intuitive than ever.
Customers no longer need their banking details – with Capitec Pay you only need your mobile number, the Capitec banking app, and a smart device. After using your mobile number simply follow the prompts.
Absa Pay payments FAQs
Absa API is a secure and innovative solution that streamlines online payments. It leverages a direct connection between Absa and Ozow, eliminating the need to share your sensitive account details with third-party websites.
In line with the South African Reserve Bank's (SARB) Vision 2025, Absa has initiated its Open Banking venture – Absa Pay. Absa Pay is a fresh payment approach introduced by Absa for Ozow customers. This solution eliminates the requirement for clients to utilise remote banking credentials for payment purposes. Instead, they can employ their account number as their bank identifier and their banking app for authorisation.
Once you have chosen to pay with Ozow at the merchant checkout, simply opt for the Absa Pay and proceed by inputting your account number. You will then get a notification from Absa through your Absa Banking App to authorise the payment.
If you did not receive the notification:
1. Sign into your Absa App
2. Open the menu options
3. Select Authorisations and Approve the transaction
No additional integration will be required.
Certainly, merchants have the option to not use the Absa Pay. However, by opting out, your consumers will be using bank automation instead of the more secure and efficient Absa Pay.
If you wish to opt out of using Absa Pay, kindly send an email to support@ozow.com notifying us of your decision.
No, Ozow will aggregate funds on your behalf and settlement will occur once a day. This will be done at 15:00 on weekdays and 08:00 on Saturdays. No Settlement happens on Sundays or Public Holidays.
As with our standard Pay-by-Bank products, these transactions and statuses are updated in real time on the Ozow Merchant dashboard.
Settlement of funds for Absa transactions will occur once a day on weekdays at 15:00 and 08:00 on Saturdays.
No settlement occurs on Sundays or public holidays.
Your personal Absa payment limits apply.
