Ozow

What is Ozow?

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Founded by techpreneurs Thomas Pays, Lyle Eckstein, and Mitchan Adams in 2014, Ozow has grown into a world-class digital payment platform that simplifies transactions for customers and merchants. Designed to reinvent the typically cumbersome inter-bank payment process and provide an attractive alternative to the entrenched payment solutions that have historically been available, Ozow removes the […]

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Alternative payment provider i-Pay (Ozow) saves Black Friday for local retailers

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Even though South African retailers had braced themselves for Black Friday, the onslaught on systems still resulted in all the major payment mechanisms buckling under the pressure. Once again, automated EFT payment provider i-Pay (now known as Ozow) had remained 100% available and completely stable while taking on the additional transactional volumes – without any […]

Ozow

Corporate profile – Thomas Pays, Co-Founder and CEO of Ozow

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From selling Ferraris in France, French-born Thomas Pays has now become one of South Africa’s most affluent serial techpreneurs. Arriving with a little more than a dream and R500 in his pocket, Pays was quickly struck by the South Africa’s vibrant people and potential for business innovation. Even though it initially took some convincing from […]

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Examining payment trends for 2019

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As is evident by the successes achieved during Black Friday 2018, alternative digital payment solutions, such as automated EFT, are set to continue driving innovation and change in the global marketplace. Deloitte anticipates that trends-driven product commoditisation and convergence will encourage payment organisations and fintechs to reassess their current market positions. The firm argues that […]