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The Women Making Waves in the FinTech Industry

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Women have always played a crucial role in the financial services sector and in tech. In fact, Ada Lovelace was the first person to publish an algorithm for the modern computer. However, men have historically enjoyed greater credit and acclaim. Still, the technical and strategic contribution of women, over the course of the last few […]

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Changing the Payment Culture in South Africa

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While it is not unusual for the giant corporations to play down the significance of small to medium-sized businesses, any dismissal of this sector is far from justified. Those who may doubt the importance of these more modestly-sized enterprises should note that, collectively, SMEs already employ close to half of the nation’s total workforce and […]

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Bridging the Tech Gap Financial inclusion in Africa

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As society navigates a new digital landscape, encompassing multiple spheres of everyday life, minor tweaks to existing consumerism and social interaction dynamics have become increasingly necessary. For many, the digital migration has been a seamless shift from brick-and-mortar to online and mobile purchases. But what about the millions of Africans that are financially left out […]

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 […]

Press Release

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 […]

Press Release

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 […]