Dear Client
We have partnered with instant EFT solution Ozow, to bring you an additional and easier way of transacting online from the comfort of your home, by using your smartphone to make payments. Please note: Should you choose to pay your NRE account via Ozow, the payment will reach NRE instantly and you agree to a 1.5% + VAT transaction fee to be charged on your next statement.
No need to register with Ozow to pay nor download any app, simply use your existing cellphone/online bank details to pay via Ozow.
How to pay with Ozow:
You will find a QR code on your statement and a link in the statement email, balance sms or on our App and website. Follow the link and then follow the prompts:
Ozow is a seamless, hassle-free and instant method of settling your outstanding account, making the loading process quick and easy within seconds. Ozow allows you to make payments from any of your online bank accounts e.g. savings account, credit card account, cheque account, etc. offering you to make payments with any of the 8 major banks in South Africa.
All you need to pay via Ozow is an online bank account. The payment is made immediately (no need to email us a proof of payment), allowing us to process your payment faster.
Founded in September 2014 By Thomas Pays(CEO), Lyle Eckstein and Mitchan Adams
Branding:
Ozow formerly known as i-Pay Instant EFT is a seamless, hassle-free and instant method of paying for your transaction, making the loading process quick and easy within seconds. It allows you to pay for the transaction from any of your bank accounts e.g. savings account, credit card account, cheque account, etc. The payment is made immediately (no need to email a proof of payment), allowing us to process your payment faster.
Safety:
Ozow cares about your privacy. As a responsible payment solutions service, secure processing of your personal information is of utmost importance to us. As such, we ensure that we process your personal information in keeping with laws and regulations that are aimed at protecting the integrity of your personal information. Ozow has taken an extremely cautious approach to security by being registered as a Systems Operator with the Payment Association of South Africa (PASA) and by being PCI DSS Level 1 compliant with an EV SSL certificate issued by Thawte under which traffic is encrypted between users and servers so as protect against interception of your sensitive data.
i-Pay, has announced that it changes its name to Ozow Secure Payments.
Ozow’s service is applied in six major banks in South Africa, including Absa, First National Bank, Nedbank, Standard Bank, Capitec and Investec.
Both merchants and consumers will experience the advantages of automated EFT payments, especially on shopping seasons like Black Friday and Christmas where SA’s online retailers encourage consumers to use alternative payment methods like EFT in order to maintain service and meet high customer’s demand.
“EFTs are reliable, quick and completely trusted and secure. Our merchants have reported that consumers are embracing them over more traditional methods such as credit or debit cards, particularly during busy shopping periods,” CEO Thomas Pays said.
Besides being available in South Africa, Ozow’s EFT service is also available in Namibia with future plans to expand to Mauritius and Ghana this end of the year. Furthermore, in 2020, the company also plans to expand its service to Nigeria and Kenya.
“As technology and the digital economy evolve, we need to keep leading innovation. We look forward to sharing new services and innovations with local and African merchants and consumers,” Pays concluded.
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