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paycorp.co.za

Stage

Acquired | Acquired

Valuation

$0000 

About Paycorp

Paycorp owns, deploys and operates almost 5,000 off bank premises ATMs in conjunction with eight Southern African banks. Paycorp also conducts businesses engaged in the installation and operation of credit and debit card terminals and the issuance of association-branded payment cards. Paycorp is a Visa certified independent provider of stored value prepaid card solutions and its businesses are South African Reserve Bank authorized system operators.In August 2013, Paycorp was acquired by Actis. The valuation of Paycorp was $95 million. Other terms of the deal were not released.

Paycorp Headquarter Location

12 Pongola Crescent Eastgate Ext 17

2199,

South Africa

+27 11 531 5300

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Latest Paycorp News

PaySett Corporation Expands Its Regional Payments Partnership with Republic Financial Holdings Limited

Aug 10, 2021

PaySett’s market proven PayBank® and PayCorp® payment solutions will provide key infrastructure to support the bank’s Caribbean expansion   PaySett Corporation a global provider of ePayment solutions and Republic Financial Holdings Limited (RFHL) announced an expansion of their partnership to include RFHL’s subsidiaries in the Eastern Caribbean and Sint Maarten. The partnership is expected to continue to increase electronic payments adoption in the region. PaySett’s CEO Benny Cooley commented, “Global and Regional financial institutions like RFHL are leading the way in financial services by standardizing payment software processing across multiple regions. PaySett provides software products PayBank and PayCorp to standardize electronic payment processing for regional banks utilizing the bank’s own internal cloud infrastructure environment. This allows a financial institution to better manage operational costs and to streamline the movement of money throughout its organization for their clients.”  PayBank® and PayCorp® are part of a suite of products from PaySett that allows for the processing of consumer, corporate, and government payments in a real time or batch environments. According to Mr. Cooley, “We have been collaborating with RFHL for over a decade bringing innovation to the payments space and we are very excited about further collaboration in the Caribbean region.”

  • What is Paycorp's latest funding round?

    Paycorp's latest funding round is Acquired.

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