iPay Rebrands to Ozow
Tuesday, June 11, 2019
An instant EFT payment service provider, i-Pay, has announced that it changes its name to Ozow Secure Payments. Ozow is a payment option available at Emperors Palace and provides guests with an extra option of purchasing chips.
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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