Paycorp Holdings is a diversified Southern African Payments Group working across all major payments streams; including ATM, card issuing and POS. Paycorp has the largest third party financial transaction switch in Southern Africa, connecting to the majority of Southern African banks and is a VISA 3rd party processor.
Through its focused subsidiaries, (ATM Solutions, EFTPOS and DrawCard), Paycorp operates nationally, employing more than 350 people and is a SARB authorised South African System Operator.
ATM Solutions
ATM Solutions was founded in 1999 and pioneered independent deployment of ATMs in South Africa. Today ATM Solutions owns and operates over 4,000 ATMs nationally. Its product suite covers the full operational infrastructure, including site acquisition, deployment, transaction processing, cash-in-transit, treasury, maintenance and back-office administration. ATM Solutions provides ATM services to nine Southern African banks.
EFTPOS
EFTPOS is an independent provider of merchant services terminals. Their multi-function devices are targeted primarily at small and medium sized enterprises. Services include core debit/credit card acquiring as well as a host of value added transactions such as airtime, prepaid electricity and bill payments. EFTPOS operates nationally and is a Hypercom African master reseller.
DrawCard
DrawCard is a leading issuer of closed-loop and association branded cards. Programs include gift cards, payroll cards, instant issue debit cards, insurance replacement cards and incentive cards. DrawCard is a VISA third party processor and provides it’s offering through sponsorship via five South African banks.