Thursday, February 23, 2012

Paycorp Holdings

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.

Societal relevance

Paycorp Holdings drives financial inclusion through access to ATMs in the under-served markets

Recent News

By Paycorp News on Friday, January 27, 2012
It has been thirteen years since South African home-grown company, ATM Solutions, opened its doors with the aim to bring fully serviced, conveniently located and reliable ATMs to more areas in the country. Committed to achieving its goal of bringing banking to the people, Africa’s leading independent deployer and operator of ATMs today celebrated the opening of its 7th branch, which has been up and running since November last year and is situated in Witbank in the Mpumalanga region.
By Paycorp News on Monday, October 26, 2009
Extending access to southern Africa’s financial services is not only the domain of banks. Other players have successfully entered this market, such as ATM Solutions Group, a leader in the field of ATMs, electronic payments and transaction processing. Its...
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Key Data

Division:
Payment services
Business Type: Owner and operator of off-site ATMs, pre-paid debit cards and EFT point-of-sale terminals
Founded: 1999
Locations: Nationwide
Headquarters: Johannesburg
Head Count: 360+

Contact Details

Telephone:
+27 (0)11 531 5300
Fax: +27 (0)11 444 7086
Email: info@paycorp.co.za
Website: www.paycorp.co.za
Headquarters: Sandhaven Office Park,
14 Pongola Crescent,
Eastgate Ext. 17,
2199
Postal Address:    
PO Box 76651,
Wendywood,
2144

Board of Directors

Mark J Lamberti Chairperson
Steven Kark Paycorp Group CEO
Wayne Abramson Executive Director (CEO ATM Solutions)
Philip Froom
Executive Director (MD DrawCard/EFTPOS)
Steve Hochstadter Group Chief Operating Officer
Hendrik Pelser Executive Director (MD BDB)
David Hurwitz
Non-Executive Director
Jonathan Jawno
Non-Executive Director
Michael Mendelowitz
Non-Executive Director

Transaction Capital Group Companies


ATM Solutions DrawCard EFTPOS BDB Data Bureau Paycorp Holdings
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