SA Fintech Ozow Announces Its Partnership With Zapper
SA Fintech Ozow Announces Its Partnership With Zapper. South African fintech startup Ozow has announced its partnership with Zapper in order to better serve both its customer bases as Ozow will now be available as a payment option on Zapper.
When people use Zapper, they now have more choice. They can either select Ozow to make instant bank-to-bank payments, or they can use their pre-loaded card. Ozow states that it partnered with its direct competition because it wants to cement itself as a market disruptor. Ozow’s CEO and co-founder, Thomas Pays, said in a statement, “When two competing fintechs join forces, the partnership can be much greater than any adversity. This ultimately benefits the 47 million bank account holders in South Africa, all while driving financial and digital inclusion.”
He continued to say, “People often hear the term ‘financial inclusion’, but don’t really understand why this is so big for fintechs like us. At its core, it’s about giving consumers and businesses greater access and choice. This is especially true for many consumers, who have been locked out of these types of services because they don’t have a credit card.” While this partnership enables consumers to make easier, quicker and safer payments on Zapper, there’s also a notable benefit for merchants, which is no fees to process card payments.
Zapper is an independent mobile payments, insights, loyalty and rewards platform. Using QR code and URL-based technology, Zapper provides consumers with fast, easy and secure payments while they earn loyalty and discounts in a seamless, frictionless, integrated experience. As a South African fintech company founded in 2014, Zapper enables merchants to use data-driven insights to better engage their customers, build superior relationships and grow their businesses.
Zapper serves merchants across the retail, hospitality, parking bills, donations, fuel and convenience, and e-commerce sectors. Zapper has a suite of low cost, deeply integrated payment and loyalty solutions for any industry.
