How PAYM8 Processes Transactions Across Various Industries
How PAYM8 Processes Transactions Across Various Industries. PAYM8 is merchant facing offering its Merchants specialist payment solutions, tailor made for their businesses. PAYM8 is Headquartered in Johannesburg. Its primary focus is on Financial Collections, On-Line Payments and on offering Merchant and 3rd Party access to an intelligent payments platform. The company offers solutions and processes transactions across various industries including services to several Blue Chip companies.
Incorporating an ASP model, PAYM8 has been delivering payment functionality and applications securely across the continent. With operations in South Africa, Botswana and Namibia, PAYM8 processes over R3 Billion in annual transaction value for its merchants. PAYM8’s understanding of the rapidly changing payments landscape has allowed the company to remain a step-ahead by offering a single integration and with a single view to all its products and associated transactions.
PAYM8’s intelligent platform, AXIS, is aimed at both its existing Merchants as well as 3rd Party businesses requiring both greater control over their payments journey, as well as just plain unencumbered access to payment products and services. With many meanings attributed to the word AXIS, Wikipedia’s definition of “A real or imaginary, fixed or constant line, around which a body rotates’’ embraces the PAYM8 vision – the principle of payments being the constant around which the abundance of payment options & solutions revolve.
The platform offers a wide variety of payment channels, products and solutions incorporating both the debit pull and credit push paradigms. This self-service capability allows for multiple transaction types with complete interoperability.
