News Articles

Ukheshe Technologies develops SA`s first WhatsApp payment gateway

Source: Bizznews, 07/07/2021

Ukheshe Technologies and Infobip have recently developed South Africa`s very first WhatsApp payment gateway for use by Telkom.

In addition to being South Africa’s first digital wallet platform, the solution is also the first WhatsApp channel to enable payments using QR.

The project and collaboration with Infobip form part of Ukheshe’s objective of expanding its international reach as a solution-driven B2B provider of digital-first payment solutions that enable banks, telcos and fintechs to provide banking and payment services to their customers through a solution called ‘chat banking’.

Infobip’s deployment of a WhatsApp Business API solution leveraged by Ukheshe’s cutting-edge Eclipse API integration is a first of its kind. The solution allows mobile operator customers to send money to anyone with a mobile number quickly and securely with no need for another app or any additional software.
Through an extended partnership with Mastercard and Nedbank, Ukheshe Technologies has launched its Third-Party Processing Services (TPP) in South Africa...
Clayton Hayward, co-founder and CEO of Ukheshe, said developing South Africa’s first WhatsApp payment gateway was an exciting opportunity to provide a relevant and workable payment solution.

“We are thrilled that through various working associations we are able to assist organisations to address financial literacy and inclusion. The chat banking solution empowers end customers by giving them access to the internet, and an efficient and secure digital wallet, while meeting Know your Customer (KYC) requirements.`

The digital wallet will also be able to link to other cards, add virtual cards, pay or get paid with a QR code, send money, make cash withdrawals or pay for goods.” He added that the service offering of the digital wallet platform will be extended to accommodate the issuing of virtual cards, which coupled with chat banking, underpins Ukheshe’s drive to support digital-first e-commerce adoption.
Easing the lives of customers and access to effortless banking
Shaun Van Rooyen, strategic accounts and partnerships manager at Infobip South Africa, says that the partnership between Infobip and Ukheshe is underpinned by the current need for organisations to find innovative means to make their customers lives easier whilst also providing the masses with access to effortless banking.

“It has been a great pleasure to work with Ukheshe on this project. The initiative and wonderful partnership align with our goal of connecting the world. The project is something that we are proud of and want to keep working on to see how we can help Ukheshe do more,” said Van Rooyen.

Hayward said Ukheshe’s digital-first enablement platform has expanded and evolved significantly in recent months as the financial services market seeks innovative solution providers that can address the fundamental gaps faced by people that are seen as unbanked.

“Working with Infobip has been particularly exciting as we have developed an easy and cost-effective way to send and receive money using an app that is already on customers’ phones. Chat banking is a solution that will add immense value to people’s lives.”

www.samigration.com


Search

  •    Nigerian diaspora works to dispel negative image created by rogue actors such as Boko Haram, drug dealers and Hushpuppi While it is important to debunk negative stereotypes, we should not fall into the trap of denialism and ignore or downplay the criminal activities of some unscrupulous Nigerians in the diaspora who are partly responsible for the country’s image crisis. On Sunday, 25 July, Nigeria celebrated its 15th National Diaspora Day under the theme: “Diaspora Integration for National Peace and Development”.... Read more...
  •    Local and international investors are pumping billions into South Africa’s fintech scene, which include large investments in local start-ups over the last few weeks. In July, South African fintech start-ups raised over R1.3 billion from notable investors, including Naspers, Vunani Capital, Old Mutual, and the Dragoneer Investment Group. The largest investment came from the Dragoneer Investment Group, which invested R1.23 billion in Yoco.... Read more...
  •    *The short answer* You can apply for the child /parent/child_7-12 support grant if your partner> is a refugee or permanent resident. *The long answer* If you are a South African citizen, or a refugee or a permanent resident, you can apply to SASSA for a child support grant. It is a means-tested grant, so SASSA will take into account both your own and your husband’s income. These are the SASSA rules:... Read more...
  •    Deciding on moving to another country isn`t a choice you make overnight. While South Africa offers vast travel options and has some of the most welcoming people, many South Africans migrate to other countries for better opportunities and travel options. Here are three countries popular within the South African market:... Read more...
  •    Do you have a Long Outstanding Permanent Residence ` What are my options Is Legal Action the way to go ` Class Action vs individual Court Action Class Action appears cheaper way but has more consequences to applicant than individual court action .... Read more...
  •    Reclassification will make it possible for others to travel to Germany, subject to proof of vaccination or a negative test result. Germany no longer considers South Africa and eight other African countries as so-called ‘virus variant’ areas, the Health Ministry said on Friday, in a move that will ease strict travel restrictions. The change, which takes effect on Sunday, comes after the Delta strain of Covid-19 became dominant in both Germany and South Africa, displacing the Beta strain originally found in the southern African nation.... Read more...
  •    HOME AFFAIRS - ONLINE APPLICATION FOR ENABLING DOCUMENTS (IDENTITY & TRAVEL DOCUMENTS) FOR REFUGEES. 1.1 In an effort to restore critical services to recognised refugees online services have been extended to include applications for either Identity & Travel Documents in a manner that contributes to limiting the spread of Covid-19 and ensure excellent service delivery. 1.2 The online service referred to in paragraph 1.1 is only limited and applicable to the dependants of recognised refugees:... Read more...
  •    • South Africans have been among the most restricted travellers in the world during the pandemic. • And restrictions for those wanting to travel or return to the United Kingdom have been particularly onerous. • But wily travellers have found loopholes in the system - mostly by choosing to stop over in countries not on the UK`s red list. • Mexico and West Africa quickly emerged as viable options. • But it`s the Balkans, and in particular Montenegro, that seem to be winning out at the moment.... Read more...
  •    Indications are that the billionaire Gupta brothers and their wives have pipped South African law enforcement to the Interpol post with a preventive strike that is likely to stall the issuing of red notices. Interpol red notices are a vital tool in South Africa’s quest to definitively locate members of the Gupta family for possible extradition. It therefore makes sense that blocking efforts to secure such notices would be a priority for the family ` four of whom are fugitives from justice.... Read more...
  •    ... Read more...

Get the latest Immigration News