Payment24 partners with Ecentric to enable bank card acceptance

Posted by Payment24

ITWeb, 06 Oct 2015.

Payment24, a division of Paradigm Group, specialising in fleet fuel management and enterprise mobile solutions announced its strategic partnership with Ecentric Payment Systems, a provider of EFT and VAS switching service. Ecentric is a market leader in South Africa and provides payment systems to a number of the country’s major retail chains locally and into Africa.

With the announcement of this partnership, Payment24 will utilise the Ecentric EFT and VAS switching services in Africa. And Ecentric will be able to utilise Payment24’s Integrated Fuel Management Platform for mutual benefits

The partnership presents a tremendous opportunity for Payment24 and Ecentric to provide its petroleum industry clients with secure EFT and VAS switching services along with fleet fuel management with potential to expand the offering to card acquiring on its terminal range.

This partnership will enhance Payment24’s ability to provide clients across retail and petroleum industry with bank acquiring and value-added services with infrastructure and support for EFT and payment switching throughout Africa.

“I’m excited about our partnership with the top-tier company with experience in EFT & VAS, Ecentric, which enhances Payment24’s ability to deliver secure banking solutions along with our real-time Fuel Management solution with vehicle & driver identification” said Shadab Rahil, Director Paradigm Group.

“Working in partnership, Ecentric and Paradigm Group are uniquely positioned to stretch what’s possible in terms of delivering highly secure and unique fuel management, EFT and VAS switching solution across channels to every individual,” said Ecentric’s business development executive, Julian Jackson.

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