Ozow

Ozow

Financial Services

Cape Town, Western Cape 28,706 followers

Secure Payments. Ozow Easy, Ozow Fast and Ozow Trusted.

About us

Ozow is the future of payment as we know it. An oh-so (or Ozow) easy, automated and ultra-secure EFT solution that helps customers pay in just a few seconds, merchants can initiate Ozow payments through a variety of payment platforms, such as SMS, eCommerce, eBilling, QR Code and instore Point-of-Sale (POS). Through Ozow’s precise and secure system (that reduces the risk of charge-backs), merchants get real-time payments with instant transaction notifications and automated bank reconciliations. As no card is required for payment, their products are also more widely available, resulting in less abandoned carts, increased sales and more happy customers. Furthermore, merchants enjoy transaction fees as low as 1,5%, with no monthly costs, setup fees, or minimum charges, enabling them to save their money. As an added bonus, merchants processing up to R1m per month can use Ozow for free in their first year, no strings attached. Ozow is committed to financial inclusion on a continent where many people are disenfranchised by a lack of payments options. Furthermore, Ozow is committed to making it affordable for smaller businesses to take their trade to a wider audience, and to ensure that if traditional payment methods are unavailable, merchants don’t suffer. To date, Ozow has processed over a billion transactions, and has processed a combined value exceeding R5 billion. Ozow is bringing commerce to a wider audience, promoting financial inclusion and innovating for our customers. Paying with us is Ozow easy, Ozow fast and Ozow trusted!

Website
http://www.ozow.com
Industry
Financial Services
Company size
51-200 employees
Headquarters
Cape Town, Western Cape
Type
Privately Held
Founded
2014
Specialties
Payment Processes, 4IR, Automated EFT, Secure Payments, Online Payments, Security, Digital Banking, Digital Payments, Instant EFT, eCommerce, eBilling, POS, QR Code, Mobile SMS, and Email

Locations

  • Primary

    5 Buitengracht Street

    10th Floor, Portside Building

    Cape Town, Western Cape 8001, ZA

    Get directions

Employees at Ozow

Updates

  • View organization page for Ozow, graphic

    28,706 followers

    Introducing One-Blink Payments with Biometric Authentication! 👁️🗨️ We’re revolutionising the payment experience by delivering faster transactions, increased completion rates, and improved retention. Customers can now set up biometrics, eliminating the need to re-enter login credentials. With seamless biometric authentication, payments are completed in seconds, providing a frictionless, more secure checkout process that boosts your business's performance. Our latest feature allows customers to link multiple bank accounts to a single profile and use this profile across any e-commerce site integrated with Ozow. We’ve already seen impressive results, with an average completion rate increase of 19% and a 27-second average improvement in transaction speed. One-Blink Payments is changing the way we pay, offering the smoothest payment experience yet. Read more about the revolutionary One-Blink Payments in our CEO, Thomas PAYS latest article here: https://lnkd.in/eGAvwFT4 #Ozow #biometrics #payments #tech #fintech #digital #authentication 

  • View organization page for Ozow, graphic

    28,706 followers

    🌐 Navigating South Africa's E-commerce Boom: Key Trends for Business Success     With South Africa’s e-commerce market projected to grow and reach R428 billion by 2027, businesses face an incredible opportunity to tap into a rapidly expanding digital market. Understanding the shifts in consumer habits and integrating effective payment solutions are essential steps toward capturing this growth.     E-commerce Trends to Watch:  - Market Penetration on the Rise: With 47.7% of South Africans shopping online in 2023, the digital shift is here to stay.  - Mobile Commerce Dominance: Mobile transactions are expected to make up 65% of online sales by 2025, reflecting the need for mobile-first strategies.  - Rising Consumer Spend: Average spend per user continues to grow, reaching R2,887, as more South Africans embrace digital convenience.      For an in-depth look at the state of e-commerce and how to adapt to these trends, explore our latest case study here: https://lnkd.in/eKTSA3_p      #Ozow #Ecommerce #Digital #Payments #SouthAfrica #Consumer #Trends #Growth 

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  • View organization page for Ozow, graphic

    28,706 followers

    Have you ever wondered what it takes to power seamless payment integrations? 🚀     At Ozow, our Technical Support Engineers are the backbone and custodians of our services, ensuring smooth and secure integrations for our merchants and customers.     This role involves assisting developers with system integrations, troubleshooting technical issues, and providing top-tier support. 💡     Join Ozow and be a part of the future of payments: https://ozow.com/jobs      #Ozow #jobs #support #technician #tech #payments #fintech #work 

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  • View organization page for Ozow, graphic

    28,706 followers

    In the fast-paced world of financial services, fintech partnerships have become essential. Innovative collaborations between fintechs and established financial institutions are driving change, enhancing customer experience, and expanding market reach.     At Ozow, we believe these partnerships are about more than shared resources—they're about creating an ecosystem that propels the future of finance. From our bank partnerships that enable seamless A2A payments to merchant collaborations and our active engagement in the fintech community, we're working together to build a more inclusive, innovative financial landscape.     Check out our latest article, The Rise of Fintech Partnerships: Collaborating for Innovation, where Ozow’s Chief Commercial Officer, Kesheni Moodley breaks down:    🔹 The complementary strengths fintech and banks bring to the table    🔹 How partnerships accelerate innovation and deliver value    🔹 The impact on market reach, regulatory navigation, and financial inclusion    🔹 The promising future for fintech collaboration in South Africa and beyond    👉 https://lnkd.in/eFAHiq9j         The future of the financial industry is collaborative. Let’s build it together.    #Fintech #Innovation #Partnerships #Digital #Payments #Financial #Inclusion #Ozow 

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  • View organization page for Ozow, graphic

    28,706 followers

    Subash Sharma, Absa Group's Chief Digital Officer for Everyday Banking, spoke with Ozow’s CEO, Thomas PAYS, about the impact of fintech collaboration on banks and the broader financial sector at our Absa Pay partnership event. They delved into the barriers that continue to prevent many South Africans from accessing financial services and how collaboration can deliver solutions that meet the needs of customers.     Subash highlighted how Absa and Ozow are working together to bridge these gaps through innovations like Absa Pay, designed to deliver inclusive payment services that are safe, fast, and efficient.     #Ozow #Absa #AbsaPay #Fintech #Digital #Payments #Inclusive #Banking #Fintech #Partnership #Event  

  • View organization page for Ozow, graphic

    28,706 followers

    We recently hosted the Indie Hackers meetup at Ozow’s HQ, where techies from all backgrounds—developers, designers, product managers, and founders—came together for meaningful conversations.     The evening consisted of a thought-provoking talk by Cory Zue, a respected tech innovator, followed by engaging group breakout sessions on a variety of tech topics, with attendees joining in on the discussions that piqued their interest.     It was a fantastic opportunity to network, share ideas, and form connections within the tech space. Thank you to everyone who attended and made this event a success!      #Ozow #IndieTech #Meetup #Developers #Community #Networking Brett Makepeace Adrian Bunge

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  • View organization page for Ozow, graphic

    28,706 followers

    Our CEO, Thomas PAYS, was recently invited to speak on “The Next Frontier in Design” at Absa’s first Experience Design Conference, alongside an incredible panel of innovators and visionaries: Claude Hanan, Co-founder of Bash, Alexander Oloo, Head of Design at Absa Group, Sivan Lapidus, Senior Design Director at Absa, and Inez Patel, Design Director at Absa, who expertly moderated the discussion.     The panel explored how design and technology are shaping the future of seamless, personalised shopping experiences and the crucial role that payments play in delivering these experiences. They also highlighted the exciting partnership between Ozow and Absa to introduce Absa Pay—an example of collaborative technological innovation bringing fast, secure, and personalised payments to Absa customers.     A huge thank you to the panelists and Absa Group for hosting such an insightful discussion. We look forward to the next #AbsaXDC!     #Experience #Design #Future #Payments #Digital #Transformation #Collaboration #Innovation #Leadership #Ozow #SeamlessPayments #AbsaXDC2024 Tracey Williams

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  • Ozow reposted this

    View organization page for Absa Group, graphic

    850,423 followers

    On 10 October 2024, a dynamic mix of visionaries gathered for an exhilarating day unpacking the Next Frontier in Design and Engineering! Absa Experience Design Conference 2024 featured an inspiring lineup of Absa speakers and industry trailblazers from Bash, Ozow, Jobox, and Gradesmatch covering topics from the future of experience design, to smarter operations and inclusive, emotionally intelligent design. Attendees walked away with a trove of insights and tools to navigate the rapidly evolving world of financial services and tech! This event is just one of many steps the Absa Design Office is taking to champion thought leadership in Africa's design industries, empowering professionals to innovate, adapt and thrive. Join us at future events by following Absa Design Events - https://lnkd.in/deae97d2 #YourStoryMatters #AbsaXDC2024

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Funding

Ozow 4 total rounds

Last Round

Series B

US$ 48.0M

See more info on crunchbase