Net1’s EFT Services Division
EasyPay (Pty) Ltd.
EasyPay, a wholly owned subsidiary of Net1, is the leading provider of electronic funds transfer (EFT) and bill payment processing services to South Africa’s retail and financial sectors. Controlling the largest bank-independent financial switch in Southern Africa, the company’s infrastructure connects to all the major South African banks and switches both debit and credit card EFT transactions.
The company now processes in excess of 441 million transactions on behalf of the country’s leading Petroleum companies, Retailers, Bill Issuers and Financial Institutions. Well known to consumers is EasyPay's Bill Payment and Prepaid Electricity service which enables payments and purchases to be effected safely and conveniently through EasyPay's extensive footprint of national pay-points and website.
In addition to addressing the core business of transaction processing and switching, EasyPay provides a complete end-to-end system.