Services
Net1's core service offering can be broken down into Transaction Services and Transaction Management.
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Transaction Services
EasyPay 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.
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Transaction Management
Net1’s Transaction Management service incorporates the entire EFT and non-EFT transactions suites, allowing merchants to be able to accept a range of payment tokens and banks to acquire those payment tokens. This encompasses conventional mag-stripe cards, credit, debit and private label cards, contact and contact-less smart cards with PIN and/or biometric cardholder verification.
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