Pay-by-bank infrastructure for South African businesses
Accept instant bank payments, manage payouts and refunds, and integrate pay-by-bank into online checkout in South Africa.
Use when
You want a South African pay-by-bank option alongside cards for ecommerce or digital services.
Skip when
You need card acquiring, cash payments, or settlement outside South Africa.
Ozow is a South Africa-focused pay-by-bank product. Merchant verification is required before live processing. Published rates (21 Sep 2026): tiered by volume, about 2.85% up to R249,999, 2.75% to R499,999 and 2.65% to R1m, with a R1.00 minimum. Some published schedules quote instant EFT as low as 1.5%, so confirm which rate applies to your payment method. Payout fee around R3.00 flat. No subscription or setup fee. Confirm before integrating.
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