Ozow risk score

Ozow is revolutionizing the payments landscape with its advanced electronic funds transfer (EFT) technology. Founded on the principle of providing fast, secure, and accessible payment solutions, Ozow caters to both merchants and customers across various platforms, including SMS, eCommerce, eBilling, QR codes, and in-store Point-of-Sale (POS) systems. This innovation allows Ozow to stand out in the Billing, E-Commerce, Financial Services, Internet, and Payments industry.

Merchants leveraging Ozow benefit from real-time payments and receive instant transaction notifications. The system enhances the reliability of transactions with reduced chargeback risks and features automated bank reconciliations, streamlining financial processes significantly. Notably, Ozow eliminates the need for physical cards, broadening access and minimizing the usual barriers to completing transactions. This attribute notably reduces abandoned shopping carts and boosts sales, enhancing customer satisfaction.

Ozow is particularly advantageous for merchants with its cost-efficient pricing model. With transaction fees as low as 1.5% and no recurrent monthly costs, setup fees, or minimum charges, it offers a financial advantage to business users. An enticing introductory offer includes free service for merchants processing up to R1 million per month in their first year.

Commitment to financial inclusion is at the core of Ozow’s mission. The platform is dedicated to empowering disenfranchised populations and small businesses across the continent, providing them with the tools to expand their market reach where traditional payment systems fall short.

The impact of Ozow's innovative payment solutions is substantial, having processed over a billion transactions with a combined value surpassing R5 billion. Ozow continues to drive forward, broadening commerce and enhancing financial inclusivity while remaining an easy, fast, and trusted payment solution for users everywhere.