Product Update | August 2024

Money Transfer

Dedicated to supporting POS systems

Electrum remains dedicated to supporting the widest range of Point of Sales (POS) systems by supporting messaging via ISO 8583 standards (PostBridge).

Although Electrum is at the forefront of cloud technology and supports modern solutions by offering world-class cloud-native APIs, Electrum will continue to support existing systems to minimise the impact on POS implementation. This enables retailers to focus on improving their value by offering to support their customers' preferred money transfer providers.

API Update

Latest integrations keeping you ahead

Electrum is committed to providing clients with the latest Money Transfer APIs so that retail and digital channels stay ahead of the curve and benefit from the latest payment solutions.

Upgraded integrations

For both Absa and Standard Bank that enable Electrum customers to level up with the latest features and avoid painful upgrades to existing integrations.

Matured APIS

Take care of the complexities of changing APIs, meaning that you don’t need to worry about changing your implementation.

MySQL Support

Cost-effective cloud infrastructure for cash vouchers

Electrum is dedicated to providing our customers with the latest cloud computing advancements. The widely adopted open-source database, MySQL, has been around for a while; however, it remains preferred due to cost-effectiveness, support, scalability and reliability.  

Electrum is pleased to announce that we now support MySQL hosted by Amazon Web Services (AWS). Customers who still require Microsoft SQL Server databases can choose to use the previously supported database.

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Have a product request?

We would love to hear from you regarding any feature enhancements or additions you would like to see added to our Payments offering.

Complete the form below to submit your product request