Contribute to Financial Inclusion with Money Transfers

Electrum’s money transfer platform links banks or money transfer operators with retailers to enable digital and cash-based person-to-person transfers.

Money transfers account for 14% of South Africa’s consumers’ spend, and is the third most widely used product, in the value added service market. Gain your share of this market while making your customers’ lives easier by connecting them to the money transfer ecosystem.

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Bank or Money Transfer Operator

Position money transfers as a core part of your customers’ digital experience and expand transactional revenue outside of traditional payments.

Benefit from Electrum’s integration to SA’s three largest retailers to accept pay-ins and cash-outs. 

Connect your digital channels to a turnkey solution for the creation, management and redemption of orders.

Retailer

Grow your transactional revenue.

Benefit from increased footfall and in-store cashouts.

Connect your point-of-sale to the leading domestic and international money transfer operators via a single interface.

Make profit from money transfer and other value added services.

Download the 2020 VAS report to learn more.

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