Solutions
PayShap-Ready QR Code Issuing
Solutions
Boost and maintain market share with a merchant PayShap QR solution
Banks have an opportunity to offer their merchant customers a PayShap person-to-merchant solution and get ahead of the trend. Globally, merchant-presented instant payments via QR codes have enjoyed high consumer adoption, especially when - providing a reliable user journey and seamless customer experience.
With proven experience implementing EMVCo-compliant QR code solutions at South Africa’s largest retailers, Electrum provides a trusted way to bring this payment type to your merchant customers. The interoperable solution is fast and reliable to implement and includes QR code issuing, acquiring, and management.
PayShap-ready QR code issuing, acquiring, and management
First to market
Enable your merchants with a ready-to-go QR solution
Industry aligned interoperability
Leverage established technology for multiple payment schemes
Proven at scale
Use a solution tried and tested at South Africa’s largest retailers
Partnerships
Levering Electrum’s expertise and experience, get the capability to issue and manage QR codes to bring PayShap transactions into your payments offering.
A complete solution to issue and manage QR code payments
Including:
PayShap-ready QR code formats
Static and dynamic QR code issuing and management
Ability to merge QR codes from multiple issuers into a single EMVCo QR code
Unified issuer API for closed and open-loop schemes
Electrum’s QR Code Payments Solution
Existing EMVCo-based, Masterpass-integrated QR codes provide a suitable foundation for PayShap-enabled QR code payments.
Take advantage of the current opportunity
PayShap person-to-merchant functionality is the natural next step after Request-to-Pay
Globally consumers have adopted merchant-presented QR codes for account-based push payments
Interoperable QR code technology is EMVCo-based, ready to support PASA PayShap requirements
Electrum solves for
Interoperability between PayShap, Masterpass and other QR-enabled payment rails
Integration into existing EMVCo QR code acquiring infrastructure
Credit push workflows
Electrum’s Clearing House Payments Solution
Next-Generation Technology
Agility that enables speed to market
Reduced complexity and open connectivity
Resilient and efficient scalability
Why Electrum
Thinking globally acting locally
Electrum focuses primarily on the South African payments landscape and we work closely with our clients to understand their business cases and unique requirements.
On-soil support in South Africa
Deep understanding of South African consumer use cases for payment journeys
Close relationships with South African Tier 1 banks
Keep up with the latest trends
Built with the agility to support new and emerging transaction types, specifically when it comes to handling high-volume, low-value transactions.
Don't let your existing system hold you back!
