Wednesday, 25 February 2015

PayGate launches e-commerce payment collection service for SMMEs

PayGate launches e-commerce payment collection service for SMMEsAn e-commerce hurdle for smaller businesses in South Africa has fallen with the launch of a new payment collection service from PayGate.

“For a small company that’s turning over less than R100,000 a month, getting an e-commerce merchant account through a bank can be prohibitively difficult and expensive,” says PayGate’s business development manager Brendan Williamson. “Yet there are hundreds of small and home-based businesses in South Africa that are poised for growth, if only they had a realistic way to sell and receive payments online. That’s the gap we’re aiming to fill.”

Williamson says PayGate’s entry level e-commerce platform will allow SMEs to accept a wide range of payment methods, including international credit and debit cards, and get easy access to their money without needing to open a new bank account. “Our Payment Protector real-time fraud monitoring system is part of the package, so people are protected against credit card fraud,” he adds. Read More...

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