Ozow

Ozow is a South Africa-based fintech platform that provides a full-service payment gateway for businesses of all sizes. The company facilitates secure, bank-to-bank electronic funds transfers, allowing customers to make lightning-fast payments using smart devices without the need for physical cards or wallets. As a registered systems operator and third-party payment provider with the Payment Association of South Africa, Ozow integrates directly with major banks to enable open banking and pay-by-bank solutions. Their platform supports a variety of transaction types including e-commerce checkouts, e-billing, in-store payments via QR codes, and peer-to-peer transfers through its specialized mobile application. Beyond processing incoming payments, the system allows merchants to manage refunds and automate payouts through a centralized API. By linking 47 million bank account holders with thousands of merchants, Ozow simplifies the transaction process for diverse sectors including retail, digital marketing, and telecommunications, while maintaining international safety and security standards to protect user data and financial instructions.

Founded in 2014 and headquartered in Cape Town, Ozow operates as a leading payment provider in the South African market. The company employs over 150 staff members and maintains a status as a proudly South African entity. It is registered as Ozow (Pty) Ltd and functions as a secure bridge between financial institutions and commercial enterprises.

The platform emphasizes cardless and contactless technology to drive financial access through open banking. Ozow has established a significant strategic partnership with Capitec Bank to bring Pay By Bank services to the region. The company operates a 24-hour payment service that complies with the South African Protection of Personal Information (POPI) Act and international security protocols.