Launched in 2010, RevoPIN is South Africa’s first online payment service that allows you to accept PIN based debit cards online. Merchants benefit from significant savings on debit card transaction fees when compared to traditional credit card fees. With RevoPIN, merchants are able to reduce risk and maximise profit by reducing chargebacks.

RevoPIN is a Setcom company. Founded in 1999, Setcom (Pty) Ltd has extensive experience in processing and managing payment transactions. Businesses such as Kulula.com, Mango Airlines, Interflora and Independent Newspapers count on us to provide a 24/7 enterprise-class infrastructure. Driven by an entrepreneurial spirit, we are the first to market with innovative products. In 2004, we launched the first person-to-person payment service in Africa. Today, MonsterPay services more than 100,000 customers from around the world. In 2007, we launched POLi, a product that uses customers’ Internet Banking to make real-time payments to merchants. SID replaced POLi in 2009 with improved security and features. 2010 is a milestone for the company as it launches RevoPIN, which enables PIN-debit cards to be used for purchasing on the Internet and mobile phones.

Today, Setcom is recognised as a pioneer and innovator of online payments.