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| Benefits to Merchants |
- Reach a whole new segment of debit card customers (currently 19 million+) in addition to the existing 6 million+ credit card customers in South Africa.
- RevoPIN can be used on websites, call centre and mobile payment.
- Reduce payment dishonours and chargebacks.
- Significant cost savings: debit card transaction fees via RevoPIN are less than those of credit cards.
- All transactions occur in real time, making the clearing process more reliable for both the merchant and the customer.
- Significant savings in automation: direct and immediate transaction response can be used to automate
your billing software, accounting or ERP systems thereby reducing manual reconciliation and errors.
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| Benefits to Customers |
- Buy online and on the mobile phone using a debit card. No credit card is required.
- Enhanced security: authorise every transaction with your PIN.
- Simple and familiar purchasing behaviour, just like in a physical store.
- Real-time receipt, giving peace of mind to the customer that the transaction was completed successfully.
- Debit card transactions are cleared immediately, meaning that the customer is not drawing on credit to purchase.
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