In a further move to optimise its service offering, DPO Group (Direct Pay Online) will be rolling up its Southern African payment service providers group into the consolidated brand of DPO PayGate.
In August 2017, DPO announced its acquisition of PayGate South Africa and Virtual Card Services (VCS) South Africa. The deal followed its previous acquisitions of PayThru and VCS Botswana and Namibia.
The consolidated DPO PayGate is now the biggest PSP in Southern Africa and supports payments for tens of thousands of merchants in the region. The broader DPO Group in Africa, collectively services more merchants in more countries in Africa than any other payments service provider.
“PayGate will be adopting the DPO Group brand identity, but the real story is the collective benefit we now offer our customers. DPO PayGate can now provide our merchants with a truly pan-African payment solution. Previously, companies looking to access customers on the continent, had to sign up with different payments service providers in each region and each country where they did business. Now, organisations can reach their customers in more than 14 African countries through a single integration into the DPO Group, via DPO Paygate South Africa,” explains Peter Harvey, MD of DPO PayGate.
In the last year the DPO Group has established legal entities in more than 14 countries throughout Africa. The Group has also opened new offices in Johannesburg, which will be the customer service hub for the Southern region, augmenting its existing Cape Town headquarters.
While the VCS brand will be discontinued, current VCS merchants will not experience any changes and will also benefit from the added clout of the new DPO PayGate offering. The SID Instant EFT solution also forms part of the DPO Group and will continue as a standalone entity from a brand perspective.
“DPO PayGate clients now have access to a complete bouquet of payment offerings including card, Instant EFT, and app-based payments such as Zapper and MasterPass. We offer a one stop solution to all organisations from start-up to enterprise. We take away the pain of multiple platform integrations and have a single sign-up agreement with a number of banks. The power of DPO PayGate lies in our ability to quickly and simply take organisations from sign-up to revenue generation, anywhere in Africa,” says Harvey.
For the DPO Group, South Africa is an important market which presents its own unique challenges and opportunities. DPO PayGate will manage this large market by utilizing high end technology, engaging and leading a highly skilled team, and maintaining the highest standards in the industry,” says Eran Feinstein, DPO Group CEO.
DPO PayGate (previously PayGate, VCS and PayThru) is a subsidiary of Direct Pay Online (DPO). It offers online retailers of all sizes instant access to simple, effective and secure online payment services. DPO PayGate has connections to multiple acquirers, fully managed relationships with banks, card, and payment networks, and sophisticated risk management with PCI-DSS Level 1 compliance. It processes payments for merchants across SA, Namibia and Botswana. With DPO PayGate, local business owners can now accept all major payment methods in 14 African countries through a single integration into the DPO Group.
DPO Group is the leading payment service provider in Africa serving over 25,000 merchants including over 54 airlines, thousands of hotels, restaurants, travel agents, tour operators and other players in the e-commerce sector. We accept all major credit cards, mobile money and e-wallets, and are a leader in technology, usability and security across the continent. DPO uses the most sophisticated fraud prevention system for online payments in Africa and holds PCI DSS Level 1 Certification in 14 countries. The Group acquired PayGate South Africa in September 2016, VCS Namibia and Botswana in March 2017, PayThru South Africa in June 2017, VCS South Africa in August 2017 and Setcom-SID in November 2017.