Capitec Whitelising Process

A company that provides payment-processing services to merchants and other business entities. These entities enable merchants to accept credit card payments, online EFT payments, and other cashless payment methods without setting up their own merchant accounts.

An onboarding process where the merchant decides on whether they want to be directly settled, or if they will let Ozow facilitate the settlement process.

Any “closed loop” voucher that is issued by a provider that cannot be redeemed outside of its specific designation or cannot be redeemed for cash