Helping banks and corporates launch modern banking and payment solutions.
Who we’ve partnered with
Full service
Direct Transact is the largest and most experienced end-to-end Banking-as-a-Service (BaaS) and Payments-as-a-Service (PaaS) provider in South Africa.
Our suite of integrated and compliant fintech services for Cards, Banking, Payments, Compliance, Reconciliation, Embedded Finance and Product Co-creation are unrivalled. At Direct Transact, we share our platform, ecosystems and deep domain knowledge to create more opportunities in the fintech ecosystem.
Customers benefit from embedded finance experiences. Meeting their diverse needs, in the right form, at the right time
Ecosystem connectivity. Partner with fintechs, brands, banks. Leverage learnings from relevant use cases, build own unique journeys.
Interfaces to launch and integrate end-to-end or modular fintech products for banks and brands.
Banking, Cards, Payments fully integrated and compliant with the banking system.
More about our Capabilities >Regulated partner banks and licensed providers
Create delightful financial experiences that resonate with your customers. Our clients typically integrate their own front-end UX layer, ensuring a personalised customer journey that aligns perfectly with their corporate identity.
Let us handle the cumbersome integrations, allowing you to focus on creating value for your customers.
We extend the same obsession with customer experience to our developer and integration layers, equipping them with comprehensive RESTful APIs and orchestration capabilities.
Our core banking platform hosts a complete KYC digital onboarding system alongside our product suite. We offer comprehensive transactional, investment, savings and lending services. Additionally, our Card Management System can be included or added separately.
Our central processing environment is purposefully designed to consolidate all payments and payment data, offering a singular interface for all payment types. Through a single pane of glass, it offers a comprehensive view of all your payments, ensuring seamless management and oversight. Additionally, it supports tokenisation and full mandate management.
We run an automated reconciliation process at a transactional level with real-time data across all payment streams. This enables us to keep a central record of all transactions processed through Visa and Mastercard. Additionally, it enables us to handle interbank disputes and efficiently manage lost or stolen card services for our customers.
Learn more >The final piece of the puzzle is settlement. We ensure that everything balances at the end of the day, providing you with total piece of mind.
We operate in a regulated environment and compliance is non-negotiable. Direct Transact operates as a System Operator (SO) regulated by the Payments Association of South Africa (PASA). We are seamlessly integrated into all payment streams within the National Payments System (NPS) via BankservAfrica.
Furthermore, we hold certification as an international third-party service provider for both issuing and acquiring services from Visa and Mastercard. This enables our customers to participate in all payment types and services, both within SA and internationally.
Domain Knowledge
When Direct Transact was established in 2002, we became the first Banking-as-a-Service (BaaS) and Payments-as-a-Service (PaaS) provider to South Africa's financial services industries. Today, the majority of all clearing and settlement banks in South Africa are Direct Transact customers. We process more than ZAR 50+ billion per month across more than 21 currencies.
About us >
Enabling Banking and Payments
Direct Transact is a Banking-as-a-Service (BaaS) and Payments-as-a-Service (PaaS) provider for corporates that want to launch their own banking and payment solutions. We offer a world-class cloud-based business system, invaluable technical and compliance advice, and the ongoing financial operational support they require for the successful management of their solutions.
Our Capabilities >
Support and Reliability
Most of our customers have been with us for more than 10 years. Our customers are loyal, not just because we deliver the technology they need - we provide ongoing support and domain knowledge to our customers.
About us >
Banking-as-a-Service
For over 21 years we’ve lowered barriers for small, medium, and niche banks. We enabled them to compete on equal footing with tier 1 banks.
For corporates
In the next 20 years, we’ll do the same for everyone. We enable corporates to make Banking-as-a-Service and Payments-as-a-Service part of their customer journey.
Memberships and certification
We operate in a regulated environment where compliance is non-negotiable.
Direct Transact is a recognised System Operator (SO), regulated by the Payments Association of South Africa (PASA).
We are a certified international Third Party Service Provider for both issuing and acquiring services for Visa and Mastercard, enabling customers to participate in all payment streams in SA and internationally.
We are fully PCI DSS and ISAE3402 compliant.
BaaS and PaaS made simple
The future
From cloud-based infrastructure to a secure, low-code, open API future, Direct Transact is continuing its investment in talent and technology to build on its long history of innovation, and expand open finance platform capabilities internationally.
Learn more about co-creation with DT >
