Direct Transact helps banks and companies that want to launch financial products to move past any legacy issues and rapidly deploy cost-effective, sophisticated banking and payment systems for the future.
Enabling banking and payments
Direct Transact is a Software-as-a-Service (SaaS) provider for businesses that want to launch their own banking and payment solutions. In addition to providing our customers with world-class cloud-based business systems, we also support them with invaluable technical and compliance advice and the ongoing financial operational support they require to run their payments and banking solutions successfully.
Steven Kessels
Sarah Bouwer
George Fowler
Roshnee Khan
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In-depth knowledge
We have unrivalled expertise in payments processing. When Direct Transact was established in 2002, we were the first Software-as-a-Service (SaaS) provider to the financial services industries in South Africa. Today, 70% of all clearing and settlement banks in South Africa are Direct Transact customers. We process more than ZAR30 billion per month across 21 currencies.
Support and reliability
Most of our customers have been with us for more than 10 years. We don’t just provide technology - we provide deep and ongoing operational, industry and regulatory advice and support to our customers.
Memberships and certification
Direct Transact is a member of the Payments Association of South Africa (PASA) and direct participant at Bankserv - enabling customers to participate in all payment streams in SA. Direct Transact is also a certified international third party service provider for both issuing and acquiring services for Visa and MasterCard, and fully PCI DSS compliant.
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.
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