The Direct Transact Journey

From Banking-as-a-Service pioneer to Embedded Finance proponent.

A Company of Firsts

Launched in 2002

First provider of outsourced SaaS and BaaS to the banking and financial services industries in South Africa

2002
FOUNDED

First SaaS provider

First provider of SaaS solutions to the banking and financial services industries in South Africa. First 3rd Party processor in South Africa - Certified with VISA & Bankserv.

Automation processes

Direct Transact was the first software service provider to offer automation of back-office processes to South African banks.

2004
automation
2006
CARD

Retail & card based products

First SaaS provider move to client server.

Investment-based products

Suite of corporate and consumer-based investment products launched.

2008
INVESTMENTS
2010
VIRTUAL server

Move to private cloud

Cloud-based banking.

Lending products

Secured & Unsecured Lending.

2011
LENDING
2014
RECOGNITION

PASA & SARB Award

Awarded best system operator in South Africa and recognition by PASA & SARB for the most trustworthy banking service provider.

End-to-end PCI compliance

1st South African banking provider to be end to end PCI Compliant.

2015
COMPLIANCE
2017
JOINT 
ACCOUNTS

Family banking

1st core retail banking software vendor to offer family banking accounts in South Africa.

Digital Identity Vault

A secure, cloud-based document and information management solution.

2018
IDENTITY
2019
INNOVATION
AWARD

Digital Identity award

Fast Company - Most Innovative Company Award.

Security and Modernisation of Payments Hub

Reconciliation capability and configurable dashboard.

2020
MODERNISATION
2021
FUTURE

Secure, low-code, open API future

We plan to accelerate our investment in talent and technology to expand open finance platform capabilities internationally.

Visa

First comprehensive Visa Ready partner in South Africa

2022
FUTURE
2023
FUTURE

Payshap

First non-bank Payshap enabler - DT Mercury

Open the future

Launchpad for the future

Our fintech platform and industry ecosystems give our clients the opportunity to pursue new embedded financial services that improve the lives of their customers

Our story in numbers

70%

of all clearing and settlement banks in SA work with us

+21

currencies are supported by our platform

99.99%

Our average uptime

40+

billion Rand per month processed

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