Cards

Issue cards the modern way — to serve the needs of your customers.

Direct Transact issues and fully manages a variety of corporate and retail credit, debit and prepaid cards, both in physical and virtual form, locally and/or internationally.
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Direct Transact is a certified international third-party service provider for both issuing and acquiring services for Visa and Mastercard, and fully PCI DSS compliant.

Our card payment services include interbank connectivity, interfacing with the card associations, interbank dispute handling, general ledger services, settlement services, and merchant acquiring and merchant management services, including eCommerce support.

Visa and MasterCard

Local and International card issuing

Prepaid (wallets) Debit Cards

Credit cards

Virtual cards

Corporate purchase cards

Tap & go/contactless card solutions

Private label cards [closed loop]

Branded credit cards

Store cards

Customer incentivisation

Merchant benefits

Promotional financing

Card Management Services

Card ordering

Pin issuing

Pin encryption - Hardware Security Module (HSM)

Card block/unblock  

Transaction limit setting

ATM and/or POS - on/off

Notifications (SMS, email)

Geographic settings

Tokenisation

Apple Pay, Google Pay and others  

Token lifecycle management

Banking

Start a bank or launch banking services

All the world-class banking capabilities you require in one end-to-end ecosystem.

Banking-as-a-Service (BaaS)

Transactional products  

Investment products

Lending products (secured and unsecured)

Business banking  

Corporate transaction accounts

Relationship Management

Tiered Authorisation

Asset and Property Finance  

Mortgages

Vehicle finance

Payments

The only full-service payments-as-a-service provider in SA

Our unique payments solutions for online and mobile platforms make it simple to launch the payment services your customers need.

Visa and Mastercard services

Local and International processing

Issuing and Acquiring

Physical terminals ATM & Point of Sale (including SoftPOS)

Ecommerce

Virtual cards

Tokenisation (wallet payments, i.e., ApplePay, GooglePay)

Merchant management services (including settlement)

ATM cash management

National Payment System (NPS) BankservAfrica

Electronic Fund Transfer (EFT)

Bill Payments

Debit Orders

Local ATM and POS transactions

Ecommerce purchases (3D-secure)

Real Time Clearing (RTC)

Debicheck

Rapid Payment Program (RPP) in line with industry rollout

SWIFT

Non-regulated payments

Closed loop (wallet to wallet)

3rd party deposits/payments - e.g., pay@ and EasyPay

Value Added Services (VAS) – e.g., pre-paid electricity and airtime

Compliance

Build a compliant payment business from the start

Direct Transact ensures that its customers comply with the Payment Card Industry Data Security Standard (PCI-DSS) and all other international and local regulatory standards for banking and payments.

Reconciliation and Settlement Services

Specialists in real-time and overnight settlement and reconciliation

From financial operations to back-office processes, we ensure the consolidation of all payment types, and synchronisation and stability wherever we connect into the financial system.

Payments Hub

Consolidation and Transaction Warehousing

Consolidation of all payment types (i.e., single transaction engine)

Transaction Warehousing/Dashboarding

MIS/Reporting (through a single pane of glass)

Data Analytics

Cashflow and Liquidity Management

Reconciliation Hub

Financial and Back Office Support Services

Reconciliation Services

Daily balancing and reconciliation of transactions,

Dispute Management Services

Visa/Mastercard chargebacks

Sasquery

EFT dispute management

Unpaids

Settlement and Clearing Services

General Ledger and Financial Management Services

Payment Streams Reconciled

VISA

Mastercard

Electronic Fund Transfers (EFT)

ATM Deposits and Withdrawal

POS Card Payments

Real Time Clearing (RTC)

Debicheck

Salary / Payroll  

National Settlement (Central Bank Settlement)

International Settlement (SWIFT)

Acquiring • Reconciliation and settlement services

ATM Acquiring: Cash Balancing and Settlement Services

POS Acquiring: Balancing and Settlement Services

Merchant Acquiring: Balancing and Settlement Services