It is our vision to enable society to transact more easily in a changing world. Our software and core banking expertise enable more banks and brands to offer a range of thoughtful solutions to the public that drive economic activity and inclusion. Direct Transact offers Banking, Payments, Compliance, Cards, Digital Identity and Finops services. Its systems have enabled the majority of SA’s smaller banks to exist and compete in a democratised marketplace.
The company has a 99.99% uptime record over 20 years and more than a decade of loyalty from most of its customers. Today, 70% of all clearing and settlement banks in South Africa are Direct Transact customers and 21 currencies are supported through the Direct Transact platform. More than R40 billion in transaction flows are processed through its systems every month. We are investing in an open, embedded finance future because we believe it can make life better for people everywhere.
We have always been at the forefront of democratising and enabling the banking ecosystem in South Africa.
And we are now ready to expand our offering across new territories to serve the global community.