About Us

Africa's End-to-End Payment Solutions

Transaction Payments Solutions are a leading provider of electronic payments solutions across Africa, specialising in one stop end-to-end card payment processing solutions, mobile money systems, agency banking solutions, third party processing, managed service solutions, communications, payment switching systems, POS devices, software and local support.

We have a deep understanding of the financial services industry and experience with installation and support of Point of Sale (POS) solutions in Sub-Sharan Africa since 1992.

We are an entrepreneurial company, comprised of determined and motivated individuals who are committed to impressing our customers with our pioneering solutions and excellent and reliable after-sales service.

With more than 30 leading banking customers in 18 African countries, the TPS initials are well known throughout the continent. We have supplied, deployed and support more than 82,000 POS devices in Angola, Botswana, Ethiopia, Ghana, Kenya, Lesotho, Malawi, Mauritius, Namibia, Seychelles, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.

Company founded as Digifone to be a one-stop card payment processing solutions provider

  • 1992

Acquired by Econet Wireless & Reseller Agreement with S1 Postilion​

  • 2000

Acquired by Liquid Telecom & Verifone payment terminals added

  • 2007

Exclusive payment processor for Barclays Africa & opened offices in 5 countries

  • 2008

Master Reseller of Pax Payment Technologies across Africa

  • 2011

Re-branded to Transaction Payment Solutions. PayBay is incorporated in SA with a partnership with Bidvest Bank

  • 2014

Cassava Fintech International management control

  • 2019

Wholesale acquiring relationships with Nedbank & ABSA. PayBay exceed 10K terminals. Certified the first Android Device in the SA Market.

  • 2019

Signed British Airways for in-flight payment services.

  • 2020

Our POS devices and applications use dial, IP (Ethernet), 3G, 4G, Wi-Fi, CDMA (Code Division Multiple Access) and Bluetooth modes of communications; accept magnetic stripe, chip and PIN as well as contactless cards.

We operate a fully EMV, PCI compliant and redundant high availability Postilion switching system, with active-active, acquiring VISA, MasterCard and American Express cards. The platforms process more than 2.4 billion transactions per annum making us one of the largest specialist payment service providers in Africa.

We boast a team of highly trained, experienced and competent software analysts, developers and quality assurance personnel. We develop core terminal software, application programming interfaces (APIs) and integrations to the bank’s existing system timeously and in a cost-effective manner. We do this for most of our customers in Africa.

Our ability to provide technology, software, support and services with the skills and experience we have gained in delivering to a broad range of customers across the African continent put us in a strong position to assist the bank in defining and developing a payment acceptance strategy which will allow it to maintain a leading position in the market in servicing both its existing clients which attracting new clients.

We value our relationships with our customers and are always prepared to go the extra mile to ensure that we are consistently meeting their high level of expectations and ensuring that they can continue their business with minimal interruption. We also encourage constant interactions and open-door discussions to find new solutions and ways that we offer world class payment solutions and services.

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