TymeBank, a leading digital bank in South Africa, looks to empower small and micro businesses to accept card payments, powered by Network International, the leading enabler of digital commerce across Africa and the Middle East.
Following their entry into the South African consumer banking market, TymeBank said it was now planning to build accessible and affordable payment solutions for the small and micro businesses market.
A digital-only bank, TymeBank offers a modern alternative to traditional banking brands and aims to make banking more accessible and affordable to all South Africans having already recruited 2.2m consumers in the past two months.
Network International has already enabled TymeBank to become the first new card acquirer in South Africa for more than a decade and has now implemented a solution with both local processing and connectivity to international card schemes.
Network will provide a full end-to-end acquiring solution to TymeBank, including the N-Genius™ payment and processing capability through the company’s integrated omni-channel technology platform, Network One.
This will enable TymeBank to expand its offering to power digital payment acceptance among South African small and medium enterprises.
