Finance

MoneyHash Partners with Ozow to Expand Online Payment Options in South Africa

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Payment orchestration platform MoneyHash has partnered with South African fintech Ozow to expand access to local online payment methods.

MoneyHash Partners with Ozow to Expand Online Payment Options in South Africa

Key takeaways

  • MoneyHash partnered with Ozow to expand local online payment options in South Africa.
  • Merchants can access Ozow through their existing MoneyHash integration without building a separate connection.
  • Hwan Lee was appointed as Regional Director for Africa at MoneyHash after previously holding a leadership role at Ozow.

Payment orchestration platform MoneyHash has partnered with South African fintech Ozow to expand access to local online payment methods. The integration allows businesses using MoneyHash to connect directly to Ozow without building a separate technical connection. The move aligns with MoneyHash's African expansion strategy following the appointment of Regional Director for Africa Hwan Lee, who previously held a leadership role at Ozow. Ozow, currently in its 12th year, provides digital payment services including pay by bank, card, digital wallets, instant payouts, vouchers, and crypto payments.

Reduces technical complexity for businesses integrating and managing multiple local payment solutions in South Africa.

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In their words

“Having worked within South Africa’s payments ecosystem, I’ve seen both how quickly the market has evolved and the complexity businesses face as they scale their payment operations.”
Hwan Lee, Regional Director for Africa, MoneyHash
“Our partnership with MoneyHash creates another avenue for merchants to access Ozow, while reducing the complexity of integrating and managing multiple payment solutions.”
Catherine Korsten, Chief Growth Officer, Ozow

By the numbers

12th year
Ozow operating milestone in South Africa digital payments market

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Source: Google News

Common questions

What happened with MoneyHash?
MoneyHash partnered with Ozow to expand local online payment options in South Africa.
Where can I read the original report?
Read the full report at Google News.

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