Secure online payments with Capitec Pay
Are your clients dropping off at checkout?
Are your clients dropping off at checkout?
Capitec Pay helps drive revenue by reducing failed payments, which lead to abandoned carts. Our enhanced user payment experience lets our clients make easy, fast and safe online payments with payment providers and their merchants without entering their bank card details or sharing their banking login information, putting them in control.
Capitec Pay is SA's first bank-endorsed simple and secure payment initiation API solution in market. It is based on open banking principles in accordance with the PSD2 standards, a European regulation for electronic payment services.
The API enables third-party providers to securely initiate payment requests from our clients while allowing them to choose the account they want to pay from and authenticate the payment safely through our banking app.
Only the client’s cellphone number, ID number or account number is needed to initiate a payment.
Clients safely consent to and approve the payment through our banking app.
There is no penalty or fee for the merchant or our client if a transaction fails.