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

MoneyHash has partnered with South African fintech company Ozow to give businesses easier access to local online payment methods through a single payment integration.

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MoneyHash has partnered with South African fintech company Ozow to give businesses easier access to local online payment methods through a single payment integration.

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Announced on October 13 in Cape Town, the agreement allows businesses using MoneyHash’s payment orchestration platform to connect to Ozow without building a separate integration. The partnership aims to simplify payment management for merchants operating in South Africa.

MoneyHash provides infrastructure that allows businesses to connect multiple payment providers and manage transactions through one platform. Integrating Ozow expands the local payment options available to merchants using its services.

Simplifying Payment Integration

South Africa’s digital payments market offers businesses several ways to collect payments, from bank-based transfers to cards and digital wallets. Managing these options across different providers can increase the technical work required to process transactions, reconcile payments and monitor performance.

Payment orchestration platforms help merchants manage these connections through a central system, reducing the need to maintain separate integrations for every provider.

Hwan Lee, MoneyHash’s regional director for Africa, said his experience in South Africa’s payments industry had shown him how quickly the market had developed and the operational challenges businesses face as they expand.

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He said the partnership would strengthen MoneyHash’s regional presence by connecting its infrastructure with an established local payments provider.

Ozow Adds Local Payment Capabilities

Ozow brings more than 12 years of experience in South Africa’s digital payments market. Its services include pay-by-bank transactions, card payments, Google Pay, Apple Pay and Samsung Pay, alongside voucher payments, instant payouts and cryptocurrency payment options.

Through the integration, MoneyHash customers can access Ozow’s payment services through their existing connection to the orchestration platform. This reduces the need for additional development work when adding the provider to their payment operations.

Catherine Korsten, chief growth officer at Ozow, said the agreement would give merchants another way to access the company’s services while simplifying the integration and management of payment solutions.

She added that demand for flexible payment options had grown alongside changes in South Africa’s digital payments market.

Supporting Regional Expansion

The partnership forms part of MoneyHash’s efforts to expand its payment infrastructure across African markets by connecting businesses with established local providers.

For international merchants entering South Africa, access to local payment methods can help them serve customers through familiar payment channels. Businesses already operating in the country can also use orchestration to manage multiple gateways and processors through a central platform.

MoneyHash’s infrastructure includes payment routing, transaction management and reporting tools, allowing merchants to oversee payment operations without managing every provider independently.

The MoneyHash-Ozow partnership gives merchants a more direct route to local payment services through a unified integration. Its value will depend on how businesses use the combined infrastructure to reduce integration work, manage transactions and expand their payment options as they grow.

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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