Fifteen years of payment processing excellence

1998

Company founded

October, 1998

eCentric Switch was founded in Rondebosch Cape Town by a group of payment industry specialists. The company is now known as Ecentric Payment Systems (name changed in 2013).

2000

Prepaid airtime at Post Office

December, 2000

Ecentric Payment Systems delivers airtime vending service for South Africa’s Post Office network, enabling airtime purchases at point of sale.

2002

Prepaid Airtime at Shoprite

November, 2002

Airtime vending service goes live at Shoprite, Africa’s largest retailer, enabling airtime purchases at all stores.

2004

ReconAssist™  goes live at Woolworths

September, 2004

Our market leading Enterprise Reconciliation service, ReconAssist™ is launched at Woolworths, providing an end-to-end automated reconciliation solution with data enrichment, higher match rates and improved control.

2005

Money Transfers

April, 2005

Ecentric Payment Systems together with Capitec Bank implements a fast and reliable in-store payment sending and receiving service for Shoprite.

2006

Bankcard Payment Processing for Clicks

April, 2006

Ecentric Payment Systems facilitate bankcard acceptance at Clicks, enabling acceptance of all major credit cards and debit cards through Ecentric’s near 100% uptime payment network.

2007

2007

TFG Appoints Ecentric Payment Systems

June 2007

Ecentric Payment Systems awarded payment processing and reconciliation contract for TFG, across fourteen TFG brands with two acquiring banks. Ecentric implements the first Retail Active/Active solution in South Africa, ensuring high in-store payment availability.

Pep Stores Appoints Ecentric Payment Systems

November 2007

Dual acquirer Active/Active payment processing goes live at PEP stores nationwide.

2008

2008

Standard Bank Appoints Ecentric

January 2008

Standard Bank appoints Ecentric Payment Systems for reconciliation service powered by ReconAssist™.

Authorised System Operator

February 2008

Ecentric Payment Systems approved as a System Operator by the Payment Association of South Africa.

2009

PCI DSS Level1 certification achieved

March 2009

Ecentric Payment Systems is the first South Africa payment processor to achieve PCI (Payment Card Industry) DSS (Data Security Standard) Level 1 certification.

2010

Transaction Exchange live at Standard Bank

August 2010

Electronic Collection & Payment services, Bank statement reconciliation and Electronic Bill Presentment & Payment services delivered to Standard Bank South Africa.

2011

New Switching Service to Shoprite

December 2011

Integrated Active/Active payment processing service rolled out to over 15000 Shoprite stores in a record three month period.

2012

2012

Team Ecentric grows to 75

August 2012

Ecentric Payment Systems reach a 75 strong staff compliment.

Payment Processing goes live at Ackermans

September 2012

Integrated payment processing and reconciliation service rolled out to over 400 Ackermans stores.

2013

2013

Ecommerce Service Launched

April 2013

Ecentric Payment Systems launch secure and reliable payment processing for websites, mobile sites, apps and call centres.

Ecommerce success at Computicket

June 2013

Ecentric Payment Systems offer ecommerce card-not-present processing for computicket.com, South Africa’s most popular ticketing site.

2013

2013

Ecentric Payment Systems joins the PCI SSC

June 2013

Ecentric Payment Systems joins the PCI Security Standards Council as an active Participating Organisation.

Truworths rollout to Namibian stores

July 2013

Ecentric Payment Systems extend African presence, connecting 12 Namibian Truworths stores to integrated in-store payment acceptance.

2013

Fifteen years of payment processing excellence

October 2013

Ecentric Payment Systems celebrate fifteen years in the payment processing industry with the launch of a new brand identity, company name and website to support our long term corporate positioning and growth strategy.

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