Retailers

eCentric Switch offers a one stop shop for EFT and value-added services to all sectors of South Africa 's diverse retail industry. So, whether you operate a group of multi-lane chain stores or an independent shop, we can optimise your customer payment methods.

Today's market demands that retailers accept most payment modes, including debit cards that are becoming widely used as a result of the Master/Visa and Mzansi initiatives. (Mzansi is a South African Interbank initiative to provide financial services to those previously denied access to such services)

eCentric provides an EFT solution for you, irrespective of your size or location. Where you have an existing point of sale supplier, eCentric will work closely with that supplier to integrate the EFT service and ensure that EMV compliance is achieved.

Many retailers are losing market share because they do not offer value added services. Packaged with the EFT offering, the retailer will be able to provide a comprehensive range of value added services including bill payments, prepaid airtime and electricity, gift vouchers and money transfers. These products afford the retailer a valuable customer service and at the same time provide new income stream opportunities.

Reconciliation of the EFT and Value Added Services transaction data to ensure settlement is marked off against the retailer's bank statement is increasingly important. This service will ensure that all individual transactions are reconciled, ensuring that the retailer can be confident in the accuracy of his financial records.

All the eCentric services are fully accredited with the Acquiring banks as well as the bill issuers and other VAS service providers. eCentric will ensure that your business is ahead of your competitors in the services you offer your customer and that you have total confidence in the accuracy of the service.