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Ozow and Absa’s partnership is designed to simplify online payments in South Africa.
The fintech companies will enhance their collaboration by offering innovative payment solutions, aiming to streamline transactions, support merchants of digital goods and services, and cater to South Africa's young, tech-savvy population.
Tapping, scanning and swiping is the new currency that was once dominated by banknotes. But the reality for the majority who live in Cape Town is that cash is their only means of paying for goods and services.