Ekasinomics – The Business of ATMs
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GUEST – Steven Kark, CEO Paycorp
The average journey time for a South African to the closest ATM is 22 minutes. On Friday in peri-urban areas the waiting time for customers at an ATM can be as long as 60 minutes – and even longer in the bank branches. As a leading South African payments company, Paycorp is providing the financial infrastructure to address this demand.
Paycorp provides consumers with Visa-certified pre-paid card solutions and retailers with debit and credit card payment terminals – and maintains a fleet of ATMs in South Africa and Namibia.
The average journey time for a South African to the closest ATM is 22 minutes. On Friday in peri-urban areas the waiting time for customers at an ATM can be as long as 60 minutes – and even longer in the bank branches. As a leading South African payments company, Paycorp is providing the financial infrastructure to address this demand.
Paycorp provides consumers with Visa-certified pre-paid card solutions and retailers with debit and credit card payment terminals – and maintains a fleet of ATMs in South Africa and Namibia.