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The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
Established in 2014, Ozow has headquarters in Johannesburg and Cape Town, South Africa. [4] It was co-founded by Thomas Pays, [5] Mitchan Adams, [6] and Lyle Eckstein. [7] Ozow has developed and currently operates an online automated Electronic Funds Transfer (EFT) payment gateway [8] in South Africa.
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Here is a simplified overview of how PAPSS works [9]. A company issues a payment instrument to their local bank or payment service provider; The payment instruction is sent to PAPSS through the country's central bank and routes it to the beneficiary bank account
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