#Payment Service Provider

eTranzact is a Nigerian fintech company that offers electronic payment, e-commerce, and mobile banking solutions. They provide secure online transactions and enable financial inclusion for individuals and businesses in Nigeria and other African countries.

Payment methods N/A

Market coverage N/A
  • Nigeria

eTranzact is a financial technology (fintech) company based in Nigeria. Founded in 2003, eTranzact provides electronic payment, e-commerce, and mobile banking solutions to individuals, businesses, and financial institutions.

The eTranzact platform enables users to securely carry out electronic transactions, including online payments, money transfers, bill payments, airline ticket purchases, and other financial services. It also offers a range of products and services for merchants, such as electronic payment terminals, payment gateways, and e-commerce solutions.

eTranzact started as an interbank payment network in Nigeria, allowing customers to transfer money between different banks. The company has also expanded its services to other African countries, including Ghana, Kenya, Zimbabwe, Ivory Coast, and South Africa.

In addition to payment solutions, eTranzact provides fraud and compliance management services, as well as fintech consulting services for financial institutions. The company has developed expertise in mobile banking services and has contributed to the expansion of financial inclusion by offering accessible solutions to the unbanked population.

eTranzact's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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