Wallettec integrates Snapscan into its service in SA

Taking voice communications in a whole new direction
Taking voice communications in a whole new direction.

Back in January 2015, IT News Africa online editor, Darryl Linington, and Liron Segev, The Techie Guy, spoke to Vuyo Mpako – Head of Innovation and Channel at Standard Bank regarding the SnapScan Application.

Mobile wallet integration company Wallettec has integrated Snapscan into its service. According to the company, the move is intended to assist it to become a single interface point between the Point of Sale and any mobile or e-wallet solution.

According to Snapscan, its application allows users to pay for goods using their smartphones at over 10 000 stores all over South Africa. Johan Meyer, CEO and Founder of Wallettec stated that: “the vision of Snapscan in building a cashless society speaks to what we are trying to achieve, making mobile Point of Sale transactions easier and convenient for every retailer in South Africa”.

Back in January 2015, Darryl Linington – IT News Africa Online Editor – and Liron Segev “The Techie Guy”, spoke to Vuyo Mpako – Head of Innovation and Channel at Standard Bank on Gareth Cliff’s online radio station CliffCentral, regarding the Snapscan Application.

The interview can be listened to, or downloaded below:

According to Wallettec, it is a SaaS (Software as a service) platform that enables retailers to accept any type of mobile transaction or currency type at their Point Of Sale. Through a single integration, retailers can enable consumers to transact at their Point Of Sale using only their mobile phones.

“Mobile payment is one thing no retailer can afford to ignore. Its future is inevitable and the sooner the South African retailers realise this, the better”, says Meyer. “South Africa has one of the largest mobile penetrations in the world and what Wallettec does is to assist retailers and mobile money providers by supplying them with a single integration point into existing point of sale systems, meaning it can accept any digital wallet hassle free through a single transaction. The integration process is seamless and painless with no learning curve necessary for merchants who use the platform”.

According to Wallettec, it currently works with retailers all over South Africa and the company is now looking to expand to Namibia, Kenya, Tanzania and Zimbabwe in during the course of 2015.

Darryl Linington