Ozow Announces New Crypto Payments Solution

Payment processing provider Ozow has the official integration of cryptocurrency as a primary payment solution on its platform.

Powered by MoneyBadger, South Africa’s Bitcoin-centric payments technology provider, this new offering allows customers to pay directly from their crypto wallets, including Bitcoin Lightning and major exchange wallets such as Luno, VALR, and Binance, with instant settlement in South African Rand.

This move allows merchants to tap into the growing digital economy by enabling customers to pay for goods and services directly from their crypto wallets. By adding crypto to its existing suite of Pay by Bank, Card, Vouchers, Payout, Refund, and PayShap solutions, Ozow provides a single, unified integration for merchants to access every major way to pay in South Africa.

“Our mission has always been to simplify the way South Africans pay and get paid, and the introduction of crypto is a natural extension of that commitment to financial enablement. It is also just the start of our journey into digital assets,” said Rachel Cowan, interim CEO of Ozow.

“By bridging the gap between digital assets and everyday utility, we are providing consumers with greater choice and flexibility in how they interact with the digital economy. For our merchants, this is about more than just a new payment method; it is about providing them with a frictionless gateway to a global, tech-forward market, ensuring that they remain at the forefront of the evolving financial landscape while maintaining the simplicity and security they expect from our ecosystem,” said Cowan.

For merchants, the integration offers a high-value customer segment without the traditional hurdles of digital asset management. Ozow and MoneyBadger handle the complexity of the transaction, ensuring zero volatility risk by instantly converting crypto to South African Rand. Ozow merchants can instantly enable crypto payments without any additional integration required.

Furthermore, crypto processing is often more cost-effective than traditional credit card fees, allowing businesses to preserve higher margins while offering a modern brand identity that aligns with global fintech trends.

“Like Ozow, digital token payments represent advantages to merchants like reduced fraud rates and access to a growing market of tech-savvy consumers that are already saving and spending digital currencies like Bitcoin,” according to Carel van Wyk, MoneyBadger CEO.

“By working with Ozow, we are making it safe and simple for business owners to offer greater choice in payment options to their customers and stay ahead of the curve.”

“This integration signals a major step toward the mainstream adoption of digital assets in the retail and e-commerce sectors,” said Cowan.