BitventurePay offers businesses a comprehensive payment solution, processing both card transactions and debit order authentications via a single smart POS device.
BitventurePay offers businesses a comprehensive payment solution, processing both card transactions and debit order authentications via a single smart POS device.
The mobile smart POS is a multifunctional device encompassing the features and flexibility of an Android Smartphone while doubling as a card payment terminal. Applications for card payments and DebiCheck authentications are integrated on the device.
● Compact and portable
● Touchscreen
● Load multiple applications
● Card tap and dip functionality
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Process any card payments through tap and dip functionalities on the POS device. The card payment application enables merchants to debit a customer in real-time.
● All local cards accepted
● Tap or dip functionality
● Process, store, and transmit cardholder data
● Cloud-based application
● Electronic receipts (email or SMS)
● Customer onboarding
● Card transactions
● DebiCheck authentications
● Transaction record retrieval and storage
Increase Collections
Increase your collection success rates and strengthen revenue streams through trusted payment solutions.
Secure Payments
Secure online processing enhances transparency and protects your business against fraudulent transactions.
Seamless Onboarding
Offer your customers more payment options to provide a convenient and personalised service which optimises the onboarding journey.Integrate All Systems
Manage Future Payments
Digitally authenticate ongoing debit order mandates and reduce disputes through the integration of the DebiCheck app.
Integrate All Systems
Plug real-time payment solutions into existing workflows and systems through API integration to streamline internal processes.
Submit a payment request on the Smart POS device.
The transaction is processed via the client’s bank.
Funds are collected and records thereof securely stored.
Collect and manage payments with DebiCheck debit order collection services.
Protect your business from account fraud and reduce debit order disputes by making use of electronic debit order authorisation for all new debit orders.Bitventure’s DebiCheck process is the smart way to let a customers confirm a business payment collection mandate on a once-off basis, ensuring that the DebiCheck debit order can be successfully collected from the relevant debit order collection facilities in the future.When a customer decides to take out a new contract with you, the customer’s DebiCheck mandate will be registered with their bank. Once the customer has approved the mandate, the debit order may be collected from the customer’s account without being reversed or disputed.Customers can approve the DebiCheck mandate with their banks via mobile USSD prompts, their banking apps, ATMs, branches, or POS – thereby allowing for in-store or remote authentication.
Our solution enables secure authentication across multiple product use cases, including POS transactions via BitventurePay, debit order approvals, in-store and remote onboarding, USSD interactions, ATM verifications, and banking app authentications.
● Once-off confirmation
● Electronic authentication
● Real-time, batch or same-day
● Integrated with major SA banks
● PASA Requirement
Reduce Costs
Save money by confirming bank account validity and thusreducing fraudulent accounts.
Enhance Customer Confidence
Increase confidence by giving customers upfront knowledge of payments.
Manage Future Payments
Digitally authenticate ongoing debit order mandates and reduce disputes through the integration of the DebiCheck app.
Digitise Onboarding
Reduce the need for physical document handling with a digitised process.
Capture customer's details and register an electronic mandate with their bank.
The customer approves the mandate via a digital channel, including USSD, ATM, POS, or their Banking App.
With the mandate approved by your customer and authenticated by their bank, you can continue with collections.
Know the exact dates when your clients are most likely to have the funds available in their bank accounts.
Debit your customers successfully by utilising Strike Date Optimisation (SDO). SDO provides you with the best dates to collect payment from customers by determining when funds are most likely to be available in their bank accounts. SDO can therefore help you to increase debit order collections success rates and increase revenue. This is a once-off process that can be done in batch format or individually.
Our solution supports intelligent financial operations by enabling effective debit order management, accurate bank account verification, predictive insights on collections success, and enhanced financial risk management.
● Results delivered in real-time
● Integrated with all major SA banks
● Individual or batch requests
● Integrated with major SA banks
● PAPI integration
Increased success rates
Increase your collection success rates by knowing when clients are most likely to have funds available.
Complete flexibility
This is a once-off process that can be done in a batch format or individually.
Reduce Costs
Avoid unnecessary expenses relating to failed debits order collections.
Enhanced Workflow
Improve and accelerate internal workflows with this real-time debit solution.
Submit an SDO request via our software application.
Receive the three best strike dates in real-time.
Debit the customer on the given dates to ensure a successful collection.
Protect your business with innovative solutions.
