Markets & Clients
An increasing number of Merchants / Sellers / Suppliers in consumer sales and credit are reaping the benefits, financial and operational, that mobile payments can bring to organizations that send accounts regularly to consumers or provide any form of consumer credit.
Whether an organization is a fixed or mobile telecoms operator, an energy supplier, a mail order business, a retailer with a store card or even a bank issuing credit cards, the common theme is that consumers are sent accounts regularly. In some cases the entire account must be paid and in others, partial account payment is desired. In all cases, the key requirement is that the customer pay the appropriate amount – and on time.
The objective of minimizing disputes and reducing the cost of payment processing has driven many Merchants / Sellers / Suppliers to offer compelling customer incentives to agree to debit orders, from bank accounts. However, only a minority of customers elect to relinquish control of the payment timing and use methods to pay accounts that remain under their direct control. These methods vary from a cheque in the mail, to a visit to a bank branch or post office; from on-line payments to telephone banking or payment by phone using a card.
The MoPay service does not require any effort on the part of the person paying – no writing of cheques and their posting or queing to make the payment, nor frustrating and insecure online transfers. Thus, enhanced ease of payment, security and costs savings for all concerned.
So, no more ‘cheque is in the post’ or chasing up bounced debit orders or hassles to cancel debit orders.
Specific Uses
The following non-exhaustive categories of and specific uses for the current MoPay products and services have been identified as target business opportunities. This analysis is dynamic by nature and interested parties are invited to contact us for more details as to the specifications, costs and time involved in rendering the service. Kindly note that we are in a position to deliver tailored solutions, same to be MoPay or client-branded. Please use the contact@mopay.co.za mailbox for these inquiries.
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PROPERTY
Rents
Levies and management fees
Security
Service contracts
Parking fees
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RETAIL
Store- & affinity cards
Home shopping / Mail orders
Liquor and food (FMCG), deliveries
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EDUCATIONAL
Tuition fees
Student mess fees
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INTERNATIONAL SPORT & LEISURE
Golf fees and amenities
Tickets - seasonal and per event
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TRAVEL & TOURISM
Timeshare levies
Platform reservations
Membership fees
Conferences and exhibitions
Airline tickets
Car rental extensions
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ICT / WEBSITE / E-COMMERCE
Office automation – service contracts and maintenance COMMUNITY & CONSUMER
Newspaper subscriptions
Recurring advertising
Traffic fines
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UTILITIES
Municipal charges
Telecom and postal box accounts
Television licenses and subscriptions, also reconnections
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FINANCIAL & MEDICAL
Insurance – monthly and pay-outs
Medical – monthly and emergency
Collections and micro loans
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