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i-Pay aims to help SMMEs with fast payment

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Thomas Pays (Supplied)
Thomas Pays (Supplied)

Cape Town - What if an electronic funds transfer (EFT) could be done more quickly than it takes to enter a credit card code and expiry date?

That question has led to the start of i-Pay in South Africa three years ago.

According to Thomas Pays, co-founder and CEO of i-Pay, EFT does have a place in the e-commerce environment, but is seen as a distant cousin to the more convenient credit card.

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