HomeServicesSouth African Startup, Telkom, Launches Telkom Pay; A Digital Payment Solution

South African Startup, Telkom, Launches Telkom Pay; A Digital Payment Solution

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Since the beginning of the year 2020, Telkom has been making quite some impressive additions to its services. The latest one was the TelkomOne streaming service, which arrived sometime last month.

Now, the South African startup has gone back to its work table to develop a payment service for residents of the country.

Telkom has officially introduced its mobile payment solution service in South Africa. The service is called Telkom Pay Digital Wallet.

The new payment service is designed to allow customers to pay and also get paid on their mobile devices through WhatsApp. The platform enables the user to send money directly to anyone on their contact list, and it also functions as a cashless Point of Sale payment channel for businesses.

‘’We are introducing a financial service that caters to everyone and one that is easy to access at all times via mobile devices,’’ said Sibusiso Ngwwnya, Managing Executive for financial services at Telkom.

‘’This year, we have successfully launched funeral cover and our foray into payment services further deepen our strategic intent to play a prominent role in providing solutions that meet our customers need and one that will propel the economic inclusion of South Africa,’’

To use the service, users with the Telkom Pay app can add it to their respective WhatsApp accounts. After completing the registration process, users can then send or receive money by sharing a ‘’Please pay me’’ with any of their contacts.

For individuals who enjoy cashless transactions, the Telkom digital wallet allows for easy payment for goods and services by scanning payment QR codes at the point of purchase.

The service also allows users to perform other transactions like the purchase of airtime, mobile data, and electricity.

For continuous use of the payment service, users must top up their digital wallets through Nedbank ATMs, EFT, or at any Pick ‘n Pay store.

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