IVeri Payment Technologies

iVeri Payment Technologies

Company type	Privately Held
Industry	Financial Services
Founded	1998;27 years ago (1998)
Headquarters	Johannesburg , South Africa
Services	Payment service provider
Website	www.iveri.com

iVeri Payment Technologies is a South African payment service provider registered in Johannesburg. The company provides payment technology solutions for physical stores, mobile commerce, and e-commerce.

History

Founded in 1998, iVeri began developing electronic payment technologies. Initially operating in South Africa and Namibia, they were at the forefront of e-commerce transactions in South Africa and introduced one of the first mobile point-of-sale (MPOS) devices in Africa. ^[1]

Since 2006, they have expanded their operations across Africa, offering various payment solutions in numerous African countries. ^[2]

Products

iVeri payment gateway provides mobile, internet, recurring payment, point of sale, and card-not-present card acceptance channels, including reporting and back-office functionality for both the bank and the merchants. ^[3]

Subsidiaries

iVeri has an investment in TouchPoint Payments (Pty) Ltd, a company that supplies point-of-sale (POS) terminals and software.

Outside of South Africa, iVeri operates through iVeri Global Limited, which is registered in the Republic of Mauritius.

References

1. "Mobile Chip & PIN from iVeri". Gadget. November 19, 2012.
2. "Project - South Africa - Iveri Payment Technologies". MIGA World Bank Group. 2009.
3. "Company". www.iveri.com. Archived from the original on 11 March 2015. Retrieved 11 March 2015.