For merchants entering South Africa, each new payment provider can mean another technical connection to maintain. MoneyHash’s partnership with Ozow gives businesses access to the local provider through their existing integration, according to the partnership announcement.
Separate connections can leave payment operations fragmented.
MoneyHash provides a single layer for connecting to and managing payment processors and methods. Merchants can route payments through the platform and track transactions there. MoneyHash also handles reporting, while merchants keep their other payment connections in place. The Ozow arrangement adds a provider to existing operations; it does not require businesses to replace their current setup.
Ozow supports Pay by Bank and card payments. Customers can also pay with Google Pay. Apple Pay and Samsung Pay are available as well. Other listed services include instant payouts and withdrawals, both available 24/7. Ozow also offers voucher payments. Pay by crypto is another option. Founded in 2014, the company marks 12 years in South Africa’s digital payments market in 2026.
South Africa has one of Africa’s most developed digital payments markets. Merchants operating there, or preparing to enter, face a growing range of consumer payment preferences. Each additional provider also brings technical work and operational demands. MoneyHash says its unified technology layer lets businesses manage those connections without building a separate Ozow connector.
Hwan Lee, MoneyHash’s Regional Director for Africa, previously held a leadership position at Ozow. In comments on the partnership, Lee described South Africa’s payments market as fast-changing and pointed to the operational complexity businesses face as they expand. The announcement also cited his appointment and former Ozow role as partnership context, as reported by FintechGate.
Ozow Chief Growth Officer Catherine Korsten said the market had changed significantly during the company’s 12 years in operation. She said business and consumer payment preferences had expanded, and linked the partnership to merchants’ ability to use Ozow while managing multiple payment solutions through MoneyHash.
South Africa’s digital-banking market also faces substantial fraud losses. Figures attributed to the South African Banking Risk Information Centre, or SABRIC, and reported by IT-Online put 2025 losses from digital banking crime at about R2.4 billion across more than 110,000 incidents. That was a 29.2% increase from the previous year. The figures cover digital banking crime overall, not MoneyHash or Ozow specifically, according to IT-Online’s report.
