ZAKHAA is a pioneering payments facilitator and architect of financial inclusion, uniquely focused on transforming South Africa's underserved communities. Their comprehensive suite of product offerings, includes the ZAKHAA card machine, ZAKHAA FlexiPay, and ZAKHAA Smart Transact, collectively disrupt conventional financial practices within the informal economy. Their core innovation, ZAKHAA FlexiPay, fundamentally redefines payment processing. This service enables merchants to process card payments, sell goods or services with monthly debit order collections, and offer value-added services like airtime, data, electricity, and betting tickets. Beyond this, ZAKHAA FlexiPay is widely adopted by SME owners, schools, and landlords for rent collection via debit order.
"Zakhaa is an award-winning Fintech that has designed unique solutions to cater for the informal market. They offer card machines and POS systems. They have developed Zakhaa FlexiPay which enables small business owners to be able to collect payments via debit orders. Spaza shops for example, sometimes sell their goods on credit and then struggle to collect the amount. Now they can onboard the customer onto the system and be able to collect their money via a debit order."