Kazang

Kazang, a subsidiary of Paycorp, is one of Africa's leading micro-payment processing services providing terminals that enable retailers to sell prepaid airtime, data bundles, electricity, lotto tickets, remittance and mobile wallet top ups. With over 25 000 terminals, Kazang processes more than R3 billion and 350 million transactions annually. In 2018, Kazang acquired a 49% equity stake in Sandulela, a BEE accredited electricity payments distributor.