Search
Africa edition

Explore Techsoma

Reporting on Africa’s technology economy.

FinTech & Digital Money

MoneyHash Partners With Ozow to Expand Online Payment Options in South Africa

In this story

MoneyHash, a payment orchestration platform operating across emerging and global markets, has partnered with South African fintech Ozow to widen access to local online payment methods in South Africa. The announcement was made this week.

What the Partnership Delivers

Through the deal, merchants on MoneyHash can offer South African customers local payment options through the integration they already use. That includes Ozow’s Pay By Bank product. Businesses can manage their wider payment operations from a single orchestration platform instead of building separate connections for each provider.

For Ozow, the arrangement opens another route to merchants, particularly global businesses entering the South African market through MoneyHash.

Why Card Alternatives Matter

The companies say South African businesses are increasingly looking beyond traditional card payments. Ozow’s account-to-account model lets customers pay directly from their bank accounts, which suits shoppers who prefer not to use cards online. Ozow has also expanded its suite in recent months with options such as PayShap Request and crypto payments, all reachable through one integration.

A Familiar Face Behind the Deal

The partnership follows MoneyHash’s appointment of Hwan Lee as Regional Director for Africa earlier this year. Lee spent more than eight years at Ozow, most recently as Head of Partnerships, so he brings direct knowledge of South Africa’s payments sector. In his comments on the deal, he framed it as part of MoneyHash’s push to deepen its infrastructure across Africa by integrating established local providers.

Ozow’s Chief Growth Officer, Catherine Korsten, said the tie-up gives merchants another way to reach Ozow while cutting the complexity of integrating and managing several payment solutions.

Timing and Context

The announcement coincides with Ozow marking 12 years in South Africa’s digital payments market. MoneyHash, founded in early 2021 by Nader Abdelrazik and Mustafa Eid, built its platform for emerging markets, where businesses often struggle with fragmented payment systems.

What Comes Next

The partnership shows how orchestration platforms and local providers are working together to simplify cross-border commerce. For merchants selling into South Africa, the practical gain is fewer integrations and a broader choice of ways for customers to pay. Neither company has disclosed commercial terms or a rollout timeline for additional features.

Share this storyLinkedIn X

Our reporting follows our editorial standards. To report an error, see our corrections policy.

Welcome Back!

Login to your account below

Retrieve your password

Please enter your username or email address to reset your password.

From the newsroomAfrica, in focus.

The Techsoma Briefing.

The companies, ideas and people shaping African tech.
A considered read, straight to your inbox.

The Techsoma Briefing

One last step

Check your inbox.

Open the email from Techsoma and confirm your subscription to start receiving the briefing.

Can’t find it? Check your spam or promotions folder.

The Techsoma Briefing

For curious minds

Africa’s tech story.
In your inbox.

The companies, ideas and people worth following. Get the Techsoma Briefing for free.

By signing up, you agree to receive Techsoma emails. Unsubscribe anytime. Privacy policy