Consumers will increasingly be demanding choices when it comes to payment options into 2024, with security being high on the agenda and offerings that will be keenly watched as potential growth engines. 31 Jan 2024 Read more Sales volumes this Black Friday and Cyber Monday will provide a key indicator of what South Africans are buying, what payment methods they are using, as well as when peak sales times are. 27 Nov 2023 Read more The only way to combat the increasing cost of cyberattacks, and the reputational threat that comes with them, is to have solid, internationally accredited, security measures in place as well as going above and beyond these requirements, writes Bernard van Der Merwe, Information Security Officer at Ecentric Payment Systems. 14 Nov 2023 Read more The deal supports Ecentric's growth strategy, opening doors more broadly to the national retail sector and further opportunities in servicing small and medium enterprises (SMEs). 26 Oct 2023 Read more A Tier One Retailer in South Africa focused on fashion-leading clothing, footwear, cosmetics, and accessories, has adopted a proactive approach to fraud prevention across its retail network in the country after implementing the ReconAssist reconciliation software solution from Ecentric Payment Systems, an omnichannel payments solution partner for business across Africa. 5 Oct 2023 Read more As a certified Visa Ready partner, Ecentric Payment Systems is helping power the Visa Acceptance journey as a Visa Ready Third-Party Agent. 19 Aug 2022 Read more Virtually all South African retailers offer their customers a period within which the customer may return items purchased. Whilst the Consumer Protection Act prescribes flexibility to consumers wishing to return goods that meet the conditions set out in the Act, it is also considered good practice by retailers to accept customer returns. As much as retailers' customer returns mindset is geared at building lasting relationships with consumers, it is regrettably also an area where shrinkage is unavoidable. (Shrinkage is the term used for any financial loss the retailer incurs during the items returned and refund process.) 3 Dec 2021 Read more With more South African consumers using online services in the wake of the Covid-19 pandemic and subsequent lockdowns, ecommerce adoption is certainly set to stay. We are seeing a growing number of retailers expanding their online offering and investing in an end user online experience that delights and retains their growing online customer base. 15 Nov 2021 Read more Thanks to Covid-19 virtual and contactless payments are increasingly the new norm and in the in-store retail space, exciting developments are on the horizon thanks to payments solution market leader, Ecentric Payment Systems. In the coming months, Ecentric will launch their in-house QR-code solution, designed to facilitate payment via QR acceptance at point-of-purchase. 8 Nov 2021 Read more One of the many efficiency challenges facing CFOs across all industries, relates to increasing the finance team's contribution, without increasing its size. Modern businesses value actionable insights from their finance team; such insights serve to inform decisions that improve profitability and overall performance. Time spent on functions that could be automated prevent the finance function from meeting these goals. By freeing up time spent on productivity killers, the finance team changes its impact on the business by answering the needs of decision makers, rather than performing manual processes. 1 Nov 2021 Read more |
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