ALTECH NUPAY

Altech NuPay was the first CSP (Customer Service Provider) to go live in the AEDO environment on 2 October 2006. Altech NuPay also started processing NAEDO (Non-authenticated Early Debit Order - Card not present) transactions in the same month. Altech NuPay is currently the leading AEDO (Authenticated Early Debit Orders) CSP operating within the micro finance Industry. At present Altech NuPay has over 4000 terminals in the field giving Altech NuPay the fifth largest point-of-sale footprint after the “Big 4” banks in South Africa.