Direct Pay Online buys PayThru South Africa business
Direct Pay Online (DPO) Group, through its South African subsidiary DPO SA, has acquired PayThru South Africa, a cloud-based payment gateway that specializes in the integration of mobile devices.
Direct Pay Online, which processes merchant payments, mobile money and e-wallets, said the acquisition is in line with its strategy to strengthen its positioning locally and establish itself as a leading payment service provider on the continent.
PayThru was established in South Africa in 2010 and is a subsidiary of PayThru UK. Its clients in SA include online retailers Takealot.com, Superbalist.com and online food delivery service Mr. Delivery, which will all be served by the DPO group.
Direct Pay Online was established in Kenya in 2006 and has since expanded to Uganda, Rwanda, Zanzibar, Tanzania, Ethiopia, Zambia, South Africa, Zimbabwe, Namibia and Botswana.
It merged with online payments processor PayGate in 2016, and in March of this year, it expanded into Botswana and Namibia with the acquisition of Virtual Card Services, a credit, debit and smart card processing system for electronic payments.
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