About Us

Discover our History

For the first time in Africa, it is possible for anyone to process any type of transaction directly into their own bank accounts or make a payment into a mobile money account from anywhere in the world

Facts About Wallettec

Some interristing facts about Wallettec

Born:

2013

Operating in:

More than 6 African countries expanding rapidly

Corporate Offices in:

South Africa, Kenya, Uganda

Banks:

Integrated into more than 20 banks

Mobile Money:

Wallettec supports most of the mobile money providers in Africa

Our Vision

Wallettec's vision is to turn mobile payments into a real product and NOT only a fancy way to swipe your credit or debit card.

Our Mission

At Wallettec we want to provide merchants with a more convenient way to accept payments from any platform bypassing the traditional credit or debit card payment rails.

Our History

Wallettec is a Cape Town based technology company that focuses on mobile payment solutions and mobile payment integration. Wallettec's PaaS (Payment as a Service) platform enables a retailer to accept any type of mobile transaction or currency type via any payment medium. Through a single integration, retailers can enable consumers to transact at their Point Of Sale / E-Commerce or M-Commerce platform using only their mobile phones. No credit or debit cards required, no 3rd party apps. All you need is your mobile device and a bank account. Wallettec turns mobile payments into a real solution and not only a fancy way to swipe your credit or debit card. With our solution all you need is your bank account and mobile device.

Professional Timeline

Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.

Albert Einstein
  • Nov 2013

    Cape Town, South Africa

    The initial idea of Wallettec was born. Closing the gap between mobile money and the ability to spend it anywhere at anytime without the need to cash-out first.

  • 2014

    Development

    During this year we focused on building our product and making crucial business connections all over Africa. At the end of the year Wallettec did its first mayor integration with BitPay, an international bitcoin payment service.

  • 2015

    Expanding

    Wallettec launched an aggressive campaign the get more mobile money providers onto the platform. Some of these were M-Pesa, Airtel Money, Kopo-Kopo, Payza, Snapscan, Zapper, Wallet One.
    Wallettec integrated with its first retail group in South Africa, giving us access to more than 1500 outlets through out South Africa and Namibia.

  • 2016

    More than Mobile Money

    Wallettec launched its instant bank payments system in Africa, growing our product offering to 4 different payment solutions. We also added more than 20 000 agents onto our platform across Africa.

  • 2017

    International Banking Partnership

    Wallettec was announced a top 10 finalist in the 2017 Ecobank Fintech Challenge held at the Ecobank Headquarters in Lomé, Togo. As a result, Wallettec was inducted as an Ecobank partner and will be working with Ecobank deploying our payment solutions into all 33 of the Ecobank countries.

Advisory Board

Wallettec believes in learning from the leaders in the industry, learning from the best in their field.
Mark Chirnside
Mark Chirnside

Chairman at Bitsure

Mark have successfully launched and exited a few tech startups as well as headed up Naspers' Payments Division, which has allowed him to find a good balance between the startup world and the corporate world. Mark was the CEO of Ukash where he took the company from start to initial profitability. Professional experience in the Mobile Commerce market delivering on introduction by Deutsche Bank to paybox their mobile solution as Operational Director or Country Manager in UK, USA, Spain, Sweden and Austria.

George Loate
George Loate

Specialist in micro-payments and Financial Inclusion

George entered the ICT industry as an entrepreneur when he started a low cost PC business during the Y2K timeframe. Subsequently he was part of successful sales teams at various major companies in the industry. Most notable of these was his role in leading the Public Sector Business Development team at Business Connexion (Pty) Limited (BCX). He went on to manage international OEM relationships for BCX, as the Managing Executive of Persetel Q Vector. As an entrepreneur he has carved a niche in the payments space, wherein he represents several international organisations that operate in the micro-payments space.

Neil Hinrichsen
Neil Hinrichsen

Business Advisor

Neil’s company Realtime was started in a converted warehouse and grew slowly, eventually being bought by Datatec in 1997; Fundamo, a mobile payments service that he co-founded in 1999, exploded from a good idea to a global business in just a few months with the backing of some large investors during the dot-com boom.

Marc Roberts
Marc Roberts

President of Operations Platinum Payment Systems

Marc is an American politician and a Republican member of the Utah House of Representatives. Marc currently work as the President of Operations for Platinum Payment Systems in Spanish Fork Utah, an electronic payments solutions provider.