Ozow EFT
Ozow is South Africa's leading instant EFT platform, allowing customers to pay directly from their bank account without a card swipe. TimeWorks integrates with Ozow so payments can be initiated and confirmed at the point of sale without a card terminal, making it ideal for businesses that want to reduce card machine rental costs or offer an alternative to customers who prefer banking-app payments. Ozow transactions are confirmed in real time, so the cashier knows immediately whether the payment succeeded.
Data That Flows Automatically
- check_circle Ozow payment link generated and sent to customer's phone from the POS
- check_circle Payment confirmation received from Ozow API and matched to the open transaction
- check_circle Ozow settlement amounts reconciled against the POS daily EFT totals
- check_circle Refunds processed through Ozow from the TimeWorks refund screen
- check_circle Transaction reference numbers stored in both systems for dispute resolution
- check_circle Partial Ozow payments combined with cash or card for split-payment transactions
Manual Work Eliminated
Removes the reliance on a card terminal with monthly rental fees, providing South African micro-businesses and market traders with a low-cost card-free payment acceptance option that still provides instant confirmation.
- 1 Create an Ozow merchant account and complete the FICA verification process
- 2 Copy your Ozow site code and API key from the Ozow merchant dashboard
- 3 Enter the credentials in the TimeWorks Ozow integration settings
- 4 Test with a live transaction from a South African banking app to confirm instant confirmation
Key Advantages
Ozow EFT payments require only internet connectivity, eliminating the monthly rental and transaction fees associated with traditional card machines from South African acquiring banks.
Unlike traditional EFT references that take up to three business days to clear, Ozow provides real-time payment confirmation, so goods can be handed over immediately with confidence.
Ozow uses OAuth and direct bank integration, meaning no card data is stored at the point of sale, which reduces your PCI-DSS compliance burden and protects customers from card-skimming fraud.
Common Questions
Which South African banks are supported by Ozow for instant EFT?
Is Ozow suitable for high-value transactions at the POS?
What are the transaction fees for Ozow compared to card machines?
Ready to Integrate Ozow EFT?
Book a free demo and our team will walk you through the Ozow EFT integration live, answer your technical questions, and provide a no-obligation quote tailored to your business size and location.