EFTsecure logo

EFTsecure

by Callpay · Since 2014
No reviews yet
Active1+ countriesCloud
Quick facts
VendorCallpay
Year launched2014
StatusActive
LocationUnit 92, 5 Beach Estate Blvd Eden On The Bay Big Bay Cape Town 7441
Countries served1+
Languages1
Integrations
Free tier
Free trial
Contact salesYES

About EFTsecure

EFTsecure is a security software from Callpay designed to protect electronic funds transfers. It provides features such as transaction monitoring, fraud detection, and data encryption so businesses can ensure secure transactions. EFTsecure helps organizations comply with industry regulations and protect sensitive customer information. With advanced algorithms and real-time tracking capabilities, users can quickly identify unauthorized activities and respond accordingly. Key capabilities: transaction monitoring fraud detection data encryption compliance reporting real-time alerts Best for: financial institutions and businesses that need to secure their electronic payment processes.

EFTsecure, powered by Callpay, is a cutting-edge digital payment platform designed to facilitate secure, real-time electronic funds transfers (EFT) across South African banks. Tailored for merchants, enterprises, and payment service providers, EFTsecure eliminates the need for traditional merchant accounts while offering a seamless transaction experience for customers. Its real-time payment confirmations ensure instant acknowledgment of transactions, enhancing cash flow and improving customer satisfaction. The platform supports multiple devices, enabling users to complete payments securely from mobile phones, tablets, or desktop computers, ensuring convenience and accessibility. EFTsecure also prioritizes security, employing a two-tier authentication system that effectively prevents fraud and chargebacks. Merchants benefit from low transaction fees, flexible settlement options—including daily, weekly, and real-time settlements—and full refund capabilities, whether scheduled or instant. Designed to integrate easily with enterprise systems, EFTsecure provides a centralized hub for reporting, reconciliation, and financial data management, ensuring operational efficiency. With its focus on reliability, security, and optimized payment conversion rates, EFTsecure is ideal for businesses looking to expand their payment options beyond credit cards while maintaining compliance with industry standards.

Pros & Cons

What users like
  • +Provides instant EFT payment confirmation for fast and secure transactions.
  • +Reduces fraud risk using robust two-tier authentication for all users.
  • +Lowers transaction costs through competitive fees compared to traditional payment systems.
  • +Supports multiple devices, offering flexibility and convenience for customer transactions.
  • +Flexible settlement options improve cash flow management for businesses efficiently.
What users flag
  • Limited functionality is restricted to South African banks only currently.
  • Refunds and payouts are processed only during standard business days.
  • High-risk merchants may face restrictions on pricing or account usage.
  • Requires approval from Callpay before activation to start processing payments.
  • Some integration options necessitate technical setup for proper system functionality.

Features

Key features

Real-Time EFT Confirmation
Provides instant acknowledgment of payments, improving cash flow and customer experience.
Multi-Device Support
Enables secure payments via mobile, tablet, or desktop devices for flexible accessibility.
Fraud Prevention
Employs a two-tier authentication system to minimize chargebacks and fraudulent activity.
Full Refund Support
Offers scheduled or instant refunds to merchants, ensuring seamless customer service.
Low Transaction Fees
Guarantees competitive pricing for merchants, optimizing payment conversions.
Enterprise Integration
Centralized reporting, reconciliation, and data management for efficient operations.
Flexible Settlement Options
Supports daily, weekly, or real-time settlements according to merchant preferences.

Additional features

Real-Time EFT Confirmation
Instant payment acknowledgment for improved operational efficiency.
Multi-Device Support
Accessible on mobile, tablet, and desktop devices.
Fraud Prevention
Two-tier authentication system to prevent fraud and chargebacks.
Full Refund Support
Schedule daily refunds or receive instant refunds.
Low Transaction Fees
Competitive pricing for enterprises and high-volume merchants.
Enterprise Integration
Single point for reporting, reconciliation, and financial insights.
Flexible Settlement Options
Daily, weekly, or real-time settlement support.
Increased Revenue Potential
Expands accessibility to customers who do not use credit cards.
Real-Time Notifications
Immediate confirmation of EFT payments to merchants and customers.
Secure and Compliant
PCI-DSS Level 1 certified and adheres to South African banking standards.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

South Africa

Interface languages

English

Billing currencies

🇺🇸USD

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