EFT Corporation
A payment solutions platform for African banks and enterprises offering Banking-as-a-Service, merchant acquiring, card issuing, and switching and processing.
EFT Corporation Product Overview
Is EFT Corporation Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- African banks
- Card program teams
What It Does Well
- Banking as a service
- Card issuing
Things to Check
- Supported countries list
- Settlement timelines
About EFT Corporation
EFT Corporation is a payment solutions platform for African financial institutions and large enterprises that need modern banking capabilities, card payments, and secure payment processing.
Key capabilities include:
- Banking-as-a-Service (BaaS): Supports digital banking services without building core payment infrastructure from scratch.
- Merchant acquiring: Enables online and in-store card payment acceptance for merchants through acquiring services.
- Card issuing (CaaS): Supports digital and physical card programmes, including wallet support and card management.
- Switching and payment processing: Provides payment switching, orchestration, and processing for fast money movement; designed for banks, telcos, and large enterprises.
The platform includes encryption, tokenization, and PCI-aligned compliance, plus cloud-ready deployment and integration options. It also supports high availability (including active-active technology) and throughput of 1,500+ transactions per second.
Available on Web with API access via a developer portal.
Target users include banks, fintech companies, payment service providers, telcos, retailers, and other large organisations operating across Africa.
Notable in the African payments market for its long operating history (established 1999) and regional footprint, with operations serving clients across multiple African locations, including Ghana, Kenya, South Africa, Zimbabwe, and Zambia, and reported processing of $33B+ in transactions and service to ~100M end users.
EFT Corporation Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataRecent Reviews for EFT Corporation
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EFT Corporation Funding History
Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source dataEFT Corporation has 1 recorded funding event. The latest was Merger / Acquisition in Jan 2024.
- Total Raised:
- Undisclosed
- Latest Round:
- Merger / Acquisition
EFT Corporation Investors & Funding Rounds
EFT Corporation Founders & Leadership Team
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Latest EFT Corporation News & Updates
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Jobs at EFT Corporation
| Title | Posted |
|---|---|
| Business Analyst (South Africa) - Scan to Pay & Acquiring | Sep 9, 2026 |
| Junior Engineer (Ghana) | Aug 31, 2026 |
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Frequently Asked Questions About EFT Corporation
EFT Corporation is Africa's leading payment solutions provider that helps financial institutions and businesses process payments, issue cards, and offer modern banking services. The platform provides end-to-end payment offerings including payment processing, card issuing, and secure money movement designed to simplify financial transactions across the continent.
EFT Corporation doesn't provide a fixed pricing, costs are provided as a custom quote based on the client’s banking, payment processing, or integration needs.
EFT Corporation primarily operates in South Africa, but it also provides payment infrastructure and services to clients across other African markets depending on banking partnerships and integrations.
You sign up by filling out their “Get in Touch” or contact sales form on the website, after which their team contacts you to scope and onboard your solution.
EFT Corporation is best suited for financial institutions and businesses throughout Africa seeking modern banking solutions and payment processing capabilities. The platform serves over 100 financial institutions and partners looking to expand financial access and streamline payment operations.
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