Paycorp, a global leader in payment solutions, continues shaping the future of payments across Southern Africa, Central and Eastern Europe and the UK. With over two decades of experience, Paycorp stands as an acknowledged innovator, leveraging a collaborative and integrated ecosystem, blending expertise, reliability and agility in transaction processing, cash management solutions, value-added services like cardless and crypto and most recently, embedded business funding.
For the past year, Paycorp’s Capital Express brand has provided business funding to ATM clients across South Africa in partnership with the country’s foremost specialist in merchant cash advance, Retail Capital, a division of Tyme Bank. Paycorp offers instant working capital of up to R1 million based on historical ATM transaction data.
On the international front, Recap Global – a joint venture incubated between Paycorp and Retail Capital – has launched its funding offering in the United Kingdom. Recap leverages transaction data from various payment partners’ ATMs, point-of-sale and e-commerce platforms to generate pre-approved, real-time funding.