Payment Gateways Ready to Use in Botswana
The capacity to do eCommerce in Botswana has been around for some years now, with the introduction of Virtual Card Services (VCS) payment gateway through FNB Botswana, which more recently, has been taken over by DPO Paygate of South Africa. Weblogic has integrated numerous websites over the years using VCS; some you may be familiar with like Diacore Marathon and Mr Veg. Others have fallen by the wayside claiming it was too soon for eCommerce in Botswana.
Given the onset of the Covid-19 pandemic world-wide, Botswana has not been immune. However, what has helped developed economies immensely is the fact that they have adopted eCommerce as a way of life. This has made a lockdown somewhat easier to bear than perhaps ourselves in Botswana.
But don’t fret, we at Weblogic, believe it to be an opportune time to start thinking about eCommerce. Given that the way of doing business has fundamentally changed for good, whether we like it or not, people are forced to consider alternative ways of acquiring their daily goods and services. This has given businesses the impetus to adapt to the changing business climate and start to think about online more than ever before.
What are the available Payment Gateways available in Botswana that are ready to use? Read on.
Payment Gateways Ready to Use in Botswana
The longest serving online payment gateway is most certainly VCS, which was acquired by DPO Paygate of South Africa sometime last year. DPO Group is the leading African payment service provider (PSP). We enable businesses and individuals across the continent to accept payments online with all currencies and payment methods, including all major cards, mobile money, and e-wallets.
DPO currently works with FNB Botswana and Stanbic Bank. DPO offers three packages available to signup: Starter, Medium and Premium. There is no fixed contract term contract, although this may differ from bank to bank, however, the bank will also charge you a monthly fee as well as a percentage of each transaction.
You will need to complete the PayGate Memorandum of Agreement. A merchant consultant at FNB or Stanbic Bank will contact you and assist with the opening of your Internet Merchant account account. Note that this is a separate account from your Business Cheque account and will be linked to your business account. Paygate do offer a free WordPress compatible shopping cart plugin too.
What do these payment gateways have to offer?
One-click Checkout with CyberSource
CyberSource is a payment gateway supported by ABSA (formerly Barclays Bank Botswana). CyberSource offers Secure Acceptance Hosted Checkout, a secure hosted customer checkout experience.
It consists of securely managed payment forms or as a single page payment form for capturing payment card data, processing transactions, enabling you to decrease your Payment Card Industry Data Security Standard (PCI DSS) obligations and thereby reducing any risks associated with handling or storing sensitive payment information. You, the merchant, out-source capturing and managing payment card data to Secure Acceptance, which is designed to accept card payments.
Tingg Express Checkout
Discover Tingg… an integrated hub of digital services that powers commerce and end to end payments within ecosystems. We provide simple access to fast, secure and cost friendly payment and commerce services for blue chip companies, fast moving consumer goods companies, SMES, consumers – banked and unbanked, corporates and governmental entities.
Users can make and receive card and bank payments, pay bills, save, borrow, promote their business on a single platform with multiple channels.
Tingg express checkout is our new smart and safe online payment service that helps you to easily shop and pay in a secure way using either your mobile money, debit/credit card or your mobile banking. Tingg Express Checkout has been built by Cellulant- Africa’s leading and most trusted brand for digital payments.
FNB Withdraw Service with PayPal
Exclusive to FNB customers in Botswana. FNB brings you the Withdraw Service with PayPal – now you can receive payments using PayPal and withdraw the funds to your qualifying FNB account in four easy steps:
- Create and Verify your PayPal Account in order to receive payments online
- Open an FNB Account
- Register for FNB Withdraw Service – You will be required to grant FNB access to your PayPal account to process withdraw transactions, provide your FNB bank account details, ID and registration number if applicable, enter the One Time Pin sent to the mobile number or email address maintained by FNB.
- Get paid with PayPal and withdraw to FNB. Getting paid is safer, faster and easier with PayPal
- Transfer funds (USD) received from your PayPal account to your FNB account in your local currency. A withdrawal from a PayPal account takes 5 to 8 business days
Orange Mobile Money
Orange Money has so far developed a tailored approach with major market players to use mobile money as a web payment method. With Web Payment now available to Orange Money Merchants, it is now easier for Merchants to make their products and services available on their websites for easy payments. We have written a separate blog post on this service here.
Weblogic can assist you with all the payment gateway integrations above. Talk to us now.