Standard bank has acquired a majority stake in firepay, the company that develops popular mobile payments platform snapscan. This is the bank s first mobile payments offering that allows consumers to pay for their purchases with their smartphones through a combination of. Its the perfect combination of security and convenience, safely storing payment and shipping information so that consumers can spend less time checking out. Standard bank merchant solutions south africa snapscan. Firepay was formed in 20 to apply new mobile payments technology to. Snapscan is a safe and convenient payment solution that allows you to accept payments anywhere, anytime no matter what kind of business you have.
Standard bank says that its mobile payment app, snapscan, has signed up over 12,000 small businesses nationally,since its launch in may. This is a safe way of paying accounts without needing cash. Snapscan is also bank agnostic, meaning that you dont have to be a standard bank business banking customer to utilise the service. Dec 12, 2016 standard bank has acquired a majority stake in firepay, the team behind south africas largest mobile payments product, snapscan. Standard bank has announced that it has acquired a majority stake in firepay the team behind south africas largest mobile payments product, snapscan. It has now been replaced by the ix1500 scanner that has enhanced all the great features of the ix500 and added team functionality, making it the natural successor for home and small office use. Aug 22, 2014 standard bank the man who couldnt stop moving forward slim egg films duration. If you receive a suspicious email containing links, please forward it to email protected for shutdown. After installing the app load your bank card, add a secure pin or use fingerprint authentication and then scan a snapscan qr code to make payments with your phone.
If you havent installed a windows driver for this scanner, vuescan will automatically install a driver. South africas trusted mobile payment solutions app thats transforming mobile transactions between businesses and app users one snap at a time. At midnight each day, all transactions from the previous 24 hour period are tallied and transferred directly into your bank account. It has recently come to our attention that certain websites are using fujitsu and scansnap names without our permission, apparently stating that they are providing product information and software downloads. Types of bank scams to avoid bank safely standard bank. In 2014 firepay, in partnership with standard bank, launched snapscan to allow customers to pay for goods and services using only. Free ongoing software upgrades sbsa 232602 416 valueadded services virtual solutions 01. The software installed easily and it was not hard to get up and running. Pay with your phone shop in store and online settle bills via invoices and inapp. This is the bank s first mobile payments offering that allows consumers to pay for their purchases with their smartphones through a combination of a qr code and a secure pin number. Snapscan for windows phones standard bank community 3633. Snap and go snapscan is an app that anyone can download regardless if you are a standard bank customer or not. Snapscan positive in face of strong competition from apple.
Snapscan is a payment app downloaded free onto a customers smartphone. Snapscan is a simple point of sale application that allows you to pay anyone registered with snapscan. If youre using windows and youve installed a agfa driver, vuescans builtin drivers wont conflict with this. Snapscan was acquired by standard bank on dec 12, 2016. South africas standard bank acquires majority stake in.
Youre out getting your favourite homemade icecream at the local craft market but dont have any cash. Patrons can make quick and easy payments from their mobile phones, eliminating. Snapscan is a good choice if you service customers who mainly pay with credit or cheque cards. Standard bank has acquired a majority stake in firepay the team behind south africas largest mobile payments product, snapscan. Dec 09, 2016 in 2014 firepay, in partnership with standard bank, launched snapscan to allow customers to pay for goods and services using only their mobile phone. Snapscan is standard bank new payment system just snap and go. The snapscan app allows users to pay for goods and services using only their mobile phone. Standard bank has announced that it has acquired a majority stake in firepay the team behind south africas largest mobile payments. The standard bank masterpass app simplifies the way you shop, whether at home, in a store or on the go. Standard bank of south africa has publicly launched snapscan, a qr code based mobile payment system that has been under development.
Snapscan is an ideal solution if you need a cardprocessing payment system that is quick, secure, mobile and easy to use. Software acquired companies top 10k 9,959 number of organizations. Standard bank launches snapscan a snappy payment solution. Business online allows you to make payments to third parties or transfer funds electronically and seamlessly between your standard bank accounts, across any device. Snapscan is a mobile payments app, providing south africans with the most convenient way to securely pay with their phones. This is the banks first mobile payments offering that allows consumers to pay for their purchases with their smartphones through a combination of a qr code and a secure pin number.
Snapscan is a free payment app that works on a customers smartphone the app can be downloaded from any app store to any smartphone customers register their card details on their snapscan app in order to make cardnotpresent payments. Consumers from any bank, not only standard bank, can download and use the app. The scansnap can detect and automatically delete blank pages from a scanned image. Previous articlemicrosoft, treasury in new software deal. By combining our ingenuity with standard banks impressive financial infrastructure and expertise, snapscan has been changing the way south africans pay and get paid one snap at a time. Standard bank group is a global bank with african roots. Dec 09, 2016 standard bank has announced that it has acquired a majority stake in firepay the team behind south africas largest mobile payments product, snapscan. Just two years later, snapscan is now used by hundreds of thousands of customers, at a national network of more than 32 000 physical and online merchants. How mobile payments can boost your business standard bank. This is the problem that standard bank s new system aim to solve with a simple yet innovative technology known as snapscan. In 20, standard bank, in partnership with tech startup firepay, debuted snapscan, a cashless, cardless payment app that can be used both instore and online. Because its a mobile solution, it can be used anywhere and at any time, suiting merchants who trade in small locations, indoors or outdoors. Firepay launched snapscan in partnership with standard bank in 2014. Pay with your phone at over 50 000 merchants across south africa.
Standard bank today announced the launch of mobile payment app, snapscan. Standard bank acquires firepay, the maker of snapscan. Vuescan is compatible with the agfa snapscan e25 on windows x86, windows x64, windows rt, windows 10 arm, mac os x and linux. Information brochure merchant solutions standard bank. Snapscan is standard bank new payment system just snap. It is south africas largest bank, distinguished by its extensive operations in 17 african countries. Fuelling your business growth our strong corporate investment banking division can also assist you in tailormaking a variety of proposals to suit your business needs.
Standard bank buys snapscan maker, firepay standard bank has announced that it has acquired a majority stake in firepay the team behind south africas largest mobile payments product, snapscan. Aug 19, 2018 the app was launched in partnership with standard bank, and the bank ultimately acquired the developer of snapscan, firepay, at the end of 2016. For example, when you scan a mixed batch of doublesided and singlesided documents in duplex mode, the images are generated without the back sides of the singlesided documents blank pages. The snapscan application get linked to your credit card. If you bank with standard bank, these funds should reflect in your account on the same day. No need to carry cash, wait for the card machine or enter your card details with every online purchase. If we offer any software to you on or through our website, the licence agreement is between you and the software licensor owner. According to kobus ehlers, ceo of firepay, snapscan was invented to give the under and unbanked access to financial services. Snapscan is an easy, affordable and convenient way for merchants to accept payments. Standard bank has acquired a majority stake in firepay, the team behind south africas largest mobile payments product, snapscan. May 21, 2014 standard banks snapscan aims to simplify payments. The innovative snapscan from standard bank simplifies the business payment process with the snap of a smartphone. Standard bank is also working with icbc on the internationalization of the chinese currency, the renminbi rmb which will increase its rmb dominated cross border capabilities.
The digital payments system enables consumers to pay for. Johannesburg big four bank standard bank has bought a majority stake in firepay the team behind snapscan. Standard bank acquires firepay, the team behind snapscan. After installing the app load your bank card, add a secure pin or fingerprint authentication and then scan a snapscan qr code to make payments with your phone.
This is the banks first mobile payments offering that allows. Standard bank announced the official launch of mobile payment app, snapscan, in a press release issued on wednesday, 21 may 2014. So instead of turning customers away due to a lack of a pos system, business owners can now in essence accept. Our strong corporate investment banking division can also assist you in tailormaking a variety of proposals to suit your business needs. Patrons can make quick and easy payments from their mobile phones, eliminating the need to carry cash or cards. Standard bank launches snapscan for mobile payments htxt. May 21, 2014 standard bank today announced the launch of mobile payment app, snapscan. Any upate regarding development of snapscan for windows mobile. Standard bank is a licensed financial services provider in terms of the financial advisory and intermediary services act and a registered credit provider in terms of the national credit act, registration number ncrcp15. With snapscan you can use your smartphone to make payments, send money to friends and earn ucount rewards points.
Snapscan is optimal for you and your business if you operate a singletill environment and you process low volumes of transactions. No need for cards, cash, or timeconsuming efts just simple payments in a snap. This is when youre tricked into allowing remote access control software to be downloaded onto your computer. It does not cost the users anything to use and you can even purchase electricity and airtime with the app. In a statement on friday, the bank said the deal for an undisclosed amount. For up to date information about the covid19 pandemic visit za. Standard bank buys snapscan maker, firepay mybroadband forum. Standard bank launches qr codebased mobile payment scheme. All you need to do is scan the barcode of the merchant you need to pay. The spoofed website, accessed via the given hyperlink in the email, does not have one of standard banks official website addresses or urls that you usually use to access information or use to access online banking. Outside the african continent, standard bank group operations span to 16 countries, with an emerging market focus. Standard bank is one of two banking launch partners. Snapscan settles transaction amounts using a daily settlement system.
Agfa snapscan e25 driver vuescan scanner software for. You can now pay accounts using the snapscan application from a smart phone. Also which mobile app should we use for standabank on windows phones. Standard bank has acquired a majority stake in the developer of mobile payment service snapscan, a company called firepay, for an undisclosed amount, it said on friday. Standard bank one of south africas largest financial services groups earlier this week on monday announced they had acquired a majority stake in firepay. Current one ask for authorisation code which neither i or my branch seem to know where to get. Its a mobile payment solution that makes it easy and safe to pay and receive payments in a store, online, at home, and on the go. Snapscan combines the agility and speed of a small local startup with the industry knowledge and experience of standard bank, africas biggest bank. Standard bank is a licensed financial services provider in terms of the financial advisory and intermediary services act and a. May 21, 2014 this is the problem that standard banks new system aim to solve with a simple yet innovative technology known as snapscan. Snapscan is a free and fast way to pay using your phone. Dec 12, 2016 snapscan will continue operations as normal, with the firepay team staying on board to grow the product, standard bank said in a statement.
Make sure your devices always have the latest browser and security software. Dec 15, 2016 standard bank has acquired a majority stake in firepay the team behind south africas largest mobile payments product, snapscan. After a lengthy pilot project, standard bank has commercially launched snapscan, a smartphonebased payments system that removes the need for consumers to carry either cash or bank cards, allowing them to make payments using only their phones. Big four bank standard bank has bought a majority stake in firepay the team behind snapscan. Standard bank is a licensed financial services provider in terms of the financial advisory and intermediary services act and a registered credit provider in. Customers and merchants with any south african bank will still be able to pay with or receive payment via the app, the bank emphasised. Agfa snapscan e25 driver want to keep using your agfa snapscan e25 on windows 10. No twain driver unusable directly with any software that expect to control a scanner.
By combining our ingenuity with standard bank s impressive financial infrastructure and expertise, snapscan has been changing the way south africans pay and get paid one snap at a time. May 21, 2014 standard bank announced the official launch of mobile payment app, snapscan, in a press release issued on wednesday, 21 may 2014. The scansnap ix500 is retiring after establishing market leadership for personal and small professional use. Firepay was formed in 20 to apply new mobile payments technology to build innovative products. Snapscan is compatible with most bank cards, as well as the standard bank virtual card. Standard bank the man who couldnt stop moving forward slim egg films duration. In 20, snapscan launched one of the first mobile payment apps in south africa. Standard bank buys snapscan team at firepay itonline. They work through standard bank and have about 5000 merchants registered presently. They do this with spying software and fake websites designed to look like your online banking. Standard bank is a licensed financial services provider in terms of the financial advisory and intermediary services act and a registered.
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