Scan To Pay
Scan to Pay operates South Africa's largest interoperable QR payment ecosystem, processing billions of Rands across 650,000+ merchant locations and 19 million users through integration with all five major South African banks, 94 PSPs, and acquirers.
- Company typePrivate
- Founded2012
- HeadquartersGauteng, South Africa
- Headcount—
- GTM typeB2B
- OfferingSoftware
What Scan To Pay does
Scan to Pay, operated by Ukheshe Technologies (Pty) Ltd and part of the EFT Corporation ecosystem, is South Africa's largest interoperable QR payment platform, founded in 2012 and headquartered in Johannesburg. The platform connects consumers, merchants, banks, payment service providers, and acquirers through a single QR acceptance layer that processes transactions over existing card rails. It supports static and dynamic QR codes for in-store payments, hosted and custom checkout for e-commerce, USSD for feature-phone users, app-to-app deep links, and bill payments. Scan to Pay also operates the Eclipse merchant acquiring platform, a 19-step API-driven KYB onboarding flow with sanctions screening, enabling it to function as an acquirer-adjacent infrastructure layer rather than only a wallet overlay.
The platform is embedded in every major South African bank's app — ABSA, Standard Bank, Nedbank, FNB, and Capitec — reaching 16 million users through banking app inclusions in addition to 3 million direct Scan to Pay app downloads. It also interoperates with competing consumer wallets such as SnapScan and Zapper, and through a MoneyBadger integration launched in October 2025, enables cryptocurrency payments from Binance, Luno, and VALR users at 650,000+ merchant locations. The merchant base spans major South African retailers (Pick n Pay, Shoprite, Checkers, Makro, Takealot, Engen, Clicks), telecoms (MTN), media (MultiChoice), and travel (South African Airways), with 94 PSPs/integrators and 18 fintechs connected to the platform.
Scan to Pay earns revenue primarily through transaction processing fees on QR-based payments and through Eclipse merchant acquiring activities, with merchants paying fees via their existing acquiring bank relationships; the consumer-facing app is free. The company is PCI DSS Level 1 certified, registered as a Financial Services Provider (FSP 45133) with the Payments Association of South Africa, and registered as a Merchant Aggregator with Mastercard and Nedbank. Recent product expansion includes the 2024 Pay by App e-commerce checkout solution, the 2025 cryptocurrency integrations, and the Scan to Pay Vouchers product for corporate rewards and digital payouts.
Scan To Pay firmographics
Firmographics- Name
- Scan To Pay
- Legal name
- Ukheshe Technologies (Pty) Ltd
- Website
- https://scantopay.io
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Short description
- Scan to Pay operates South Africa's largest interoperable QR payment ecosystem, processing billions of Rands across 650,000+ merchant locations and 19 million users through integration with all five major South African banks, 94 PSPs, and acquirers.
- Ownership category
- akta.pro rank
Scan To Pay industry classification
Industry- Product category
- QR Payment Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Processor-Agnostic / White-Label Acquiring Platforms (Acquiring-as-a-Service) (FSAMABAI)
- akta.pro secondary industries
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)
Keywords
Where Scan To Pay is headquartered
LocationHeadquarters
- HQ city
- Gauteng
- HQ country
- South Africa
- HQ region
- Africa
Offices1 record
Markets served
Scan To Pay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- Transaction Processing Fees: Scan to Pay earns fees from processing QR-based transactions across the network. Merchants pay transaction fees through their acquiring bank relationships. The platform sits on top of existing card-payment rails.
- Merchant Acquiring: Direct acquiring capabilities through Eclipse platform, enabling merchants to process card-present and card-not-present transactions with settlement through acquiring bank relationships.
- API and Integration Services: Developer platform providing APIs and SDKs for wallet providers, PSPs, and merchants. Supports hosted checkout, custom checkout, and SDK embedding options.
- Voucher Services: Digital voucher platform enabling corporate payouts, employee rewards, and gift vouchers. Revenue from voucher issuance and distribution services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Consumer service free of charge |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels5 records
Scan To Pay product offering
Product offeringCore offering
Scan To Pay operates an interoperable QR-based payment platform that connects banks, payment service providers, fintechs, acquirers, and merchants through a single acceptance layer. The platform supports in-store (static/dynamic QR), e-commerce, USSD, app-to-app, and bill payment channels, processes billions of Rands in annual transaction value, and is PCI DSS Level 1 compliant. Core monetization comes from transaction processing fees, merchant acquiring via the Eclipse platform, API/integration services, and voucher issuance, while the consumer wallet app is provided free of charge to drive network effects.
Product overview
Scan to Pay is South Africa's largest interoperable QR payment ecosystem, founded in 2012, operating as a unified platform-plus-modules architecture. The core Scan to Pay QR Payment Platform powers QR-based payments across every major South African bank (ABSA, Standard Bank, Nedbank, FNB, Capitec) and runs through all major acquirers. The portfolio includes the Scan to Pay App (consumer mobile wallet with 3M downloads), E-commerce Checkout (hosted and custom), QR Payments (static/dynamic for POS), Bill Payment, USSD Payment (extending to feature phones), App-to-App Payments (deep links), Scan to Pay Vouchers (digital rewards and payouts), In-App Payments SDK (Android/iOS merchant embedding), Remote API (for wallet providers to embed scan-and-pay), Merchant Acquiring Reseller/Eclipse (end-to-end KYB onboarding), Portal API (merchant management), and Converged Wallet App. The platform processes billions of Rand in annual transaction value across 650,000+ merchant locations, with recent additions of cryptocurrency payments via MoneyBadger integration covering Binance, Luno, and VALR.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 650,000+ merchant acceptance locations across South Africa
- +3 more outcomes
Companies that use Scan To Pay
Customer profileNamed customers22 records
Segments6 records
Ideal customer profiles4 records
Scan To Pay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration21 records
AI capability1 record
Feature9 records
Scan To Pay partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- MoneyBadgercoreIntegration enabling direct cryptocurrency payments at Scan to Pay merchant locations. Users across Binance, Luno, and VALR platforms (7 million+ users) can pay with cryptocurrency at 650,000+ merchants. MoneyBadger handles the crypto-to-fiat conversion in real-time.
- AltcoinTradercorePartnership unlocking cryptocurrency spending across 650,000+ Scan to Pay merchant locations. AltcoinTrader users can spend crypto balances directly at any merchant accepting Scan to Pay.
- ABSAcoreMajor South African bank integrated into Scan to Pay wallet ecosystem. Bank's app includes Scan to Pay functionality for QR payment acceptance and initiation.
- Standard BankcoreMajor South African bank integrated into Scan to Pay wallet ecosystem. Bank's app includes Scan to Pay functionality for QR payment acceptance and initiation.
- NedbankcoreMajor South African bank integrated into Scan to Pay wallet ecosystem. Nedbank also provides acquiring services as TPPP (Third Party Payments Processor).
- FNBcoreMajor South African bank integrated into Scan to Pay wallet ecosystem. Bank's app includes Scan to Pay functionality for QR payment acceptance and initiation.
- CapiteccoreMajor South African bank integrated into Scan to Pay wallet ecosystem. Bank's app includes Scan to Pay functionality for QR payment acceptance and initiation.
- MastercardcoreMastercard registration as Merchant Aggregator. Scan to Pay enables Mastercard QR acceptance and participates in MATCH (terminated merchant list) screening for compliance.
- Payments Association of South Africa (PASA)coreThird Party Payments Processor registered with PASA, South Africa's payment industry association governing electronic payment standards.
- EFT CorporationcoreEFT Corporation is the parent company/operator of Scan to Pay. © 2025 EFT Corporation. The Eclipse platform for merchant acquiring is operated by EFT Corporation.
- VodaPayminorVodafone-backed digital wallet integrated into Scan to Pay ecosystem, enabling VodaPay users to pay at Scan to Pay merchant locations.
Scale indicators8 records
Recent moves6 records
Expansion highlights7 records
Scan To Pay competitors and assessment
Company assessmentDirect peers
- SnapScan: South African QR-based payment app originally independent and now Standard Bank-owned; directly competes in merchant QR acceptance and consumer scan-to-pay, with which Scan to Pay has interoperability partnerships.
- Zapper: South African QR payment provider used by major retailers; competes head-on in QR-based POS acceptance and consumer wallets and is interoperable with the Scan to Pay ecosystem.
- VodaPay: Vodacom-backed digital wallet integrated into the Scan to Pay ecosystem; targets the same consumer scan-and-pay use case through a telco distribution channel.
- Masterpass: Mastercard's QR/wallet product that Scan to Pay was originally built on top of (the Capitec app bundle is 'com.oltio.capitec.masterpass'); competes at the card-network-backed QR layer.
- Ozow: South African instant EFT and alternative-payment provider; competes for the same merchant and PSP integrations across QR, e-commerce checkout, and bill payment rails.
Emerging players
- MoneyBadger: South African crypto-payment integration partner of Scan to Pay, enabling Binance, Luno, and VALR users to pay at Scan to Pay merchants; closest direct overlap on the crypto-at-POS capability.
- Stitch: South African payment-infrastructure fintech offering APIs for payouts and account-to-account flows; overlaps with Scan to Pay in developer-first payment APIs and fintech integration services.
Broad incumbents
- Apple Pay: Global wallet incumbent entering South Africa; competes indirectly for the same high-value contactless and e-commerce payment volume Scan to Pay captures.
- PayShap: PASA-led national instant payment / QR standard supported through Scan to Pay's Portal API; the dominant inter-bank interoperable scheme that could re-shape competitive dynamics for all QR players.
- Google Pay: Global wallet and tap-to-pay incumbent active across Africa; competes for consumer payment attention and merchant acceptance reach parallel to Scan to Pay's stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Scan To Pay social profiles
Digital presenceScan To Pay compliance and trust
Trust signalCompliance6 records
Scan To Pay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Scan To Pay leadership team
Management profileNumber of profiles
Scan To Pay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Scan To Pay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Scan To Pay
What does Scan To Pay do?
Scan To Pay operates an interoperable QR-based payment platform that connects banks, payment service providers, fintechs, acquirers, and merchants through a single acceptance layer. The platform supports in-store (static/dynamic QR), e-commerce, USSD, app-to-app, and bill payment channels, processes billions of Rands in annual transaction value, and is PCI DSS Level 1 compliant. Core monetization comes from transaction processing fees, merchant acquiring via the Eclipse platform, API/integration services, and voucher issuance, while the consumer wallet app is provided free of charge to drive network effects.
Is Scan To Pay a public or private company?
Scan To Pay is a private company. It is classified as corporate owned and is currently operating.
When was Scan To Pay founded?
Scan To Pay was founded in 2012.
Where is Scan To Pay based?
Scan To Pay is headquartered in Gauteng, South Africa, in the Africa region.
How does Scan To Pay make money?
Four revenue lines are on record. Transaction Processing Fees are the primary driver. The others are merchant Acquiring, API and Integration Services and voucher Services.
Who are Scan To Pay's main competitors?
Direct peers on record are SnapScan, Zapper, VodaPay, Masterpass and Ozow. Emerging players are MoneyBadger and Stitch. Broad incumbents are Apple Pay, PayShap and Google Pay.
Does Scan To Pay have an API?
Yes. Scan to Pay offers a comprehensive REST API with multiple integration paths: (1) Merchant/PSP Integrations covering QR Payments (static/dynamic), E-commerce Checkout (Bluebox hosted/custom), Bill Payment, App-to-app (Android/iOS deep links), USSD payment, Refunds/Reversals, Querying transactions, and Merchant Onboarding; (2) Remote API for Wallet Providers enabling scan-and-pay embedding, Card Provisioning API, and P2P payment requests; (3) In-App Payments SDK for Android and iOS (Library Lite) allowing merchant apps to embed Scan to Pay directly; (4) Portal API for merchant management, notifications, API credentials, transaction lookup, bulk QR codes, PayShap management; (5) Merchant Acquiring Reseller API (Eclipse) for end-to-end merchant onboarding with 19 ordered steps. The API supports webhooks with encrypted, signed payloads for real-time transaction notifications, ISO response codes, idempotency, and rate limits. Sandbox/test environment available separate from production. Authentication methods include token-based and OAuth. Developer documentation is at developer.scantopay.io.
What industry is Scan To Pay in?
Scan To Pay's product category is QR Payment Platform. Its primary akta.pro industry code is FSAMABAI, Processor-Agnostic / White-Label Acquiring Platforms (Acquiring-as-a-Service), with a secondary code of FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout). Its NAICS code is 52232.