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Proudly South African, building new payments opportunities, together.

Grow. Expand. Together.

We touch the lives of ordinary South Africans in countless ways, empowering businesses and individuals with seamless, secure, and innovative financial services.

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Powering payments everywhere.

Simplifying your payment challenges, because you matter. The fintech environment is complex. We simplify it by providing reliable, always-on payment solutions that ensure compliance and keep your customers' transactions safe, all supported by outstanding customer service.

Our purpose
Transform today into a simpler, safer and smarter tomorrow

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Our History

We have a long and proud history of being a pioneering business.

Altron FinTech’s foundation is built on four lines of business that converged over time and as technology advanced formed a dynamic integrated, innovative, and successful business.

Since 1993, we've been passionate about finding solutions to fintech challenges.


This, coupled with the relentless ingenuity of our people, is what turned has turned us into the fintech leader we are today.

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1993

Altech Smart Card Technologies (ASCT)

In June 1993 Altech Limited signed an exclusive distribution agreement for Southern Africa with French technology group Schlumberger.

Received first terminal order from Absa which brought about the formation of Altech Smart Card Technologies.

1998

ANP relationship with Absa started

ANP got involved in providing implementation services to Absa in preparation for the year 2000.

1999

NuPay Classic product developed and deployed

The transaction was based on the debit card switch and was developed to conform to all banking regulations and practices. Initially the system only operated on Absa cardholders and the first successful NuPay transaction was processed on an Absa account on 14 November 1999.

1999

Introduction of Datacard into the Altech group

Altech Smartcard Technologies appointed as Datacard International’s Southern Africa distributor. Datacard is the leading US based company providing card personalisation solutions.

2001

Acquired Africard

Acquired Africard from Shave and Gibson, Africard being a Visa/MasterCard certified card personalisation and manufacturing facility.

2002

Altech Card Solutions formed

Terminals; personalisation and card manufacturing facility, as well as Datacard’s personalisation businesses’ put under one umbrella to form Altech Card Solutions.

Became a terminal supplier to FNB.

2002

Start of Integrated Transaction Solutions (ITS)

Acquired the Postilion switch from AST

2003

Standard Bank joined NuPay Classic

In April 2003 Standard Bank joined the NuPay system and the first successful transaction on a Standard Bank account was processed on 15 April 2004.

2004

Acquisition of Cardtronnic

ACS acquires Cardtronnic, a non-secure card manufacturing and personalisation facility.

Supplier of terminals to Nedbank for integrated solutions.

2005

ANP largest supplier to the Micro Finance industry

Our NuPay Classic product was storming the market with the force of a hurricane and new clients joined the NuPay family almost daily. NuPay had a staff compliment of 46 and we were growing monthly.

2005

Acquisition of Namitech

ACS’ Card manufacturing business sold to Labat Limited. Card personalisation business transferred over to Altech Namitech.

2006

AEDO payment stream went live

ANP instrumental in the design of the EDO payment stream which is based on the NuPay Classic transaction.

2007

NAEDO product launched

NuPay NAEDO was introduced in 2007 to bolster our debit order offerings.

2007

Thales distributorship awarded

ACS was awarded exclusive distributor status by Thales UK for the provision of Cryptographic solutions.

Became an Integrated Service Provider to the McDonald’s chain.

2008

POS transactions launched

NuPay went live with their first Point of Sale (POS) transaction. During this period, Absa became part of the Barclays Bank group. According to their company policy, none of their subsidiary companies were allowed to have a minority share in a private company.

2008

More moves

  • The information security business within Altech Namitech is transferred into the ACS portfolio.
  • The Cardtronnic facility moves from ACS to Altech Namitech.

2009

Altech buys out Absa’s stake

After extensive negotiations Allied Technologies Limited (Altech) announced on the 4th of June 2009 the purchase of 50% (the buyout of Absa), plus 1 share in NuPayment Solutions (Pty) Limited. Altech NuPay had now grown to a staff compliment of just over 100.

2010

Period of innovation and new products launched

Altech NuPay headed into a period of innovation releasing products such as NuPay NuCard.

2010

Preferred Capitec supplier

ACS became the preferred terminal supplier for Capitec Bank.

2011

Datacard milestones

Selected as the partner in conjunction with Datacard to provide the in branch issuance machine. At the time the 1800 machines installed at Capitec was the largest installation in the world.

In conjunction with a local integrations solutions provider won the contract to provide Datacard equipment for the Voter Registration cards in Guinea Bissau.

2012

Government Printing Works tender

Awarded tender by Government Printing Works to provide Datacard equipment for the local SA identification card project.

2013

Altech acquires management stake

Altech acquired the Itas share in Altech NuPay. Altech NuPay was now an Altech owned company.

2014

Preferred technical service provider for authenticated collections for Absa, SBSA and Finbond Mutual Bank

2015

Delter was acquired by Altron in 2015 and fully integrated into the divisions’ product offerings.

2021

Altron Fintech goes live with DebiCheck. Still based on the original NuPay classic transaction, DebiCheck goes live in November in the payment environment space.

Simple, Safe, Reliable

We'll help you to simplify your digital payments & tokens, transaction processing, on time, in a reliable and secure way, that saves you money, reduces complexity and makes you more productive, because you matter.

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Customer Success Stories

What our customers say about us

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Star Finance

Star Finance, a microfinance company with nearly 30 years in the industry, has been partnering with Altron FinTech for over a decade. Their decision to move to DebiCheck transformed their operations, allowing them to shift toward a fully virtual model. This transition has enabled them to expand beyond the Western Cape and embrace cashless operations, fuelling their growth. Altron FinTech’s services have been key in this transformation, providing secure, efficient payment solutions.

“innovative, they are ahead of technology compared to the rest of the players in the industry.”

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CFin

CFin, a microfinance company specializing in microloans, has been a long-standing partner of Altron FinTech since 2001. Over the years, Altron FinTech has supported CFin's operations with reliable payment solutions.

CFin utilizes NuPay, which provides secure, flexible payment processing and debit order solutions, allowing the business to manage cash flow efficiently. This system also enables the owner, to work remotely, offering crucial flexibility in the fast-paced microfinance industry.

“They are efficient with any problems I have.”

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Oh My WiFi

Oh My WiFi is a telecommunications company specializing in mobility and interconnection services, In 2023, OhMyWifi partnered with Altron FinTech to implement the DebiCheck solution, which provided a reliable system for managing multiple debit orders and preventing payment reversals. This solution allowed Oh My WiFi to stabilize cash flow and cater to seasonal fluctuations, improving overall payment flexibility and operational efficiency. The personalized onboarding process and ongoing support from Altron FinTech further strengthened the business’s ability to grow and attract clients in rural areas.

“They are the greatest!”

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National Debt Help

National Debt Help, a debt counselling company, has transformed its operations with Altron FinTech's NuPay platform. By transitioning to DebiCheck, National Debt Help streamlined its workflow, allowing real-time transaction processing and improving overall efficiency. The platform's user-friendly design simplified daily operations, while features like Strike Date Analysis (SDA) enhanced transparency and client management.

"NuPay is user-friendly and simple to understand. Since I’ve joined, I’ve been able to work independently, and everything is in my own hands."

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Sessol

Sessol, a direct marketing company, has been a long-term partner with Altron FinTech for over five years, transforming its operations with the integration of NuPay’s DebiCheck platform. With the adoption of DebiCheck, they seamlessly transitioned to electronic payments, now accounting for 80% of their operations. This shift has enhanced their payment processes and given them a competitive edge. Sessol continues to rely on Altron FinTech’s solutions for business growth, benefiting from their responsive customer support and commitment to innovation.

"Thank you for the service and giving us access to financial services. We value long-term partnerships and appreciate the support we’ve received."

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Payday Buddy

Established in 2022, Payday Buddy is a microfinance business dedicated to offering small, accessible loans to its community. With a National Credit Regulator (NCR) certificate, the company ensures responsible lending practices. By utilizing Altron FinTech’s DebiCheck solution, Payday Buddy has streamlined its loan repayment process, enabling automated and secure payment collections. This integration has improved cash flow management and allowed the business to scale efficiently, providing even greater financial support to those in need.

"The system they have is brilliant at the moment,"

Our Values  

  • Openness honesty and integrity (1)
    We believe in openness, honesty and integrity
  • Collaborate across multiple teams
    We collaborate across teams
  • Passionate about our employees
    We are passionate about customers, partners, employees and communities
  • Get things done and enjoy doing it
    We get things done and enjoy doing it
  • Embrace diversity and inclusion
    We embrace diversity and inclusion

Solutions within Altron FinTech


We make your fintech challenges simple and help you to grow, because you matter.

  • Transaction switching
  • Credit management Solutions
  • Collections & payments
  • Field Services
  • Card Personalisation

Transaction Switching

Any payment token via any payment device to any Acquiring Bank. Being a market leader in seamless omnichannel payment processing, we have various payment solution offerings including integrated POS, standalone terminals, eCommerce and mobile payments for online purchases.

Our payments platform drives fast, cost-effective, and secure payments to all the Acquiring Banks in South Africa.

Credit Management Solutions

The core focus of our credit management solution is to provide our customers with market-leading client management systems. One of the key benefits of our credit management software is that it can be used in any microfinance business, no matter the size.

Collections & Payments

Our “always on” PCI-DSS certified hosted transaction processing infrastructure enables us to provide our customer base with secure managed electronic payment and collection solutions. In addition to this we also offer proven business solutions to process DebiCheck transactions

Field Services

The core focus of our credit management solution is to provide our customers with market-leading client management systems. One of the key benefits of our credit management software is that it can be used in any microfinance business, no matter the size.

Card Personalisation

Our card personalisation and issuance solutions offer exceptional card issuance devices, software packages and supporting services to various market verticals such as Financial, Government, Corporate, Retail and Healthcare. We offer in-branch card issuance solutions as well as our technical expertise that provides maintenance services.

Transaction switching

Transaction Switching

Any payment token via any payment device to any Acquiring Bank. Being a market leader in seamless omnichannel payment processing, we have various payment solution offerings including integrated POS, standalone terminals, eCommerce and mobile payments for online purchases.

Our payments platform drives fast, cost-effective, and secure payments to all the Acquiring Banks in South Africa.

Credit management Solutions

Credit Management Solutions

The core focus of our credit management solution is to provide our customers with market-leading client management systems. One of the key benefits of our credit management software is that it can be used in any microfinance business, no matter the size.

Collections & payments

Collections & Payments

Our “always on” PCI-DSS certified hosted transaction processing infrastructure enables us to provide our customer base with secure managed electronic payment and collection solutions. In addition to this we also offer proven business solutions to process DebiCheck transactions

Field Services

Field Services

The core focus of our credit management solution is to provide our customers with market-leading client management systems. One of the key benefits of our credit management software is that it can be used in any microfinance business, no matter the size.

Card Personalisation

Card Personalisation

Our card personalisation and issuance solutions offer exceptional card issuance devices, software packages and supporting services to various market verticals such as Financial, Government, Corporate, Retail and Healthcare. We offer in-branch card issuance solutions as well as our technical expertise that provides maintenance services.

Our leadership

At Altron FinTech, we believe that great leadership drives innovation, customer success, and growth. With a combined experience of over 293 years, our leadership team exemplifies a wealth of expertise across various sectors, including fintech, payments, IT, and financial services. With deep experience across sectors, from payments and credit services to customer-centric innovations, our leadership team is focused on ensuring that Altron FinTech continues to deliver trusted, secure, and innovative solutions, proudly driving South Africa’s fintech future forward.

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Work at Altron FinTech

Our people are the best in the business at tackling important problems from the everyday to the epic. Together, we deliver solutions that positively impact our economy, communities and the environment. 

At Altron, you’ll experience diverse, exciting and rewarding work while pursuing a fulfilling career.
 

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We’re part of a 59-year old technology giant

Altron is a proudly South African technology group. We harness the power of data, technology and human ingenuity to solve real-world problems, from the everyday to the epic.

A technology industry leader since 1965, we’re partnering with customers across all industries to help them grow, build a thriving economy and transform today into a simpler, safer and smarter tomorrow. Altron operates in five countries, employs 4,700+ people and reported revenue of ZAR 8.25 bn for the
12-month period ended 29 Feb 2024.

To learn more about Altron Group, click here.

We partner with businesses across South Africa to solve real-world problems. How can we help you take on tomorrow?