Ozow
Country: South Africa (ZA) | Payment Rail: real_time_payment
OnlineBanking
Market Adoption: 55%
Ozow is a popular South African instant EFT payment gateway, enabling customers to checkout via secure online banking redirects.
🔄 User Payment Flow
- Customer selects Ozow at merchant checkout page
- Customer selects their bank and logs in with bank credentials
- Customer chooses the specific bank account to pay from
- Customer approves the payment on their mobile banking app via Push notification/OTP
- Ozow clears funds instantly bank-to-bank and redirects customer back
⚙️ Characteristics & Settlement
| Instant Payment | YES |
| Supports QR | YES |
| Supports Recurring | NO |
| Supports Refund | YES |
🛠️ Merchant Integration Steps
- Merchant calls payment creation API requesting Ozow bank transfer
- PSP issues bank gateway redirect URL
- PSP forwards payment clearance webhook notification instantly
🚀 Supported Payment Gateways & Acquirers (PSPs)
🔌 dLocal