what is SmartCash Transact
A low-cost digital payment platform that provides basic banking services to local communities.
Through the SmartCash Transact Platform, 3rd Party businesses are able to collect and manage monthly payments from their members.
Additionally, SmartCash Transact enables local retailers to accept payments on behalf of 3rd party service providers, as well as enabling retailers to sell a variety of financial products such as prepaid vouchers and cryptocurrency.
SmartCash Transact
Services
We enable traders at community level to facilitate payments using mobile POS technology. Our platform enables accept payments, sell local and global airtime; sell and accept Crypto Currencies such as Bitcoin.
Make Money for Every Payment you Accept.
SmartCash Transact assists with the management of cash, management of members/clients, reporting, receipting and reconciliation of every cash payment. Our technology also enables businesses to collect money using an existing retail network at community level, in addition to our system integration with EasyPay. Giving members of any Institution a variety of payment options.
Managing accounts from different service providers could be a hassle. Our portal make it possible to access accounts and manage payments from multiple service providers in one place.
Enabling financial inclusion
Our Footprint
We empower informal and formal merchants to facilitate payments using mobile technology
 Insitutions |
330 |
 Merchants |
475 |
 Users |
182073 |
| Acceptable Currency | ZAR, BTC |
Milestones
The Journey
Our vision is to revolutionalise payments. We are passionate about pioneering real financial inclusion.
Download our Mobile App
Download our mobile app
Download our mobile app to begin facilitating payments
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Accept Payments
Accept cash and mobile payments from your customers.
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Sell Prepaids & Vouchers
Sell airtime locally and globally.
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Sell & Buy Crypto Currency
Facilitate the purchase and exchange of CryptoCurrency such as Bitcoin and Ethereum to you customers
FAQs
Frequently Asked Questions
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SmartCash Transact is a card-less transacting platform that allows customers to Pay for goods and services, Send and receive money, Buy prepaids and vouchers, Buy and sell Cryptos At any participating merchant.
SmartCash Transact is a secured payment platform. All the money is banked with reputable financial institutions. Currently we are banking with Standard bank and FNB
It is simple. Register online for free as a customer or merchant or institution
We're experts in pioneering real financial inclusion, having been providing basic banking services to local communities since from 2019
We comply with regulators in payments and banking services to keep you and SmartCash Transact on the right side of the law.
Yes, we support both local and global currencies.
We support both cash and digital payment methods such as cryptos and mobile money wallets
Our services range from Merchant Facilities, Payment Collections, Crypto Exchange, Money Tranfers and Prepaid Vouchers
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A registered trader on the SmartCash Transact Platform that accepts payments, sell prepaid vouchers and exchange currencies.
Any trader not limited to: Tuck shops; Supermarkets; Wholesalers; Restaurants; Street vendors; Agents. Register here https://mysmartcash.tech/member/create ; and complete the process.
Upon registration on the SmartCash Transact platform, a mobile wallet is allocated to you. To accept payments, sell prepaids and exchance currencies simply load funds into your merchant wallet using anyone of the following methods: Bank transfer or Cash deposit at any participating merchant. Once the wallet is loaded, download the SmartCash Transact App from Google PlayStore to start accepting payments. 1. First login as a merchat on the SmartCash Transact Platform 2. On the home page, click on Wallets from the menu and then click your merchant wallet 3. To load funds, select Deposit and then follow the process to select the bank and specify the amount to deposit into your merchant wallet Please take note of the reference required for the deposit. Also note that bank deposit take up to 2 business days to reflect in your merchant wallet. 1. Accept direct payments for goods and services. 2. Accept crypto withdrawals or exchange crypto for cash. 3. Accept cash withdrawals from mobile wallets. 1. Sell prepaids vouchers. 2. Sell local and global airtime 3. Sell bitcoin and ethereum 3. Accept 3rd party payments There is no minimum amount required. Note that you can only accept payments based on the amount available in your merchant wallet.
As many payments as long as you have funds available in your merchant wallet.
Transaction Fee payable to the Merchant 3rd Party Payments R5.75 Sell & Buy Cryptos R5.75 Send & Receive Money R5.75 Sell Local Airtime R1 Sell Global Airtime R2 You do not need a personal or business bank account to be a merchant on the SmartCash Transact Platform
Available methods 1. Transfer money from your mechant wallet into your nominated bank account 2. Send money from your merchant wallet into a Standard bank Instant money wallet. Allowing you to withdraw cash at any Standard bank ATM or Instant Money participating retailers 3. Send money from your merchant wallet into FNB e-Wallet . Allowing you to withdraw cash at any FNB ATM or e-Wallet participating retailers -
Any service provider not limited to: Insurers; Stokvels / Societies; Transporters; Schools; Faith Based Organisations (Churches); 1. Register first as an institution here https://mysmartcash.tech/institution/create 2. Register again as a merchant here https://mysmartcash.tech/member/create 3. Our service consultant will contact you to complete the process. Upon registration on the SmartCash Transact platform, a mobile wallet is allocated to you to: 1. Accept cash and mobile payments at your branches. 2. Get paid through Easypay. You customers can pay you through an established network of retailers. 3. Keep track and reconcile all payments 4. SMS proof of payment to your customers 5. Access state of art reports online. You customers may also access thier report available online 6. Your customers have access to thier reports available online Yes, you are able to manage all your customers and thier payments online through our platform.
Yes, our platform will automatically reconcile bank deposits. you customer will receive an SMS as proof of payment.
Yes, our technology will help you manage all cash payments, reconcilation and receipting at various branches or in the field
Yes, If a minimum amount is not set then any amount paid by the customer at the merchant will be accepted
The money colleted from your customers are credited to your wallet on our platfrom. You can withdraw money using the following methods 1. Transfer money from a mechant wallet into your nominated bank account 2. Send money from a merchant wallet into a Standard bank Instant money wallet. Allowing you to withdraw cash at any Standard bank ATM or Instant Money participating retailers 3. Send money from your merchant wallet into FNB e-Wallet . Allowing you to withdraw cash at any FNB ATM or e-Wallet participating retailers -
Any person or indivudual registered on the SmartCash Transact Platform.
To register as a customer, you need to have a mobile phone with you. Option 1. Register here https://mysmartcash.tech/customer/create; and complete the process. Option 2. Visit any participating merchant or institution and ask the merchant operator to help you register for smartcash transact. All personal information is treated with confidentiality and will only be used for personal customer transactional purposes.
You can do the following at any participating merchant or online through our website: 1. Make a payment to a service provider. 2. Buy Bitcoin with cash. 3. Sell your Bitcoin for cash. 4. Buy local and global airtime. 5. Pay for goods and service using cash, cryptos and mobile wallets. 6. Send money to anyone, anywhere 8. Receive money 9. Buy prepaids and vouchers Option 1. Locate your nearest merchant here https://mysmartcash.tech/home/merchantlocator Option 2. Search a merchant from the list here https://mysmartcash.tech/member/merchantpartners At our participating merchants, you will see a SmartCash Transact Signage At our participating merchants, you will see a SmartCash Transact Signage
No. Only service providers that are registered with us can be paid through the SmartCash Transact Platform
You can pay or withdraw any amount from R10 to R5000 per day. note the total amount is limited to R25000 per month.
Yes, you can buy Bitcoin for as little as R50 at any particiapting merchant.
Yes, you can sell your Bitcoin for a cash of upto R5000 per day. This is limited to R25000 per month.
Yes, you can send a Bitcoin to anyone.
No, there is no guarantee for interest or profit. you are simply provided direct access to the crypto currency markets, and your crypto currency will fluctuate according to those markets. MySmartCash therefore does not take responsibility for any gains or losses made on your crypto currency assets.
Yes, use it like cash to pay for goods and service.
No, you Do not need to have a bank account to be a customer on SmartCash Transact.
No, you Do not need to have a smartphone to be a customer as you are able to transact and manage all your payments at any participating merchant.
No, there are no fees to be a customer on SmartCash Transact. you will only be charged a fee per transaction
The following transaction fees will be applied: 1. Make a payment to a service provider: R10 2. Buy Bitcoin with cash: R10 3. Sell your Bitcoin for cash: R10 - R25 4. Buy local and global airtime: No fee 5. Pay for goods and service using cash, cryptos and mobile wallets: No fee 6. Send money to anyone, anywhere: R10 8. Receive money: R10 - R25 9. Buy prepaids and vouchers: No fee
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