"As a payment method, it enables secure transactions online. With the increase in registered users, it is evident that the South African public is recognising that we are making their online shopping experience much faster and convenient," says Mark Chirnside, CEO of PayU. "To use, a consumer merely needs to link his or her various cards and look out for the logo when paying online."
Mike Cotterell, head of online shopping at Pick n Pay said, "The partnership contributes to giving our customers a wider range of payment options for their online shopping. We are constantly seeking ways to make our online shopping experience the best it can be and customers can now use their smart shopper points against their online spend."
Chirnside concludes, "Our aim with the various products, such as the branded wallet, is to enhance and guarantee payment security while providing a more convenient, hassle-free online shopping experience for our users. This consumer confidence will play an integral role in the current rise of the Internet economy, which has proven to be a key component of the South African economy."
Owned by Naspers, the company's products include a digital wallet for consumers and a PCI DSS level 1 certified payment gateway for businesses.
