Ching is revolutionizing the mobile payment industry in South Africa. Ching enables anyone to easily accept credit and debit card payments via Mobile or Web
The current merchant acquiring model used by the South African Banks means that physical merchants who do not consistently turnover in excess of R14k per month are not normally considered as potential clients. This means that a large number of potential merchants are denied the opportunity to accept payment cards in their businesses and those that are signed up have to carry the overhead of device rentals in order to process the transactions.
The Ching solution allows any merchant who has the capability to interface to our web or .mobi site to accept credit or debit card transactions on a pay per transaction basis. The security mechanisms that surround the Ching environment also protect the merchant from repudiation based disputes and chargebacks.
Business Philosophy:
Ethical, responsible business practices are paramount to the success of the organization. In order to achieve this, Ching will built on the principle of doing the right thing each and every day, and by treating business partners, customers, and employees with honesty, fairness, and respect. The King code on corporate governance will be honored in accordance with the South African Companies Act 2011.