By Zuko Komisa
TymeBank has partnered with a chain of spaza stores called Khona La Local Stores to extend its reach and provide financial technology to township businesses.
As a result of the agreement announced today, spaza stores in Daveyton, Ekurhuleni, will have access to TymeBank’s affordable technological solutions, which make it simple for customers to make cashless payments.
The chain of independently-owned township-based spaza stores will now employ the bank’s TymePOS point-of-sale system, an app that transforms any NFC-enabled cellphone into a tap-and-go payment device for debit and credit card purchases.
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Kaya Biz with Gugulethu Mfuphi spoke to Cheslyn Jacobs, Commercial Director at TymeBank about this new innovation.
LISTEN TO THE FULL CONVERSATION HERE:
“What excites us about this partnership is the opportunity to help local entrepreneurs to transform their businesses by providing the latest technology,”
“TymePOS is easy to set up, easy to use, offers next-day settlement, monthly transaction reports and all this with no paperwork, making it a potential game-changer for these businesses.” says Cheslyn Jacobs.
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