CAPE TOWN, 28 October 2013 – eCentric Switch, a leading South African Payment Services Provider, today announced the launch of its new brand identity and company name, Ecentric Payment Systems. This rebranding aims to support Ecentric’s long term corporate positioning and growth strategy.
Ecentric Payment Systems has undergone a significant transformation over the past 15 years. To reflect their unprecedented growth and new corporate look and feel, Ecentric is proud to announce the launch of their new website, www.ecentric.co.za. The new website includes ECENTRIC INSIGHTS which publish the latest news, commentary, infographics and whitepapers on payment industry topics.
“The payments industry is constantly evolving. Facilitated by the latest technology, today’s consumers expect payment systems to meet their rapidly changing payment preferences. In addition, the payment token itself has evolved; from magnetic stripe to chip, through to contactless, and now the card is giving way to alternative payment forms such as tokens and wallets. However, the fundamental aspects of electronic payments remain the same. Near 100% availability, responsiveness, security, authenticity and traceability supported by accurate reconciliation and MIS remain critical. Ecentric is excited about providing solutions that satisfy these market dynamics and our rebranding reflects the modern and innovative product suite we offer today.” said Managing Director, Mike Scott. “Ecentric has evolved and we are pleased to introduce a corporate identity which truly represents our mission, capabilities and extensive service offering.”
The rebrand is the positive outcome of the company’s unprecedented growth within the South African payments industry. Ecentric now offers services in eight distinct areas to some of the country’s largest retailers and businesses:
- Point of Sale Payments
- Ecommerce & Mcommerce
- Collections & Payments
- Enterprise Reconciliation
- Card Management
- Transaction Reports
- PCI Compliant Services
- Payment Software Engineering
Being a trusted payment service provider in the country, Ecentric has developed a reputation for quality and innovation throughout the payment value chain, from point of interaction through the acquirer to the Issuer. Ecentric was the first South African processor to achieve a Level 1 PCI DSS (Payment Card Industry Data Security Standards) Certification in 2009. This prestigious achievement is a globally recognised security standard that ensures the safety of credit card sensitive data. With successful annual audits, Ecentric has continued to maintain the required standard and has been invited to partner with the PCI Security Standards Council to continue to enhance card payment security measures.
As a trusted payments industry brand in South Africa, Ecentric chose to enhance their name accompanied by a fresh look and feel. The new branding is modern, fresh and more agile, embracing Ecentric’s core principles of being a customer-centric business with a strong focus on innovation within the payment services arena.