In a bid to realise one of their key objectives of bringing payment services closer to communities and increasing financial inclusion, Paycorp has launched the sale of National Lottery and PowerBall Quick pick tickets via its Kazang mobi devices.
Set to help informal and small formal vendors attract new customers and offer existing customers more value, it is anticipated that the National Lottery ticket sales will quickly gain popularity and reach similar levels to those of prepaid electricity and airtime services sold through Kazang.
Lotto, Lotto Plus, PowerBall and PowerBall Plus are available on all Kazang terminals. It is expected that Kazang will be launching self-selection for people who love to play their favourite numbers in the near future.
“This is a welcome addition to the stable of value-adding prepaid products and micro-payments that Kazang already offers, such as airtime and data bundles, prepaid electricity, DSTV and more,” says Martin Wright, Kazang CEO.
At this stage Kazang’s network of vendors will not be offering National lottery ticket pay-outs. Winners will be directed to South African National Lottery outlets to claim their winnings or contact the Ithuba Head Office.
“We are excited about this partnership with a community-conscious payments specialist like Paycorp that will assist us in bringing the lottery closer to the people. We encourage players to make use of this service and enjoy their favourite games,” explains Charmaine Manuza, CEO of Ithuba Holdings.
In June 2014 Paycorp acquired the Saicom Group including Kazang. In less than a decade, Kazang has developed an extensive footprint spanning eight southern African countries where their devices have handled in excess of 300 million transactions. This next era in micro-payments that Paycorp, the leading provider of payment solutions in emerging markets, is ushering in with Kazang is positioned to offer promising opportunities to its network of vendors and their respective markets. This is particularly true since the handheld Kazang device was designed with informal and small formal vendors in mind, offering vendors the peace of mind with a secure way to facilitate micro-prepaid purchases without having to take on the risk of carrying the actual stock.