South Africa

VerPay Enables Verbal Commerce: Say it to Pay it

Finance

It has been difficult to accept payment whilst speaking to a client due to valid fears about payment security, fraud risks and concluding a transparent transaction that protects both parties. VerPay was designed, patented and built to solve these problems. With VerPay, the client does not share payment details with the merchant and this eliminates the risk of card fraud and the need for expensive PCI compliance. With VerPay, merchants can now accept payments that are safe, easy to conclude and fully transparent, whilst speaking to clients over the phone. VerPay records an unalterable record of the terms and conditions, which is easily accessible by both parties in the event of a dispute. Ever tried getting hold of the ‘recorded for quality assurance purposes’ recordings?