About Setcom

Founded in 1998, Setcom (Pty) Ltd has extensive experience in online payment processing and security services. Businesses such as Kulula.com, Mango Airlines, Tsogo Sun, The AA, and many more count on us to provide a 24/7 enterprise-class infrastructure, as well as unsurpassed technical support and customer service.

Driven by an entrepreneurial spirit, Setcom is often first to the market with innovative payment solutions. In 2004, we launched MonsterPay, the first person-to-person payment service in Africa. In 2007, we launched SID Instant EFT, a secure payment method that facilitates real-time online payments to e-commerce merchants through their customers’ existing Internet banking.

In 2012, Setcom partnered with Swish Payments to launch the first low-cost mobile point-of-sale (mPOS) solution in Hong Kong.

Currently, Setcom's primary focus is the expansion of its popular SID Instant EFT solution, which underwent a major upgrade in 2016.


We strive to add value to each buying experience by ensuring simplicity, speed, and above all, security.