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Setcom is the trusted provider of payment services for Internet websites. Each day, we enable individuals and businesses in 200 countries and territories around the world to securely send and receive payments. Available on the web and through mobile devices, Setcom facilitates payments by working with the existing financial infrastructure of credit/debit cards and bank accounts.
Founded in 1999, Setcom (Pty) Ltd has extensive experience in processing and managing payment transactions. Businesses such as Fly Mango, Interflora and Independent Newspapers count on us to provide a 24/7 enterprise-class infrastructure. Driven by an entrepreneurial spirit, we are the first to market with innovative products. In 2004, we launched the first person-to-person payment service in Africa. Today MonsterPay services more than 35,000 customers around the world. In 2007, we launched POLi, a product that uses customers’ Internet Banking to make real-time payments to merchants. SID replaced POLi in 2009 with improved security and features. Forthcoming products include RevoPIN, which enables PIN-debit cards to be used for purchasing on the Internet and mobile phones.
Today, Setcom is recognised as a pioneer and innovator of online payments.
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