27 March 2025 - Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has announced that consumers are now able to pay for their DStv subscriptions using a debit or credit card at Kazang Pay merchants nationwide.

Kazang Pay allows micro merchants to sell a range of prepaid products and services and accept card payments from a single POS device. Kazang has enabled merchants to accept cash payments for major billers for several years, but this is the first time that consumers can pay their DStv subscriptions with a card at their local Kazang merchant. 

Says Kazang Executive Head: Growth and International, Michael Wright: “Since we launched our Kazang Pay terminals, we have seen a sharp increase in card purchases in our merchant base. Enabling card payments for bills is a logical next step in our journey of helping merchants offer convenient services to their customers.

“Being able to pay bills such as DStv subscriptions by card for free is a major step towards financial inclusion for customers who usually need to pay with cash. Customers will be able to use their card to safely pay at a vendor in their community and be instantly connected rather than needing to pay for transport to a formal retailer or having to draw cash to pay their bill.”

DStv card payments are now available at Kazang Pay-enabled merchants nationwide.  Kazang operates a network of around 90,000 VAS devices processing approximately 3 million transactions daily—around 60,000 of which can accept card payments.

Kazang Pay has made it affordable for micro merchants to accept card payments. The device and service has low acceptance fees and terminal hardware rental is free for those that meet a modest transaction threshold each month. Wider acceptance of card payments is reducing cash risks for micro merchants and customers alike.

Says Wright: “The strategic relation between Kazang and Multichoice allows us to offer ‘DStv Pay by Card’ to Kazang vendors and customers for free. The fact that it's free to both vendors and customers really changes the game of card payments since no player currently offers a card payment product that is free.”

ABOUT KAZANG

Kazang is a leading provider of cash and digital solutions to merchants in Southern Africa’s informal economies. Our fintech solutions include a diverse range of value-added services (VAS), card acquiring, secure cash vaults and supplier payments platforms. Operating with a network of approximately 90,000 active devices, we process approximately 2.2 million transactions daily in markets such as South Africa, Namibia, Botswana, and Zambia.

We are dedicated to helping small and medium merchants grow and succeed, through increasing their sales, making their businesses more efficient and reducing their risks with its holistic portfolio of products and services. Kazang is a member of Lesaka Technologies. 

ABOUT LESAKA TECHNOLOGIES, INC

The Connect Group and Kazang was acquired by Lesaka Technologies, Inc. in April 2022. Lesaka Technologies, (Lesaka™) is a South African Fintech company that utilizes its proprietary banking and payment technologies to deliver superior financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. Lesaka’s mission is to drive true financial inclusion for both merchant and consumer markets through offering affordable financial services to previously underserved sectors of the economy. Lesaka offers cash management solutions, growth capital, card acquiring, bill payment technologies and value-added services to retail merchants as well as banking, lending, and insurance solutions to consumers across Southern Africa. Lesaka has a primary listing on NASDAQ (NasdaqGS: LSAK) and a secondary listing on the Johannesburg Stock Exchange (JSE: LSK). Visit www.lesakatech.com for additional information about Lesaka Technologies (Lesaka ™). $LSK / $LSAK