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UBER, the innovative smartphone technology that connects riders with drivers has added ZAZOO‘s VCpay™ mobile application in a move that will enable people who do not own credit cards to create virtual MasterCards that can be used to pay for the UBER service.
According to Alon Lits, General Manager of UBER Johannesburg,”Uber is excited to be partnering with ZAZOO and VCpay™. Their system complements UBER seamlessly and it opens up our technology to a new group of clients, who without a credit card or debit card would not otherwise have been able to use UBER. This partnership makes UBER more accessible than ever before.”
VCpay enables mobile devices to generate virtual MasterCard payment cards completely offline and without access to a mobile phone network and users can link their VCpay application to any number of funding options, from credit cards, to EFTs, to direct top-ups, cash and more. The application virtual MasterCards can be used for online purchases, or in brick-and-mortar retailers that accept manual Card Not Present (“CNP”) payments.
“Though mobile users and e-commerce adoption is rising in South Africa, there is still a large number of South Africans who do not have access to a credit card to enable them to make online and in-app purchases. Younger people, such as students, are a part of this demographic. We are excited to partner with UBER to introduce our products to this group. The uptake out of our first activation at WITS University has been hugely encouraging and we are planning more events where we will team with UBER to bring our products directly to our clients,” says Philip Belamant, Managing Director of ZAZOO.
VCpay™ is the first solution of its kind in South Africa as it is truly interoperable and does not require merchants to change the way in which payments are accepted online or via mobile applications like UBER. It bridges the electronic payment requirement gap for online or in-application payments by providing an immediate, safe and secure payment solution to anybody, regardless of their banking status.
