When customers use your eZAR Loyalty Wallet service to make payment to you at either an online check-out or a physical point of sale, the transaction is settled INSTANTANEOUSLY with live-money tokens on the OpenRUN (Regulated User Network) with NO ACQUIRING COST for these transactions - saving you between 1.5 - 4.0% depending on your current card acquiring and cash handling costs.

The same is true when you make a pay-out to your customers, delivering immediate value to your customer that they can then use with any other eZAR partner, ScanToPay, SnapScan, or 1 Voucher provider. They can also withdraw eZAR as cash at an ATM, or send it for free to loved ones in South Africa - and exchange it in real-time for eUSD to send funds across borders to foreign nationals.

Open-Loop eZAR Wallets pay 6%pa in eZAR (up to 30%pa with vZAR). eZAR Loyalty Wallets are open-loop payment wallets that back live-money tokens with regulated money market funds, and uses the yield from those funds to reward users’ positive balances with real value equivalent to a net return rate of 6% annually - paid daily.  This can even be amplified with Voucher Currency (vZAR) Discount tokens to 30% annually - or 2.5% per month (also paid daily).

Because eZAR Loyalty Wallets are free to provision with no monthly fees once a user’s KYC is done by a licensed FSP (and KYC costs only start once a user has funded their wallet), you can GIVE everyone of your users a free branded eZAR Loyalty Wallet.

Once an eZAR Loyalty Wallet has been provisioned, you incentivise your customers to adopt it by seeding their wallet with an initial Voucher Currency (vZAR) Discount token bonus that users can use to part-pay products or services with you - reducing the amount of eZAR they need to complete a specific transaction.

Since users have to pay the majority of a transaction in eZAR, the only way to realise the vZAR discount tokens they’ve earned is for them to top-up their eZAR Loyalty Wallet for the required balance of eZAR - taking them through that critical initial on-boarding behaviour that ensures they use eZAR as their payment and settlement method in future - saving you costs!

Partner with merchants in other industries by promoting specific deals or services to their users that can only be accessed by part-paying with vZAR Discount tokens in your eZAR Loyalty Wallet - ensuring they sign up to your loyalty program to realise the benefit!

Incentivize your users to spend their vZAR Discount tokens with your partners and realise great deals, adding more value to your loyalty wallet program.

Carefully manage the discount value you provide to users at a per user, per transaction, and per day level that ensures you generate sufficient real revenue in eZAR and earned vZAR from other providers - as you can always set the ratio at which you accept vZAR from customers, but most importantly your customers can only spend vZAR with you if they user YOUR eZAR Loyalty Wallet, ensuring you have a direct marketing and promotion relationship and channel with them.