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Tuesday, 22 June 2010 10:30

How to keep your cash-flow flowing

Cash-flow has always been an issue for many businesses.  More so since the recent global recession which intensified pressure on debtors, leaving many unable to meet their financial commitments.

As a result, many credit-providing enterprises find it challenging to manage their accounts payable and debtor’s ledgers. A surge in bad debt expenses leads to poor cash flow, and often erodes profits completely.

How does a business owner maintain his business’s cash-flow in these dire conditions?

Last Updated on Friday, 30 July 2010 08:35
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PAYM8 Validadted PCI DSS Compliant

(
http://www.bizcommunity.com/Article/410/16/47789.html)
(
http://www.marketwire.com/press-release/PAYM8-Validated-PCI-DSS-Compliant-by-Trustwave-1261350.htm)

CHICAGO AND JOHANNESBURG, SOUTH AFRICA (17 May 2010) PAYM8, a leading mobile commerce and financial collections enablement company, has been validated compliant with the Payment Card Industry Data Security Standard (PCI DSS). PAYM8 has become the third South African company to achieve this standard. Trustwave, a leading provider of information security and compliance solutions, performed the validation.

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PAYM8 Celebrates 6th year of M-Commerce Enablement

PAYM8 a South African M-Commerce enabler celebrates their 6th anniversary of technology enablement for Botswana’s largest mobile network operator – Mascom Wireless.
The service know as Mascom’s VISA 109 Direct Top-Up enables Mascom customers to do an airtime top-up or pay their bills directly from their mobile phone using a Debit or Credit card.

PAYM8’s CEO, Andrew Springate is quoted as saying, “The PAYM8 solution was one of the first Mobile-Commerce solutions in Africa and with over 20 million transactions has been a success story from day one”
Mascom’s 109 Direct Top–Up Solution has been powered by the PAYM8 platform since February 2004. 

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Groundbreaking SAB Redds Promotion was a revolutionary first in SA

Via the PAYM8 Mobile Platform and using the direct integration into the I.N. Platforms of the networks, PAYM8 was able to offer SAB a unique airtime value add which was used to drive Redds Cider sales.

Although not a core focus, value add provide an invaluable and lucrative alternative revenue source.The solution was an overwhelming success.

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PAYM8 and Mascom Celebrate 5 years of partnership

CONGRATULATIONS! This is quite an accomplishment in the African Telecom Industry.

PAYM8 was the first Mobile Commerce Solution that stepped into Botswana and signed-up with one of the largest Mobile Networks. Mascom the largest cellular operator in Botswana, was the torchbearer in harnessing our innovative M-Commerce solution in line with their national vision.

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  PAYM8 HEAD OFFICE Tel: + 27 11 564 2460 Fax: +27 11 564 2496 info@paym8.co.za