Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Fintech»Altron FinTech expands Kasi Sales Squad to Ekurhuleni and Johannesburg CBD, bringing enterprise payment solutions to township entrepreneurs
    Fintech

    Altron FinTech expands Kasi Sales Squad to Ekurhuleni and Johannesburg CBD, bringing enterprise payment solutions to township entrepreneurs

    January 14, 20265 Mins Read


    Altron FinTech announced the expansion of its Kasi Sales Squad initiative from Soweto into Ekurhuleni and the Johannesburg CBD, scaling a proven model that brings enterprise-grade payment infrastructure directly to township entrepreneurs.

    The expansion represents a strategic commitment to financial inclusion, youth employment, and the digitisation of South Africa’s informal economy.

    Launched as a pilot in Soweto, the Kasi Sales Squad addresses a critical gap: township businesses power daily life for millions of South Africans, yet many remain locked out of secure, modern payment systems.

    The initiative deploys locally recruited youth consultants who deliver tailored fintech solutions, including DebiCheck recurring payments, offline-capable POS devices, and digital disbursement tools, directly into communities that have historically been underserved by traditional financial infrastructure.

    “The idea started with a simple insight: township entrepreneurs were already running powerful businesses, but lacked access to secure, enterprise-grade payment tools,” Juice Ndlovu, Supervisor: Sales “Our Soweto pilot proved that when you bring solutions to the community, in their language and on their terms, adoption grows quickly. We’ve now seen strong demand from Ekurhuleni and the Johannesburg CBD, where traders want safer payments, formalised collections, and digital disbursements.”

    Addressing real payment challenges in township commerce

    Township businesses face distinct operational challenges that limit growth and profitability: cash-handling risks, customers missing instalments, manual bookkeeping, load-shedding interruptions, out-of-service ATMs, and difficulty paying staff safely.

    Many people no longer carry cash, and the inconvenience of broken ATMs due to vandalism and technical issues has resulted in businesses losing out on sales.

    The Kasi Sales Squad responds with practical, trusted tools matched to these pain points:

    • DebiCheck enables recurring debit orders with bank consent and digital proof, reducing disputes and ensuring predictable cash flow for monthly repayments, lay-bys, tabs, school fees, rentals, and loans
    • Offline-ready POS devices solve load-shedding payment gaps by queuing transactions, protecting daily revenue during power outages
    • NuCash and NuCard remove cash-handling risks through mobile payouts and prepaid chip-and-PIN cards, enabling traders to pay staff and suppliers securely with full digital audit trails
    • KwikKadima turns any counter into a compliant loan desk, allowing micro-lenders to approve in minutes, disburse fast, and collect automatically

    “Cards are great for once-off sales, but DebiCheck handles the recurring side,” explained Ndlovu “It’s the only solution where the customer approves via their own bank, reducing reversals and boosting predictable cash flow. This is our unique value proposition in the kasi market – DebiCheck can improve how supermarkets and spaza shops structure grocery packages on credit, with repayments managed through digitally approved mandates.”

    Transformation through youth employment and skills development

    The Kasi Sales Squad creates tangible transformation impact by recruiting young consultants from the communities they serve.

    Each squad member receives comprehensive training in digital payments, sales, compliance, and product knowledge, creating pathways into fintech careers while bringing authentic community insight to solution development.

    “Our team of eight young consultants recruited from the areas we engage are able to understand their communities and local payment challenges,” said Ndlovu “With this feedback, we develop real solutions for real problems and, in doing so, modernise kasi commerce. Being at ground zero gives us a personal touch – that’s what builds trust and allows us to have in depth conversations with businesses around exact solutions for their unique challenges.”

    The on-the-ground service model is critical in communities that rely on relationships and trust.

    Traders want to deal with people, not just call centres.

    By being visible, speaking the language, and solving their day-to-day challenges rather than selling products, the Squad has become part of the township business ecosystem.

    Measurable impact and future expansion

    After three months on the platform, traders report faster cash flow, fewer missed payments, better record-keeping, and increased confidence in offering credit safely.

    Altron FinTech tracks impact through jobs created, SMEs digitized, recurring payments secured via DebiCheck, reduction in cash risk, and uplift in trader revenue.

    “Having a presence in the biggest townships in the country gives us a tremendous opportunity to not just sell, but to bring great financial systems and solutions into spaces that have not always received the due level of attention previously,” said Juice Ndlovu, Supervisor: Sales “In addition, having proper systems in place enhances important elements such as safety and convenience for both business owners and their customers.”

    The expansion into Ekurhuleni and Johannesburg CBD targets territories with enormous trading density and strong appetite for digital payments.

    Both markets demonstrate higher need for secure collections, safer disbursements, and tools that work during load-shedding. Traders want to formalize operations without losing their kasi identity.

    Further expansion is on the roadmap, with new territories already identified.

    “Over the next three to five years, we aim to build the country’s most trusted township fintech ecosystem, empowering thousands of SMEs with safe, modern, affordable payment tools,” said Juice “We’re going to do this with local sales squads built within these communities, and we want to be represented in all kasi markets throughout Mzansi.”

    Discover more about Altron FinTech’s Kasi Businesses.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution

    Fintech

    Sabeer Nelli Discusses AI And Fintech Roles In Global Finance At WEF 2026

    Fintech

    Can Fintech AI Really Be Trusted With Financial Decisions

    Fintech

    Kaspersky partners with UAE fintech firm Codebase

    Fintech

    Why Budget 2026 Could Decide The Next Phase Of India’s Fintech Growth

    Fintech

    Fintech ZET bags TPAP licence to enable UPI credit card payments

    Fintech
    Leave A Reply Cancel Reply

    Top Picks
    Fintech

    After 17 Years, Fintech Wealthfront Files For An IPO, Disclosing Fat Profits

    Precious Metal

    Mali gold mine accident kills at least 48

    Cryptocurrency

    RMA pilots central bank digital currency

    Editors Picks

    Rio Tinto dials up the diplomacy with Governor-General Sam Mostyn visiting Mongolian copper mine

    September 6, 2025

    Reshaping Financial Services with Technology

    September 4, 2025

    La pollution aux microplastiques plus élevée dans les boissons en bouteilles de verre, la peinture des capsules en métal mise en cause

    June 20, 2025

    LLMs are now commodities: Nilekani – Technology News

    February 21, 2025
    What's Hot

    BHP makes renewed takeover approach to Anglo American: sources

    November 23, 2025

    Gold may slide lower if Middle East tension remains contained. Buy on dips

    October 12, 2024

    Ag leaders voice concerns over negative impacts of tariffs proposed in presidential election

    October 16, 2024
    Our Picks

    How the Irish iGaming Boom Is Shaping Fintech Partnerships Across Europe

    October 13, 2025

    2 FTSE 100 dividend growth stocks to consider for long-term second income

    August 8, 2025

    Naver-Dunamu merger set to form W20tr fintech giant

    November 25, 2025
    Weekly Top

    How to Use Cryptocurrency for Everyday Shopping in 2026

    January 22, 2026

    Should You Pay for Your Child’s Medical School With Your Retirement Savings?

    January 22, 2026

    Why is China renewing a push for its digital currency?

    January 22, 2026
    Editor's Pick

    Taiba Investments fixe la date de distribution du dividende de l’exercice 2024

    May 26, 2025

    faut-il s’inquiéter de ce métal lourd présent dans nos assiettes?

    June 6, 2025

    Eight illegal metal scrap furnaces dismantled in Sonepat

    November 21, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.