Payment technology company Ecentric Payment Systems has launched a new solution called POSPay, designed to enable branded payment services for till vendors and retail merchants across the country.

The company said the new platform will allow businesses to offer customised payment experiences at checkout, improving transaction efficiency and enhancing customer engagement.

According to Ecentric, POSPay is built to support modern retail environments by integrating payment processing with branding capabilities, giving merchants more control over how payment interfaces appear to customers.

The solution is expected to benefit small and medium-sized businesses by simplifying payment operations while offering more flexible digital payment options.

Industry analysts say the launch reflects the growing demand for innovative fintech solutions in South Africa’s retail and payments sector, where digital transactions continue to expand rapidly.

Ecentric added that the platform is part of its broader strategy to modernise payment infrastructure and support merchants transitioning to more digital-first business models.

The company believes the new service will help improve checkout experiences while strengthening merchant-customer relationships in an increasingly competitive retail environment.