Risk & Compliance
Partners enabling platform compliance
A PASA registered Third Party Payment Provider. All funds deposited via Netcash Instant EFT, are credited to Netcash’s TPPP account. All deposits are settled to AOS trust account daily.
A PASA registered Third Party Payment Provider. All funds deposited via ABSA EFT, ABSA ATM, ABSA Branch and iMali drop, are credited to NetUp’s TPPP account. All referenced deposits are settled to AOS trust account daily.
A PASA registered Third Party Payment Provider. Trustlink provides AOS’s trust account ledger to ensure that ledger balances are kept in sync with wallet balances. Trustlink provide EFTs out of the wallets and settle directly with the payee’s bank.
AOS
AOS is a licensed Category 3 Financial Service Provider, as defined in the South African Financial Advisory and Intermediary Services Act, under a client mandate approved by the Financial Services Conduct Authority (FSCA). The AOS Trust account is the regulated Store of Value where all wallet balances are held on behalf of wallet users.