Cross Switch, a global payments technology company, has found a strategic collaborator in its mission to bring faster, smarter, and more scalable payments to emerging markets.
In partnership with South African fintech leader Paysoft, these two forward-thinking platforms are joining forces to swing the axe against digital transaction logjams that hamper South African businesses.
Be it payment system downtime and reliability issues, or delayed fund availability, smashing through legacy platform-induced blockages will deliver real value to South African businesses.
A Complementary Alliance Driving South African Business Enablement
These two companies share the mission of simplifying and scaling digital payments so that South African businesses can grow without being held back by outdated infrastructure or financial friction.
As part of the partnership, Paysoft, a trusted provider of bank-agnostic, human-first payment solutions since 2012, will now leverage Cross Switch’s CS+ platform’s powerful orchestration capabilities to process online transactions—including card payments, EFTs, and Apple Pay—with greater speed, scalability, and reliability.
At the same time, Paysoft is powering the processing of settlement funds for merchants and partners from Cross Switch collections, further strengthening the value proposition for businesses and consumers alike.
Mark Chirnside, Global CRO & CEO Africa at Cross Switch says, “We’re focused on building payment infrastructure that unlocks opportunity in emerging markets. Partnering with Paysoft allows us to deepen that mission in South Africa by supporting a platform that already understands local business pain points and is ready to scale with smart, secure solutions.”
Payments Are Now Smarter, Faster, and Built for Business Growth
South African businesses—especially SMEs, payroll providers, and NPOs—face universal challenges in payment processing, from high fees and delayed fund availability to regulatory complexity and inefficient workflows. This partnership solves those problems with:
- End-to-end Payment Orchestration: Through CS+, Paysoft can now seamlessly route transactions across multiple banks and providers, ensuring uptime, cost-efficiency, and fraud prevention.
- Scalable Real-Time Payment Processing: Clients now experience reliable round-the-clock transaction processing and automated settlements, improving cash flow and operational predictability.
- White-Label Flexibility: Paysoft partners can now offer branded versions of the platform, helping payment facilitators and fintech resellers scale independently.
- Enhanced Donor Infrastructure for NPOs: Cross Switch is powering the real-time processing of donations and recurring contributions on Paysoft Impact, Paysoft’s fundraising platform for nonprofits.
As Rika Kruger, CEO at Paysoft says, “We chose Cross Switch because we both believe that payment systems should be seamless, secure, and built around real business needs. With their platform behind us, we can offer our clients much better uptime, faster processing, and less complex payment routing.”
Building a More Resilient and Digitally Empowered Economy
Both companies view this partnership as a catalyst for economic resilience. By removing frictions in how payments are made, received, and reconciled, they aim to reduce administrative costs, putting businesses on a pathway to focus on growth, not banking.
Whether it’s ensuring a payroll administrator meets cut-off times, enabling a charity to collect recurring donations, or giving SMEs affordable access to real-time processing, this partnership allows South African businesses to move at the speed of today’s economy.
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About Cross Switch
Cross Switch is a payments technology company founded in 2022, operating across emerging markets, with active operations in South Africa, Morocco, Ivory Coast and across Latin America. It provides flexible, secure and scalable solutions that support both local and cross-border transactions, helping merchants, fintechs and non-profits expand their reach and streamline their operations. Cross Switch is committed to driving financial inclusion and growth through collaboration, robust infrastructure, high service levels and a strong focus on emerging market needs.
About Paysoft
Founded in 2012, Paysoft is an innovative, human-first payment platform built for South African businesses. Trusted by corporates, SMEs, and nonprofits alike, Paysoft makes payments faster, friendlier, and more affordable—whether bulk transactions are processed or one at a time. With full visibility, built-in governance, unlimited users, and service-led support, Paysoft ensures businesses experience full payment processing control and are enabled for real growth.
For media inquiries, interviews or more information, please contact:
South Africa: (+27) 21 205 5818
Luxembourg: (+352) 2088 1454
https://cross-switch.com/contact-us/
