--- title: Electrum Blog | Electrum Software (2) description: Electrum is the next-generation payments software company, powering payments for banks and retailers. Since 2012, we have established ourselves as a respected software partner through our deep expertise and track record in delivering trusted cloud-native payments solutions. (2) --- [![Electrum](https://blog.electrum.co.za/hs-fs/hubfs/raw_assets/public/Electrum_October2023/images/header-logo.png?width=500&height=150&name=header-logo.png "Electrum")](https://www.electrum.co.za/) ![Back Button](https://blog.electrum.co.za/hubfs/raw_assets/public/Electrum_October2023/images/back.svg) Back ![Close Hamburger](https://blog.electrum.co.za/hubfs/raw_assets/public/Electrum_October2023/images/close.svg) - [Home](https://www.electrum.co.za/) - Schemes - Schemes - Clearing House Payments - [PayShap](https://www.electrum.co.za/schemes/payshap) - [Real-Time Clearing](https://www.electrum.co.za/schemes/real-time-clearing) - [EFT Debit & Credit](https://www.electrum.co.za/schemes/electronic-funds-transfer) - [Account Verification Services](https://www.electrum.co.za/schemes/account-verification-services) - Alternative Payment Methods - [Cash Vouchers](https://www.electrum.co.za/payments/cash-vouchers) - Value-Added Services - [Prepaid Airtime and Data](https://www.electrum.co.za/digital-goods-and-services/prepaid-airtime-and-data) - [Prepaid Electricity](https://www.electrum.co.za/digital-goods-and-services/prepaid-electricity) - [Bill Payments](https://www.electrum.co.za/digital-goods-and-services/bill-payments) - [LOTTO](https://www.electrum.co.za/digital-goods-and-services/lotto) - [Travel and Event Ticketing](https://www.electrum.co.za/digital-goods-and-services/travel-and-event-ticketing) - [Digital Vouchers](https://www.electrum.co.za/digital-goods-and-services/digital-vouchers) - [Cash Vouchers](https://www.electrum.co.za/payments/cash-vouchers) - Solutions - Solutions - - [Clearing House Payments Modernisation](https://www.electrum.co.za/solutions/clearing-house-payments-modernisation-for-existing-banks) - [Turnkey Clearing House Payments](https://www.electrum.co.za/solutions/turnkey-clearing-house-payments-for-new-banks) - [Enterprise Payments Channel](https://www.electrum.co.za/solutions/enterprise-payments-channel) - [PayShap-Ready QR Code Issuing](https://www.electrum.co.za/solutions/payshap-ready-qr-code-issuing) - 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[Bill Payments](https://www.electrum.co.za/digital-goods-and-services/bill-payments) - [LOTTO](https://www.electrum.co.za/digital-goods-and-services/lotto) - [Betting](https://www.electrum.co.za/digital-goods-and-services/betting) - [Travel and Event Ticketing](https://www.electrum.co.za/digital-goods-and-services/travel-and-event-ticketing) - [Digital Vouchers](https://www.electrum.co.za/digital-goods-and-services/digital-vouchers) - Solutions - [Clearing House Payments Modernisation](https://www.electrum.co.za/solutions/clearing-house-payments-modernisation-for-existing-banks) - [Turnkey Clearing House Payments](https://www.electrum.co.za/solutions/turnkey-clearing-house-payments-for-new-banks) - [Enterprise Payments Channel](https://www.electrum.co.za/solutions/enterprise-payments-channel) - [PayShap-Ready QR Code Issuing](https://www.electrum.co.za/solutions/payshap-ready-qr-code-issuing) - [PayShap for Retailers](https://www.electrum.co.za/solutions/payshap-for-retailers) - [Cash Voucher Issuing and Distribution for Banks](https://www.electrum.co.za/solutions/cash-voucher-issuing-and-distribution-for-banks) - [Cash Voucher Retail Expansion for Banks](https://www.electrum.co.za/solutions/cash-voucher-retail-expansion-for-banks) - [Retail Cash-In and Cash-Out Expansion](https://www.electrum.co.za/solutions/retail-cash-in-and-cash-out-expansion) - [High Volume POS-Integrated VAS Services](https://www.electrum.co.za/solutions/high-volume-pos-integrated-vas-services) - [Expanded VAS For High-Growth Digital Channels](https://www.electrum.co.za/solutions/expanded-vas-for-high-growth-digital-channels) - [Developers](https://api.electrum.io/) - Resources - Documentation - [Implementation Guides](https://www.electrum.co.za/documentation/product-guides) - [Solution Updates](https://www.electrum.co.za/solution-updates) - News - [Blog](https://blog.electrum.co.za/?__hstc=17958374.bff00b489d6fac1f58737d8799a2a91d.1721396613638.1724837978417.1724842684665.23&__hssc=17958374.47.1724842684665&__hsfp=3812773586) - [Press Releases](https://www.electrum.co.za/press-releases) - Insights - [Reports, whitepapers & flyers](https://www.electrum.co.za/insights) - Careers - [Jobs & Opportunities](https://www.electrum.co.za/careers) - [Interview Process](https://www.electrum.co.za/careers/interview-process) - [Trust](https://trust.electrumsoftware.com/) [![Contact](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/142132879/7f102097-b88c-49fd-b727-90c8e1009d5a.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/142132879/7f102097-b88c-49fd-b727-90c8e1009d5a) ![Hamburger](https://blog.electrum.co.za/hubfs/raw_assets/public/Electrum_October2023/images/hamburger.svg) News, Trends and Industry Insights # Electrum Payments Blog ![Wave](https://blog.electrum.co.za/hubfs/Electrum_October2023/Images/banner-bg.svg) ![2023: Electrum by Numbers](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/654df2ff1adefa484f7f6466_Electrum_by_numbers_Blog_Nov_23_blog_cover_gradient_2-Nov-21-2023-06-39-47-3911-AM.png) [Life at Electrum](https://blog.electrum.co.za/tag/life-at-electrum) ### 2023: Electrum by Numbers ![Growing Leaders Through Electrum's Rotating Directorship](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/6257bccdc10fd483897cceba_Ferdi_V4-scaled-4.jpeg) [Life at Electrum](https://blog.electrum.co.za/tag/life-at-electrum) ### Growing Leaders Through Electrum's Rotating Directorship ![Why Your VAS Customers Want Ticketing](https://blog.electrum.co.za/hubfs/blog_cover_why%20your%20VAS%20customers%20want%20ticketing.png) [Business Case](https://blog.electrum.co.za/tag/business-case) [VAS](https://blog.electrum.co.za/tag/vas) [Retailers](https://blog.electrum.co.za/tag/retailers) [Ticketing](https://blog.electrum.co.za/tag/ticketing) ### Why Your VAS Customers Want Ticketing ![Seamless Digital Payments: The Key to Consumer Satisfaction](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/654237a5f6480d2cb589f83d_Seamless%20Digital%20Payments%20The%20Key%20to%20Consumer%20Satisfaction_Blog%20Image-Nov-21-2023-06-47-32-7538-AM.png) [Payments](https://blog.electrum.co.za/tag/payments) [Innovation](https://blog.electrum.co.za/tag/innovation) [Opinion](https://blog.electrum.co.za/tag/opinion) [Event](https://blog.electrum.co.za/tag/event) ### Seamless Digital Payments: The Key to Consumer Satisfaction ![South Africa's Digital Voucher Landscape: A World of Opportunities](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/652d17e187d36e6c663553b3_Vouchers%20Landscape%20Blog%20image-Nov-21-2023-06-41-25-3656-AM.png) [Business Case](https://blog.electrum.co.za/tag/business-case) [VAS](https://blog.electrum.co.za/tag/vas) [Vouchers](https://blog.electrum.co.za/tag/vouchers) ### South Africa's Digital Voucher Landscape: A World of Opportunities ![How LOTTO Survived the Rise of Sports Betting](https://blog.electrum.co.za/hubfs/Blog_cover_LOTTO_survives_the_rise_of_sports_betting.png) [Business Case](https://blog.electrum.co.za/tag/business-case) [VAS](https://blog.electrum.co.za/tag/vas) [LOTTO](https://blog.electrum.co.za/tag/lotto) ### How LOTTO Survived the Rise of Sports Betting ![The PayShap Journey: A Conversation with Mpho Sadiki](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/64ff35721fbad23e9b9a046f_Mpho%20OPC%20Blog%20Image-Nov-21-2023-06-46-52-1405-AM.jpg) [Payments](https://blog.electrum.co.za/tag/payments) [Event](https://blog.electrum.co.za/tag/event) [PayShap](https://blog.electrum.co.za/tag/payshap) ### The PayShap Journey: A Conversation with Mpho Sadiki ![Prepaid Electricity Meter Updates: What Your Business Needs to Know](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/64dd2bbc6b249b3d6ad063c7_TID%20Blog%20(3)-Nov-21-2023-06-46-38-9442-AM.png) [Banks](https://blog.electrum.co.za/tag/banks) [VAS](https://blog.electrum.co.za/tag/vas) [Retailers](https://blog.electrum.co.za/tag/retailers) [Prepaid Electricity](https://blog.electrum.co.za/tag/prepaid-electricity) ### Prepaid Electricity Meter Updates: What Your Business Needs to Know ![Conference Attendance as a Means of Professional Development](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/64ccc4878941f0dcff388eff_Conference%20Blog%20Image-Nov-21-2023-06-47-20-7439-AM.jpg) [Opinion](https://blog.electrum.co.za/tag/opinion) [Life at Electrum](https://blog.electrum.co.za/tag/life-at-electrum) ### Conference Attendance as a Means of Professional Development ![What to Look for in an Automated Recon Tool for High-Volume VAS](https://blog.electrum.co.za/hubfs/Imported_Blog_Media/64af92a52fb7788f6d3de635_Back%20Office%20Blog-Nov-21-2023-06-42-47-9179-AM.jpg) [Business Case](https://blog.electrum.co.za/tag/business-case) [VAS](https://blog.electrum.co.za/tag/vas) [Finance](https://blog.electrum.co.za/tag/finance) ### What to Look for in an Automated Recon Tool for High-Volume VAS [![Electrum](https://blog.electrum.co.za/hs-fs/hubfs/Electrum_October2023/Images/footer-logo.png?width=500&height=150&name=footer-logo.png "Electrum")](https://www.electrum.co.za/) ###### Company - [Trust](https://trust.electrumsoftware.com/) - [About us](https://www.electrum.co.za/about-us) - [Press Releases](https://www.electrum.co.za/press-releases) - [Jobs and Opportunities](https://www.electrum.co.za/careers) - [Interview Process](https://www.electrum.co.za/careers/interview-process) ###### Clearing House Payments - [PayShap](https://www.electrum.co.za/schemes/payshap) - [Real-Time Clearing](https://www.electrum.co.za/schemes/real-time-clearing) - [EFT Debit & Credit](https://www.electrum.co.za/schemes/electronic-funds-transfer) - [Account Verification Services](https://www.electrum.co.za/schemes/account-verification-services) ###### Value-Added Services - [Prepaid Airtime and Data](https://www.electrum.co.za/digital-goods-and-services/prepaid-airtime-and-data) - [Prepaid Electricity](https://www.electrum.co.za/digital-goods-and-services/prepaid-electricity) - [Bill Payments](https://www.electrum.co.za/digital-goods-and-services/bill-payments) - [LOTTO](https://www.electrum.co.za/digital-goods-and-services/lotto) - [Travel and Event Ticketing](https://www.electrum.co.za/digital-goods-and-services/travel-and-event-ticketing) - [Digital Vouchers](https://www.electrum.co.za/digital-goods-and-services/digital-vouchers) - [Cash Vouchers](https://www.electrum.co.za/payments/cash-vouchers) ###### Solutions - [Clearing House Payments Modernisation](https://www.electrum.co.za/solutions/clearing-house-payments-modernisation-for-existing-banks) - [Turnkey Clearing House Payments](https://www.electrum.co.za/solutions/turnkey-clearing-house-payments-for-new-banks) - [Enterprise Payments Channel](https://www.electrum.co.za/solutions/enterprise-payments-channel) - [PayShap-Ready QR Code Issuing](https://www.electrum.co.za/solutions/payshap-ready-qr-code-issuing) - [PayShap for Retailers](https://www.electrum.co.za/solutions/payshap-for-retailers) - [Cash Voucher Issuing and Distribution for Banks](https://www.electrum.co.za/solutions/cash-voucher-issuing-and-distribution-for-banks) - [Cash Voucher Retail Expansion for Banks](https://www.electrum.co.za/solutions/cash-voucher-retail-expansion-for-banks) - [Retail Cash-In and Cash-Out Expansion](https://www.electrum.co.za/solutions/retail-cash-in-and-cash-out-expansion) - [High Volume POS-Integrated VAS Services](https://www.electrum.co.za/solutions/high-volume-pos-integrated-vas-services) - [Expanded VAS For High-Growth Digital Channels](https://www.electrum.co.za/solutions/expanded-vas-for-high-growth-digital-channels) ###### Resources - [Implementation Guides](https://www.electrum.co.za/documentation/product-guides) - [Solution Updates](https://www.electrum.co.za/solution-updates) - [Reports, whitepapers & flyers](https://www.electrum.co.za/insights) - [Blog](https://www.electrum.co.za/blog) - [Developer Portal](https://api.electrum.io/) ###### Contact us - [Electrum Payments,Building 3, Podium Level, Riverlands Mall51 Gogosoa StreetObservatoryCape Town 7925, South Africa](https://g.page/ElectrumPayments?share) - [hello@electrum.co.za](mailto:hello@electrum.co.za) - [+27 21 448 6422 (office)](tel:+27214486422) - [+27 21 447 1227 (support)](tel:+27214471227) © 2026 Electrum Payments - 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