UPAY Inc. Subsidiary ACPAS Partners with Leading South African Retail Financier
Slice of Finance Team
Jun 11, 2025
Key highlights
- ACPAS to deploy advanced Loan Management Software (LMS) across 30+ premium retail stores and online.
- Enabling seamless credit origination, real-time account servicing, and scalable backend support for smartphones and tech products.
- Integrated AML checks provided by UPAY subsidiary AML GO to ensure compliance and security.
- Nationwide rollout underway following successful initial deployment.
Notable Quote
“ This collaboration demonstrates how ACPAS enables leading retailers to offer compliant, intelligent, and accessible credit to their customers. Our technology will enhance the customer finance journey across both in-store and online channels. ”
Jaco Fölscher, CEO at ACPAS
Why This Matters
This new Service Level Agreement marks a significant stride for UPAY Inc. and its South African subsidiary, ACPAS, as they continue to advance digital finance capabilities in the retail sector. By integrating their Loan Management Software and AML compliance tools with a premier South African retail finance provider, ACPAS is helping consumers access credit for high-demand technology products — including smartphones, laptops, tablets, and accessories.
This initiative not only strengthens ACPAS’s market presence but also demonstrates UPAY’s strategic approach to fintech innovation and compliance leadership. In an industry where consumer trust and regulatory adherence are paramount, this partnership sets a benchmark for how fintech solutions can empower responsible and seamless consumer credit experiences at scale.
As the broader rollout continues, this collaboration could serve as a model for similar fintech-retail partnerships in other emerging markets.
