Precium

Dive into the making of the Precium brand. 🎨 In our latest article, we explore the inspiration behind key decisions of the rebrand – from choosing a new name to expanding our visual identity. Through the process, we reflected on how our identity can best serve our evolution from a local processor to a global payments platform. The result is a modern, dynamic brand that is as progressive and foundational as our product. Read more here: https://lnkd.in/dQ9wBzca

We're proud to support Troygold's mission to democratise access to gold investment opportunities in South Africa, with a streamlined subscription payments offering. Hear from co-founder, Dane Viljoen, on our partnership: "Our mission is to make gold accessible and affordable for everyone, and this subscription offering, in partnership with Precium, offers a significant step towards achieving that goal. We look forward to providing all South African investors with a seamless and secure way to invest in gold on a recurring basis, at any currency amount - allowing them to protect their cash savings against inflation and stack up on a stable asset." Read more in today's IOL Business Report: https://lnkd.in/dfH6T2vK

Hear from our COO, Nicole Dunn, about our reimagined brand and what it means for the future of our business: “Our rebrand to Precium signifies our continued commitment to creating world-class payment solutions with hyper-local relevance and expertise. We're doubling down on our position as the payment infrastructure that enterprise businesses need to abstract complexity, adapt to changing market and consumer trends, and optimise their payment performance. We believe that the next 10 years will see merchants become increasingly strategic about which payment methods they expose to their customers, uncompromising about success rates, and demanding flexible payment technologies that can enable masterful customer experiences. We're excited to build on our position – now as a global category leader – to help merchants get more from their payment capabilities and transform them into a competitive advantage." Read more in our press release here: https://lnkd.in/dZ2TvNQ8

Our team started with a simple mission: to help merchants never miss a payment. Today, we’re privileged to partner with some of South Africa’s largest brands and international companies, to help them abstract payment complexity and optimise success rates. But now, we’re going further. We’re deepening our capabilities, growing globally, and delivering new solutions that ensure payment performance and security at scale. Introducing Precium, the first African payments platform purpose built for enterprise.

Thank you to our client community, TechReport, Tech in Africa, Fintech Association of South Africa (FINASA), Africa Tech Summit and the countless others that have celebrated our rebrand announcement with us. In the past 18 months, we have been fortunate to work with some of South Africa’s largest brands and companies globally. While the core mission of Precium remains unchanged, we are deepening our capabilities to support global merchants to unlock the potential of African consumer markets and address previously unsolvable payment failures. Our reimagined identity signifies our continued commitment to creating world-class payment solutions with hyper-local relevance and expertise. Look out for further updates on our rebrand and new product developments in the next few weeks. Read more about our global growth here: https://lnkd.in/eVPQKjA3

The theme of the past 18 months has been radical growth. We have expanded our product capabilities, team, and merchant base, to now serve some of South Africa’s largest enterprises and global brands. With growth comes change, and we are excited to announce our rebrand to signify our evolution from a local payment orchestrator to a global payment platform. Introducing Precium, the first African payments platform purpose built for enterprise.

Hear from our Chief Product Officer, Stefan Griesel, on the benefits merchants can expect from network tokens: "With as much as 40% of card-based subscription payments failing due to expired or lost cards, network tokenization isn’t just a feature, it’s a game changer for the online card payment landscape in South Africa. We’re working with the best acquiring banks and card gateways to bring this capability to market and give merchants the benefits they are missing out on. For a nominal, once-off, investment to store a network token at checkout, merchants stand to save hundreds of thousands of dollars annually previously lost due to fraud and expired or lost cards." Request a consultation to explore how network tokenization can optimise your payment performance: https://lnkd.in/dxdprpqy

Code can be copied, but the people behind it can't 🚀 Our team is growing! We're looking for brilliant people to help us build the future of payments in Africa. If you’re excited to apply your skills and ambition to this mission in a team that embraces collaboration, creative problem-solving, and transparency, we'd love to hear from you. We’re a team of makers, excited by the opportunity to build a business, not just work for one. We like to build our way out of uncertainty, and find elegant solutions to complex problems. You’ll work with exceptionally smart people, with an experienced leadership team and the capital backing to succeed. Check out our open roles here: https://lnkd.in/dJSwNmMa If you don't see a role that fits, but think you'd be a great addition to our team, please reach out to careers@reviopay.com with a brief of how you can help.

Hear from our CEO, Ruaan Botha, on why we launched network tokenization: "When engaging with our clients, we understood that they were increasingly struggling with payment failures due to card expiry or processing declines, and felt locked into their existing gateways even through they weren't getting the service they deserve. Network tokenization can help merchants increase authorisation and success rates, while improving payment security, and removing gateway lock-in. We're making this feature automatically available to existing clients, while offering prospective merchants a service to migrate their existing Card on File data to network tokens, so that their business and customers can benefit from this new technology." Ready to get started? Join our waitlist or book a sales consultation to learn how network tokenization can supercharge your payment success here: https://lnkd.in/dxdprpqy

Subscription businesses face 10% of recurring revenue losses due to failed payments. Up to 40% of these failures are due lost or expired cards, which often result in customer churn. Revio's network token solution brings the latest in card processing technology to South Africa to help address the challenges large businesses face in managing failed payments and involuntary churn by: 1️⃣ Eliminating the need for customers to manually update their card details 2️⃣ Creating secure tokens that can be used across processors and acquirers 3️⃣ Increasing authorisation rates by removing the need to share sensitive card details across networks Learn more about how network tokenization works in our latest feature guide: https://lnkd.in/dz2GTKXS