Payments Infrastructure
Zazu is connected to South Africa's local payment systems:
EFT (standard interbank transfers)
RTC - Real-Time Clearing (near-instant transfers)
Card payments
These flows are processed through SAVA, our payment processor, running on the banking rails of Access Bank South Africa.
Regulatory Setup
Zazu operates as a distribution partner of Access Bank South Africa, an authorised Financial Services Provider (FSP 5865) regulated by the Financial Sector Conduct Authority (FSCA). Accounts and cards are issued through Sava Technologies (Pty) Ltd (FSP 53169), an authorised distribution partner of Access Bank South Africa. Payment system participation falls under the governance of the Payments Association of South Africa (PASA) and the oversight of the South African Reserve Bank (SARB).
Safeguarding of Customer Funds
All customer funds are safeguarded and held in segregated accounts at Access Bank South Africa. Your money is therefore held under the same prudential safeguards required for regulated banking institutions in South Africa.
What This Means for You
When using Zazu, you benefit from:
a bank-grade regulatory framework backed by the SARB and FSCA
strong security and safeguarding of funds
the agility and product experience of a tech company
Zazu SA (Pty) Ltd (Reg: 2024/396003/07). Accounts and cards are provided by Sava Technologies (Pty) Ltd (Reg. No.: 2022/301994/07, FSP 53169), an authorised distribution partner of Access Bank South Africa Limited (Reg. No.: 1947/025414/06, FSP 5865).