iKhokha and OTT Shake Hands to Help Business Owners and Customers Alike
By combining their strengths, iKhokha and OTT are offering South Africans greater financial independence than ever before.
iKhokha, recognised as one of South Africa’s most promising fintech companies, has established itself as a leader in the industry by continuously developing cutting-edge financial technology solutions tailored to the diverse needs of businesses.
OTT Vouchers, on the other hand, have emerged as a beacon of hope for millions of unbanked South Africans, providing them with a secure and reliable means to participate in the digital economy using cash. Through OTT digital cash vouchers, customers can now engage in various online activities, such as shopping, investing, sports betting, bill payments, and insurance.
Thanks to their partnership, business owners can sell OTT vouchers via their iKhokha card machine using the iK Prepaid service. This aids in their work to close the gap between business owners, unbanked consumers and the digital economy.
They can also trade using the free iKhokha app, recently recognised for the Best Financial Solution award at the MTN App of the Year Awards.
How to Buy an OTT Voucher from iKhokha: Simple Steps
- Visit a business owner with an iKhokha card machine and ask for an OTT Voucher.
- Choose a voucher amount that suits your requirements.
- The seller will generate your OTT Voucher using their iKhokha card machine.
- Use the 12-digit Voucher PIN printed on the voucher slip to load money into various online accounts, just like you would with an airtime slip.
Empowering Businesses with Financial Inclusion
OTT Vouchers allow merchants to access a wider customer base in South Africa, opening their products to cash-based consumers who prefer to shop online or send and collect money without using the traditional banking system.
Prepaid vouchers aren’t the only way iKhokha is diversifying payment options for SA’s SMEs. From the onset, iKhokha has created credit card machines for small businesses and long-standing enterprises alike. Here’s where they, like OTT Vouchers, differ from the banks: low transaction rates, zero contracts and no monthly rental fees. Once you buy it, it’s yours.
Their two card machines accept all major credit cards, including those issued by Visa and Mastercard, as well as debit cards, and mobile payments issued by Apple Pay and Samsung Pay.
Although it started with card machines, it doesn’t stop there. iKhokha’s first-to-market iK Tap on Phone allows business owners to accept card payments using their Android smartphone and the free iKhokha app, further levelling the playing field for accessible payment solutions.
The team at iKhokha is well aware of the digital marketing possibilities for small and growing businesses. That’s why they’ve released a full business suite of online payment solutions, including payment links, digital invoices, and an ecommerce payment gateway.
iKhokha is committed to bridging the financial gap and empowering businesses of all sizes to thrive in the digital era. Achieving this means partnering with innovative companies like OTT and continuing to push the boundaries on payment technology for the greater good of South Africa’s small business economy.
FAQs and Answers
1. What is the partnership between iKhokha and OTT?
iKhokha and OTT have partnered to enable small business owners to sell OTT Vouchers using iKhokha card machines and the iK Prepaid platform.
2. How does the partnership benefit customers?
Customers can now buy OTT Vouchers conveniently from local business owners, helping cash-based consumers access online services and digital payments.
3. What are OTT Vouchers used for?
OTT Vouchers can be used to pay for online services like betting, shopping, data, bills, and more—without a bank account.
4. How can small businesses sell OTT Vouchers?
By using iKhokha card machines and the iK Prepaid app, businesses can generate and sell OTT Vouchers easily and securely.
5. How do OTT Vouchers help single-income households?
OTT Vouchers offer budgeting control and access to digital payments without needing a bank account—ideal for families living on one income.
6. Is it safe to use OTT Vouchers via iKhokha?
Yes, both platforms use secure, verified technology to protect users and ensure reliable transaction processing.
7. What other payment solutions does iKhokha offer?
iKhokha offers POS card machines, Tap on Phone, digital invoices, ecommerce gateways, and payment links for SMEs.
8. Can I track my spending with OTT Vouchers?
Yes. OTT Vouchers help users manage and track their digital payments by converting cash into secure, preloaded online credit.