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Where the name comes from

A — Albatross. M — Moz Bit Guru. Pay — the product. Network — the ecosystem.

Moz Bit Guru brings the technology backbone — payment rails, APIs and merchant systems. Albatross Money contributes the financial and compliance infrastructure — treasury, settlement and regulatory relationships. Together, under the AM-Pay™ Fintech brand, the two organisations offer merchants a level of service, speed and access to credit that neither could deliver alone.

The collaboration
Technology backbone
Moz Bit Guru
Rails & APIs
Financial & compliance infrastructure
Albatross Money
Treasury & settlement
Governance
Joint Executive Steering Committee
Oversight
Our mission

Financial inclusion,
one merchant at a time

AM-Pay Fintech is designed primarily for small and medium enterprises, micro-merchants, township businesses, and agriculture-linked enterprises — segments significantly underserved by existing providers.

Compliance-first, from day one

The venture is seeking sponsorship from a commercial bank to operate as a licensed Third-Party Payment Provider, building the business on a compliance-first foundation from the outset.

Domestic first, regional next

Initial focus is a domestic rollout within South Africa, with a phased roadmap toward regional (SADC) and eventually continental expansion as the platform matures.

Built on existing trust

We leverage Albatross Group's existing community and agricultural networks to support merchant onboarding and trust-building in underserved regions.

Where we are today

Setting up
Phase 1

AM-Pay is early in its journey. Phase 1 is a controlled, focused 60-day build that generates early revenue while establishing the foundation for the full platform — not a full product launch.

Phase 1 scope

  • DebiCheck — authenticated debit order collections
  • Pay Now — online payment gateway for card & Instant EFT
  • Digital client onboarding with FICA/KYC and eMandate capture

Delivered through Albatross Money's registration as an ISV Partner with Netcash, one of South Africa's leading Third-Party Payment Providers registered with PASA.

Out of scope for Phase 1

  • Payroll & creditor payments
  • Partner / reseller programme
  • Mobile app
  • Public developer API

These sit on our roadmap as the platform scales beyond its initial 60-day build.

Leadership

Who's building
AM-Pay

Phase 1 responsibilities are led by two directors, each covering a distinct half of the business.

Bonginkosi — General Director

Commercial, legal and compliance lead. Owns the Netcash ISV partner relationship, service pricing, client agreements, and pilot client onboarding.

Edson Wagner — Technology Director

Platform build, API integration, testing and technical documentation lead. Owns the Netcash API integration and Phase 1 technical delivery.

The market opportunity
R62bil
South Africa's e-commerce sector
2.6mil
SMEs across the country
R900bil
Township economy, annual value

Want to be one of
our first merchants?

We're onboarding pilot clients as we build. Get in touch to find out if AM-Pay is right for your business today.

Apply now Talk to us
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