Ozow is looking for an application/proof of concept (MVP) that demonstrates the most innovative use of the Ozow API’s and associate technologies or enhancements to the Ozow product. The MVP must be a piece of code (not only a PDF document).
This challenge is for developers, no need to have a startup to apply. If you have any questions, send us an email: contact@africarena.com
Part of the API documentation for reference here.
Ozow is an instant smart EFT payment service that allows your customer to make secure online payments directly into your bank account.
Examples of the usage of Ozow API's include:
Apply features of the Ozow API in a novel application, showing the value of dynamic payments and server 2 server integrations.
Incorporate Ozow into Mobile SDKs and apply novel security to safeguard credentials, making it opaque to the hosting application and guarding against theft
Submitting your application entails that you accept the participation agreement. Challenge is for developers, no need to have a startup. Send us an email if you have any questions: contact@africarena.com
Entries need to demonstrate new and novel ideas, designed to disrupt the payments space and support the mission of Ozow to enable anyone, anywhere, to participate in the digital economy. With features that include dynamic banking details (dynamic payment target), variable amounts, payment requests (URL/SMS/Email), and configurable payment setup (reference number, static/variable amounts), the possibilities are endless.
The sky is the limit with regards to extending and improving the product. For example:
Explore effective and efficient ways of interacting with websites, managing long-running workflows efficiently, and automating user journeys.
The creation of an API that allows a merchant to drive the payment process, while keeping user credentials secure (server 2 server).
Novel ideas in fraud detection and merchant reputation calculation from publically available sources
Reduce fragility in screenscraping/HTML parsing using techniques such as machine learning, image recognition techniques, and others.
The application of Open Banking principles utilising existing public endpoints.
Incorporation of unique payment methods into the Ozow application.
Submitting your application entails that you accept the participation agreement. Challenge is for developers, no need to have a startup. Send us an email if you have any questions: contact@africarena.com
Impress the Ozow team with an innovate application or proof of concept. Applications will be reviewed by a panel, based on the innovation and technicality of the program. Rubrik to be developed.
Submitting your application entails that you accept the participation agreement. Challenge is for developers, no need to have a startup. Send us an email if you have any questions: contact@africarena.com
Only valid for South African citizens and residents.
To apply
Submit your application/proof of concept and any support materials (e.g text doc) in a ZIP file.
Deadline: 09 November 11:59 pm SAST
For the three finalists
Pitch in front of an international crowd composed of investors, entrepreneurs, corporate executives and other innovation enablers
R100,000 Cash Prize
R25,000 Cash Prize for the 2nd & 3rd.