Online shopping is becoming increasingly popular in South Africa, and it’s easy to see why: it’s fast and convenient, and the steady growth in our country’s broadbrand capabilities has made it much more accessible. However, along with the surge in popularity of online shopping comes a surge in online fraud, a crime banks and other businesses have taken action to combat at every turn.
Enter Shepherd, a new system that is powered and supported by us and RAM Couriers, respectively. This online shopping solution provides a secure purchasing platform by holding consumer payments in a trust, delivering the goods from the seller to the potential buyer, and finally releasing the money to the seller once the terms of the deal have been met. The system greatly reduces the risk of fraud and also opens up the market to buyers and sellers across the country.
A small transaction fee is charged for the service, but the benefits of financial security and peace of mind far outweigh this cost. It’s fitting that we would partner with such a service; we are committed to delivering secure, convenient and easy banking platforms to our customers.
To find out more about this service can help to enhance and secure your online shopping experience, visit www.paywithshepherd.com