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About Electrum
Electrum is a cloud payments technology company based in Cape Town, South Africa, founded in 2012. It is recognized as a leading provider of enterprise transaction platforms in the financial technology sector. Electrum specializes in modern solutions that streamline financial transactions, particularly focusing on high-volume, low-value transactions. The company impacts over 25 million South Africans annually.
Electrum offers a range of payment processing services, including clearing house payments, prepaid airtime, bill payments, and digital vouchers. Its platform supports a marketplace for digital goods and services, and features like smart routing allow clients to optimize transaction processing by switching between service providers. The company is trusted by major South African banks and financial services organizations for its expertise in payments optimization. Electrum's technology is scalable and reliable, capable of handling up to 150 transactions per second with a 99.99% uptime, and it maintains ISO 27001 certification for security.
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