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Presented by: Bernard Mostert and Vidoosh Sing
NO MORE CASH
NO MORE RIOTS
NO MORE QUEUES
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS Page 2
Have you ever thought of a world with no queues?
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
What if you minimize the risk and enhance the security of payments?
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Photo: David Perry
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
“Breaking old habits and forming new ones always takes time, but it is worth it in the end.” – Joyce Meyer
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Three solutions to cashless receipting…
Host to Host
MyGate
Forced Referencing
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Forced referencing
• Dedicated bank account
• Forced referencing rule
• Student number algorithm
• Valid student numbers only
Host to Host
MyGate
Forced Referencing
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
I’m Tumi
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Then Now
Page 9
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Host to host
• Real time
• All major banks
• Deposits, payments and statementsHost to Host
MyGate
Forced Referencing
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
How does host to host receipting work?
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
MyGate
• Credit card expanding to debit card
• Real time
• Seamless on student iEnablerHost to Host
MyGate
Forced Referencing
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Let’s save the trees!
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
“Normal is getting dressed in clothes that you buy for work, driving through traffic in a car that you are still paying for, in order to get to a job that you need so you can pay for the clothes, car and the house that you leave empty all day
in order to afford to live in it.” - Ellen Goodman
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
I’m TumiI’m
Umthengisi
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Electronic funds transfer
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Bulk payments, host to host and petty cash
• Bulk file payments
• Host to host
• Petty cash
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Conclusion
• Host to host (deposits and payments)
• Forced referencing
• MyGate
• EFT payments
• Bulk file payments
ADAPT IT CASHLESS RECEIPTING AND PAYMENTS
Disclaimer
The information, comments and material presented in this presentation are provided for information
purposes only. The presentation is not addressing all possible technical or business aspects and does not
claim to be complete or exhaustive
Adapt IT reserves the right to change its business or product development plans as circumstances dictate.
This document may not be reproduced or distributed without the written permission of Adapt IT (Pty) Ltd.
