### UPAY Inc. Expands Footprint in South Africa’s Retail Finance Market
On June 9, 2025, UPAY Inc. (OTCQB: UPYY), a fintech innovator based in the U.S., made headlines with a significant advancement in its South African operations. The company’s subsidiary, ACPAS, has forged a new Service Level Agreement (SLA) with a prominent retail finance provider in South Africa. This partnership aims to enhance consumer credit facilities for a retail group renowned for selling products from one of the world’s iconic U.S. technology brands.
### Seamless Integration of Loan Management Software
The deployment of the ACPAS solution has already begun at an initial retail location, showcasing promising early sales. Excitingly, plans for a broader rollout across the retailer’s national footprint are already underway. The agreement marks a crucial step in enabling ACPAS to utilize its advanced Loan Management Software (LMS) along with integrated payment technologies. This will facilitate financing for a plethora of high-demand products such as smartphones, laptops, tablets, and their accessories, all available through over 30 premium retail outlets and a leading online platform.
### Enabling Smart Credit Solutions in Retail
The retail group involved in this partnership is recognized as a trendsetter in the premium technology market. Their commitment to offering consumers an unparalleled experience in purchasing high-end tech is set to be complemented by ACPAS’s solutions. The fintech integration provides several benefits:
– **Seamless credit origination and paperless onboarding**: Customers will find it easier than ever to access credit.
– **Real-time account servicing and loan management**: Improved management ensures customers can manage their loans effortlessly.
– **Scalable backend support for payments and customer queries**: A robust system that efficiently handles customer interactions and transactions.
Jaco Fölscher, CEO of ACPAS, emphasized this partnership’s significance, noting how it enables retailers to provide compliant and intelligent credit options, thereby enhancing the finance journey for customers both online and in-store.
### Enhanced Compliance and Risk Management
The collaboration doesn’t stop with improved customer experience. UPAY’s subsidiary, AML GO, will play a vital role by integrating automated anti-money laundering (AML) checks. This critical feature aligns with local regulatory frameworks, thereby ensuring that every facet of the financing journey remains secure and compliant. By adhering to these stringent standards, the partnership not only meets consumer expectations but also satisfies institutional requirements for regulatory compliance.
### Commitment to a Digital-First Strategy
The SLA encapsulates a forward-thinking approach, which includes:
– **Continuous performance monitoring and optimization**: Regular analysis ensures that the system operates at peak efficiency.
– **Built-in compliance and risk oversight tools**: Safeguards are in place to maintain high standards of data privacy and governance.
– **Adherence to fintech best practices**: This commitment to best practices ensures that all operations are conducted within ethical and legal boundaries.
Together, UPAY and its subsidiaries are paving the way for a new era in responsible credit delivery within the tech-driven retail environment. They are enhancing access to premium technology through smarter financing options, ensuring that both consumers and retailers benefit from this innovative integration.
### About UPAY Inc. and ACPAS
UPAY Inc. is a publicly listed fintech holding company dedicated to delivering intelligent financial platforms and compliance technologies in emerging and established markets. Its wide-ranging solutions include automation, payments, credit services, and regulatory innovations.
Similarly, ACPAS has established itself as a leading provider of Loan Management Software in South Africa. The platform supports digital lending and facilitates risk-based decision-making and payment orchestration for various financial institutions and credit providers.
### Forward-Looking Statements and Future Prospects
While this press release outlines significant advancements for UPAY and its subsidiaries, it also contains forward-looking statements under applicable securities laws. Such statements inherently carry risks and uncertainties that may lead to actual results differing from anticipated outcomes. The company does not intend to update or revise these projections based on new information or future events, ensuring transparency in its communications.
For more information about UPAY Inc. and its innovative finance solutions, visit [www.upaytechnology.com](http://www.upaytechnology.com) or learn more about ACPAS at [www.acpas.co.za](http://www.acpas.co.za).
For media inquiries, please reach out to [info@upaytechnology.com](mailto:info@upaytechnology.com).
