Olympus was developed initially as an electronic banking platform 2001 servicing one of the Banks in South Africa. A redeveloped Olympus 3.0 was deployed handling transaction integrations between cash acceptance customers, handling the reporting and accounting of the transactions and switching the transactions through integrations into another two Major South African Banks. It operated in this capacity from 2006 to 2012 processing at peak an estimated 1800 transactions per second,
and a total of 5000 account with a total transaction volume of 3 000 000 transactions per month. In 2009 we started development of Mobile Money acquiring modules
for accepting debit card-based transactions using the PayD 1.0 transaction structure. The main client for this was the purchasing and delivery of airtime vouchers for the two main cellular providers in South Africa.
This system is integrated to most of the major South African system operators with continuous processing which is one of the core features of the Olympus system.
Olympus has an Alliance Banking Sponsorship agreement with Growbank Limited.
The Olympus Financial Service Delivery Platform (FSDP) is a complete integrated financial system for specific use in the financial and banking arena. It aims to provide a single cohesive solution in providing the basic requirements for transacting and account hosting with special focus on rapid integration and allowing for multiple channels to be incorporated
Delivering the services our clients require in a way that will ensure they received and perceived more value than what they expected.
Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth.
People: Be a great place to work where people are inspired to be the best they can be.
Partners: Fostering a winning network of customers and suppliers, together we create mutual, enduring value.
Planet: Be a responsible citizen that makes a difference by helping build and support sustainable communities.
Profit: Maximize long-term return to share owners while being mindful of our overall responsibilities.
Productivity: Be a highly effective, lean and fast-moving organisation.
Our technology makes is possible to provide a multiple of account types based on business rules
Carry money and pay virtual from our mobile wallet solution. Ideal for education providers allowing controlled purchases on and of campuses.
Our Sponsor Bank relationship allows for the creation of bank accounts based on bespoke business rules.
Integration with the major payment rails makes us ideal partner for acquirer in card roll outs.
Airtime vending accounts
We can create fast and risk-free vendor payments that satisfy the high-volume cellular airtime market.
Keep banking simple
Olympus is essentially a workflow processing engine with specialised extensions, underpinned by a financial dual entry accounting system. The system allows for the integration, switching and processing of card, virtual and batch transactions in the traditional banking environment with connections to the most widely used industry applications.
The processing of the transactions follows the work flows defined by business rules that can be extended dynamically and over time as the business logic and environment changes.
The business rules applied to the defined transactions can also be extended to incorporate fraud checking, notifications, verification and even additional workflows.
The Olympus Financial Service Delivery Platform (FSDP) is a complete integrated financial system for specific use in the financial and banking arena. It aims to provide a single
cohesive solution in providing the basic requirements for transacting and account hosting with special focus on rapid integration and allowing for multiple channels to be incorporated.
Olympus is an approved alliance banking partner in South Africa. This does not only confirm compliance, it also make for fast and effective go to market abilities.
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