EFT With Ozow Meaning

Ozow is an EFT payment processor that allows for funds to be transferred inter-bank directly into a seller’s bank account, in real-time.

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How does EFT with Ozow work?

How does Ozow work? A customer chooses Ozow as a payment option (typically listed under Instant EFT) during the online checkout process and selects their bank. The bank will then send a one-time password (OTP) or mobile authentication to their cellphone or banking app to verify the payment.