Altron FinTech prides itself on constantly researching, developing, and utilising technology to allow our customers to focus on their core business. Our portfolio of solutions include: debit order processing, payment and switching services, card personalisation and issuance, credit management software as well as debit and credit card payment solutions. We also provide solutions to the consumer market for person-to-person payments and value-added services.
The convenience of cash with the security of a card.
Instant and financial issuance self-service kiosk
Get your loyalty, access control and financial cards instantly in the hands of your customers with the new self-service kiosk.
Payment Terminal Hardware
Accept any payment token from any payment device via any acquiring back within South Africa.
Loan Management Software you can trust
Our loan management software can be used in any size of micro lending business, from small, single offices to big groups, even in banks.
Altron FinTech Newsletter
Browse all things Altron FinTech in the latest issue of our newsletter. Be sure to check out the video links for our User Conference and the other exciting content we have put together for you!
Altron FinTech Short-term Credit Impact (AFSCI)
The AFSCI Index has been developed on behalf of Altron FinTech by Keith Lockwood, an independent economic consultant and adjunct faculty member of the Gordon Institute of Business Science.
We have released our latest Short-term Credit Impact Index, known as the AFSCI Index tracking the impact of short-term credit extension on the South African economy. The index is compiled independently by economist Keith Lockwood each quarter.
Based on National Credit Regulator (NCR) data for the second quarter of 2022, there was a significant increase of almost 10% in the AFSCI Index when compared to the first quarter of the year. However, relative to a year earlier, the index is down just over 1%.
Altron FinTech Household Financial Resilience Index (AFHRI)
In recognition of the need for data that provides more clarity on the financial disposition of households in general, and their ability to cope with debt in particular, Altron FinTech commissioned economist and economic advisor to the Optimum Investment Group, Dr Roelof Botha, to assist in designing this index.
Dr Roelof explains further: “The AFHRI comprises 20 different indicators, all of which are related to sources of income or asset values. The index is weighted according to the demand side of the short-term lending industry and calculated on a quarterly basis, with the first quarter of 2014 being the base period, equalling an index value of 100. All of the indicators are expressed in real terms, i.e., after adjustment for inflation.”
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Altron FinTech offers high quality solutions driven by innovative technology assisting businesses to thrive and grow. We pride ourselves on our “always on” PCI-DSS compliance.
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Quick Access to Our Resources
Altron Fintech Blog Altron Fintech Blog
- Fraud Awarenessby Admin on 16 May 2023 at 6:47 am
- Altron Finch Newsletter – May 2023by Admin on 4 May 2023 at 1:54 pm
- AFHRI Q4 2022 Resultsby Admin on 4 May 2023 at 1:39 pm
MEDIA RELEASE Latest Altron FinTech Household Resilience Index indicates mounting pressure on household finances of South AfricansThe Index (known as the AFHRI) shows that while household financial resilience increased by 1.4% in the quarter, the decline of 1.1% recorded year-on-year reflects the mounting pressure on household finances.