PayGate, Retail Capital target start-ups ahead of Black Friday

PayGate, a local payment service provider, has announced a partnership with Retail Capital to provide start-ups with short-term working capital for them to be competitive ahead of the festive season. The companies say they co-created the Easy Advance product to allow merchants to gear up and take advantage of the approaching Black Friday.

PayGate, which processes payments for over 25,000 online merchants in Southern Africa, says it wants to make sure its customers have the capital they need to compete “when it comes to the big sale days later this year”.

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