Selcom

What is Selcom and what do they do?

Selcom is a payments technology company based in Tanzania, offering a wide range of financial and payment processing solutions. Founded in 2014, Selcom focuses on enhancing the way businesses handle transactions, especially in the African market. The company provides various services, including mobile money integration, point-of-sale (POS) solutions, and web payment gateways.

Selcom's core payment services are designed to streamline transactions and improve the overall payment experience for businesses and consumers. They enable merchants to accept various forms of payments, including credit and debit cards, mobile money wallets, and bank transfers. Additionally, Selcom offers reporting and analytics tools to help businesses monitor their payment flows and optimize efficiencies.

Who is it for?

Selcom primarily serves businesses in Africa, especially those in Tanzania. The payment solutions are applicable to a range of industries, including retail, e-commerce, travel, and hospitality. The platform is designed for businesses of various sizes, from small and medium enterprises (SMEs) to larger corporations seeking robust payment infrastructures.

Why do businesses choose Selcom?

Businesses choose Selcom for several verified strengths and benefits, including:

• Comprehensive payment solutions: Selcom offers a broad spectrum of payment processing options, accommodating different customer needs and preferences.
• Local expertise: Being rooted in the Tanzanian market, Selcom understands the unique economic and regulatory environment, providing tailored solutions that resonate with local businesses.
• User-friendly interface: Selcom’s services come with an intuitive interface, making it easy for businesses to integrate and use their payment systems effectively.
• Cost-effective pricing: Competitive pricing structures ensure businesses can manage transaction costs effectively without sacrificing service quality.
• Scalability: Selcom's solutions are designed to grow alongside businesses, facilitating easy upgrades and expansions as transaction volumes increase.
• Customer support: The company is known for its responsive customer service, with dedicated teams to assist businesses with payment-related queries and issues.

Businesses using Corefy can simply obtain a MID from Selcom and connect it to Corefy’s dashboard in a few clicks, without dealing with any integration work.

Is Selcom trustworthy?

Selcom is committed to maintaining high security and compliance standards. The company adheres to PCI DSS (Payment Card Industry Data Security Standard), ensuring that transactions are processed securely to protect customer data. Selcom also follows local regulatory requirements in Tanzania, which adds another layer of trustworthiness to its operations.

In summary, Selcom provides a comprehensive, user-friendly, and secure payment solution tailored to the African market, making it a suitable choice for numerous businesses in the region.