Core Insights - UPAY Inc.'s South African subsidiary, ACPAS, has entered a multi-phase development agreement with a major pan-African financial services group to launch a new digital lending brand in South Africa [1][2] - The partnership is structured to align ACPAS's growth with the lender's expansion in the South African online credit market, with revenue based on transactional income [2][5] - The new platform aims to provide South African consumers with affordable and transparent financing options, promoting responsible lending and financial inclusion [3][4] Scope of Work - The development deal includes custom software tailored for the new digital lender, a cutting-edge online lending website, and enhancements to ACPAS's Loan Management Software [5][6] - Key features of the platform will include streamlined credit origination, digital onboarding, real-time loan management, and scalable backend support for high-volume transactions [6][7] Compliance and Security - ACPAS's integration will adhere to strict compliance protocols and advanced risk management safeguards, aligning with South African regulations and international fintech best practices [4][7] - The platform will also ensure robust data privacy and credit governance standards [7]

Core Insights - UPAY Inc. announced a new Service Level Agreement (SLA) for its South African subsidiary, ACPAS, with a leading retail finance provider to enhance consumer credit offerings for technology products [1][2] - The agreement allows ACPAS to implement its advanced Loan Management Software (LMS) and payment technologies across over 30 retail stores and an online platform [2][3] - The collaboration aims to provide compliant and accessible credit solutions, enhancing the customer finance journey both in-store and online [3][4] Financial Technology Integration - The integration will support financing for high-demand technology products such as smartphones, laptops, and tablets [2][3] - The partnership is expected to expand access to premium technology through smarter finance options, redefining responsible credit delivery in tech-driven retail [5] Compliance and Risk Management - UPAY's subsidiary, AML GO, will enhance the solution with automated anti-money laundering (AML) checks to ensure compliance with local regulations [4][8] - The SLA includes features for seamless credit origination, real-time account servicing, and built-in tools for compliance and risk oversight [7][8] Company Overview - UPAY Inc. is a U.S.-listed fintech holding company focused on intelligent financial platforms and compliance technologies across various markets [6] - ACPAS specializes in Loan Management Software, facilitating digital lending and risk-based decision-making for financial institutions in South Africa [6]