About Us
Want to meet the team or know a bit more about us? You're on the right page!
Payment Accelerator is neither a Financier nor a Financial Institution. Our core business is the provision of business intelligence, through the validation of invoices, enabled by our patented Invoice Validation Platform. We do not set our fees according to Invoice values, ensuring a lower cost to the Supplier, whose invoices are being financed.
Our Team
Moses was the President of the Durban Chamber of Commerce and is an entrepreneurial shareholder and director of various businesses in retail, tourism, shipping & marine engineering.
He serves as a director on the board of various companies including Tsogo Sun (KZN), Elgin Brown & Hamer, Spectrum Shipping, Dynachem (KZN) and Bheka Financial Services
Neville is the inventor and developer of the eInvoiceBankingTM© and eInvoiceFinanceTM© Patented Electronic Invoice Validation System.
He has been Involved in Invoice Financing since 1961; Consultant to a Group of Independent Invoice Finance Companies. Business analyst specialising in Invoice Financing Manufacturing and Property Systems, Solution Development – (Manual & Automated).
Daniel has over 15 years’ experience in information technology and project management with 10 in software development.
He has provided solutions to government, tertiary institutions and the private sector; each with unique objectives requiring bespoke systems. He has been involved in continued development and strategy for Payment Accelerator’s products.
Pete is passionate about integration, he has worked with major corporates including Discovery Health,
where his solutions have been running for over 30 years. Total claims throughput over 100,000 per day. Total server downtime since inception is only 4 hours. Peter was transferred to the Admin and Billing department to stabilise major mission-critical batch runs and was appointed as Systems Architect responsible for the architectural needs of the C/C++ developmental team
Thuso is an accountant and business analyst who has worked both in corporate and runs his own business.
He is a co-owner and Chief Financial Officer of Linsen Nambi, the first 100% black shipowners in South Africa. He has an MBA from GIBS and completed his articles with KPMG. Thuso is a member of the Association for the Advancement of Black Accountants of South Africa (ABASA).
Vernon is a seasoned commercial and insurance litigator with expertise and a track record in cyber law. He is the Managing Director and founder of V O’Connell Inc. Vernon argued the first High Court case on admissability of computer evidence in South African criminal law. He has argued numerous cases in the High Court and Supreme Court of Appeal resulting in eight reported judgements. Vernon practises in areas of Litigation, Employment Law and Commercial and ICT.
Why PaymentAccelerator?
Open Platform
We do not prescribe who should fund the invoices nor the commercial model for invoice financing programmes.
Patented
Our patented, locally invented, and developed, technology is the core of our offering. We are also able to build new functionality as needed.
Safe & Secure
Our platform is hosted by BankservAfrica in a PCI/DSS compliant private cloud. Our app was pen-tested by external vendors.
White labelling
We have built our technology to support different brands. Our whitelabelling solutions can fully incorporate your corporate identity.
Automated
Our simple-to-implement integration tools mean all processes are easily automated. From submission to payouts, there are no manual steps!
Flexible
Our platform can support most forms of invoice finance: reverse factoring, supply chain finance, invoice discounting, factoring etc.
