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E-Deposit is a professional business services firm offering innovative cash deposit solutions to a well-diversified retail and wholesale client base.  Its business philosophy is based on an understanding of the challenges wholesalers and retailers are facing in terms of cash management and cash deposit fees. 


E-Deposit pioneered the Electronic Deposit System (EDS) and successfully launched it in the market in 2010.  This dynamic and groundbreaking technology-driven solution incorporates state-of-the-art technology and works in conjunction with all retail banks in South Africa to provide wholesalers and retailers with cash savings up to 50% on a transactional basis. These savings result from the fact that E-Deposit’s fees for deposits are at least 50% lower than the deposit fees charged by any retail bank in the country. The service offered by E-Deposit is available to any business regardless of size and location.

 

The EDS product offering is accessible throughout South Africa and a reputable bank of South Africa is a sponsoring bank

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