CHIPS – what every user should ask

What is CHIPS?

CHIPS is a safe money storage and transacting platform through which users can transact with one another, be they consumers or businesses.    Through the CHIPS ecosystem the user has access to his money to buy goods and services or to send money to others using secure mobile apps and web-based portals.

CHIPS users can interface to the domestic national payment system and their bank accounts to make payments, move money between CHIPS and their bank account, or to withdraw cash at ATMs or in participating stores.

About Omnea

Omnea forms part of the XEA Capital group and provides businesses with access to secure and reliable payment platforms across Africa.

Omnea now also offers CHIPS, as a service, to South African consumers, businesses and other organisations, as well as government.


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