SOUTH AFRICA

Transaction Capital Recoveries (TCR) was the first debt buyer in South Africa. Purchase books are generally sold by credit providers after being worked by “fee for service” agents and approximately 18 months post write off.

Its scale and significant database provides TCR with an inherent advantage in pricing and onboarding of new books.

Once purchased, all collections accrue to TCR instead of just the percentage commission as with agency revenue.

Right to Collect: In certain cases, where transfer of ownership of the book is problematic or prohibited by law, TCR acquires the exclusive right to collect on a book for a specified period of time, thus providing the credit provider with a partial upfront recovery in addition to a recurring recovery percentage over time.

AUSTRALIA

The Australian debt collection market is highly fragmented, we estimate the annual aggregated purchases of NPL portfolios at A$600 million, many times larger than the South African market. This gives some indication of the growth opportunity for TCRS. However, as our acquisition of NPL portfolios in Australia gains traction, underpinned by our analytics and pricing expertise and capital raising capabilities, we will remain cautious and selective.

SOUTH AFRICA & AUSTRALIA

TCR offers a host of outsourced customer management and collections services from day 1 delinquency reminders for payment (pre-write off) to legal collection services on long-outstanding receivables (post-write off).

TCR responds to specific client needs and tailors its campaigns according to clients’ recovery objectives.

TCR is generally appointed to panels and competes with in-house collections teams as well as competitors.

TCR earns a pure success based commission on collections.

In some cases TCR works accounts as an agent before they are sold off by the client.

Transaction Capital Risk Services utilises its South African low-cost centre of excellence to provide services and support efficiencies to enable the offshoring of international clients.

Transaction Capital Payment Solutions (TCPS) provides Electronic Fund Transfer (EFT) services which include salary and wage payments, 3rd party payments, NAEDO, debit order collections and account verification to clients in any industry accross South Africa, Lesotho, Namibia and Swaziland. TCPS specialises in delivering customised, innovative, flexible and tailor-made services to suit your business needs. 

Accsys is recognised as an award-winning software company in South Africa, specialising in People Management Solutions including payroll, human resource management, time & attendance solutions, access control, biometrics and employee self-service (ESS) on premise, in the cloud as well as a full outsource solution.

Accredited Payroll education on both the software and as a general formal qualification and recruitment is also part of their portfolio.

The mobile app allows leave applications and approvals from just about anywhere, as well as remote clocking, giving management the ability to manage employees from their phones and tablets.

Fihrst offers South African employers payroll management service enabling organisations to achieve greater levels of efficiency and employee service.

Fihrst has been chosen as the preferred payments partner by more than 1,250 employer groups of all sizes across all sectors of the economy, representing 850,000 employees. Fihrst is recognised by and works in partnership with the majority of third-party payroll organisations including pension fund and medical aid administrators.