VCAP1 Alliances (Pty) Ltd (VCAP1) And Virtual Payment Solutions (Pty) Ltd Switchone (Pty) Ltd
Case Number
LM205Mar23
Case type
Large Merger
Procedural matter
Type of merger
Vertical
Case status
Reasons Issued
Outcome
Approved
Order date
30-05-2023 12:10 PM
Competition Tribunal Members
Fiona Tregenna, Mondo Blessing Mazwai, Shaista Goga
Industry
Other monetary intermediation
Relevant market
Provision of VAS solutions;sale of prepaid airtime and data; sale of prepaid electricity; and bill payments/aggregation services
Sector
Financial and insurance activities
Primary Acquiring Firm
VCAP1 Alliances (Pty) Ltd (VCAP1)
Primary Target Firm
Virtual Payment Solutions (Pty) Ltd Switchone (Pty) Ltd