Welcome to the Association of System Operators

The ASO is an independent body formed to represent the interests of all Payment System Operators in the RSA.

Become a member

The Association of System Operators (ASO) was created at the beginning of 2007 in preparation for the new structure for participation by non-banks in the formal payment system processes introduced by the South African Reserve Bank (SARB) in conjunction with the issuance of the Directive for Payment System Operators. The ASO is an independent body formed to represent the interests of all Payment System Operators in the RSA. The aim is to provide a non profit forum in which association members can address issues of common interest and interface with payment industry stakeholders, government and regulatory organisations. In this capacity, the ASO will be holding a seat on the South African Reserve Bank (SARB) National Payment System Advisory Board.

Office bearers

  • Wynand Malan
    Wynand Malan


    Wynand has been involved in payments for 25 years and is a thought leader in the field of the optimisation of bulk collections.

    As co-founder and COO of Q LINK, a specialist payments provider, he lives his passion by developing business opportunities, consulting on collections strategies and supporting the business to deliver on new innovations.

    He participates in several industry and regulatory forums, speaks at conventions and has relationships with many role players in the payments system.
    His previous experience includes the development of systems in defence technologies and the design and operation of transactional switches and gateways. Wynand has filled many leadership positions both in business and the community.

    His motto is to have fun and to share with others while striving for excellence.

  • Anthony de Gray Birch
    Anthony de Gray Birch


    Anthony is the MD and co-founder of Direct Transact, and its leading authority on Banking- as-a-Service (BaaS), interbank processes, banking operations and regulatory compliance. A chartered accountant (CA) by training, Anthony has a very deep understanding of how to grow a lean, financially sustainable, scalable business from the ground up. Today Direct Transact is an award-winning company with unrivalled industry expertise, with 130 employees, serving 70% of SA's clearing banks, and processing more than ZAR40 billion in monthlv pavment fows across 21 currencies within the local fintech ecosystem.

  • Steven Kark
    Steven Kark

    Manco Member

    Steven, an internationally accomplished entrepreneur, is the founder and Group CEO of Paycorp, an international payments company operating in Southern Africa, Eastern Europe and the United Kingdom.

    Headquartered South Africa and backed by over two decades of payments innovation, Paycorp is a respected payments provider with offices in 7 countries staffed by over 400 highly skilled employees. Paycorp’s centralised processing technology connects with the world’s major payments networks, card schemes and banks. Paycorp offers a broad range of payments products and services – from converting any store of value to cash, card acquiring and embedded finance to global transaction processing.

    ATM Solutions, the cornerstone of the Paycorp Group, was co-founded by Steven in 1999 – pioneering independent ATM deployment in South Africa. ATM Solutions owns and operates large ATM estates globally. The company also provides state-of-the-art transaction processing, terminal management and value-added services across ATM networks, point-of-sale acquiring and card programs.

    Steven holds a Bachelor’s degree from the University of the Witwatersrand (Johannesburg) and a Post Graduate Diploma of Business Administration from Thames Valley University (now the University of West London).

    ATM Solutions is a previous recipient of the KPMG Business Day South African Unlisted Company of the Year and Steven the recipient of Topco Media’s Top Performing Businessman of the Year.

    Steven is a member of the Young Presidents’ Organisation, a founding member of ATMIA Africa, and currently the Vice Chairman of the Association of Payment System Operators (ASO) – and was Chairman from 2006 to 2020.

  • Billy Pienaar
    Billy Pienaar

    Manco Member

    A seasoned Chief Executive Officer with over two decades of leadership experience in the financial services and payment industry. Since taking the helm at Softy Comp in 1995, I have guided the company into the payment sector starting in 1998, demonstrating a robust track record of innovation, strategic business development, and industry advancement. As one of the pioneering members of the Commercial Independent Association (CIBA), I have been instrumental in shaping industry standards and advocating for best practices in the Payments Industry. My tenure at Softy Comp has been marked by a steadfast commitment to excellence, customer satisfaction, and the development of cutting-edge payment solutions that cater to a dynamic economic landscape.

    Personal Background:

    Dedicated family person, happily married and a proud parent of five children. My personal ethos revolves around the balance of professional dedication with a rich and fulfilling family life.