">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Saturday, January 16, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Tech

CinetPay facilitating online and offline payments for merchants

Charity Mbaka by Charity Mbaka
2 years ago
in Tech
6 min read
0

Cote D’Ivoire based CinetPay is a mobile money payment hub that federates mobile money payment methods in Africa. The company exhibited and won at the 2018 Ivory Coast Leg of Seedstars competition, and represented the country at next year’s final in Switzerland. TechMoran spoke to CinetPay about the company and its vision moving forward.

Tell us about yourselves; your team, your educational and professional backgrounds
My Name is Idriss Marcial Monthe, I am a CEO and Co-founder of CinetPay. I am passionate about new technology, Payment, Mobile Money, and Innovation.
Our Team today is 16 people in four countries in Africa (Cameroon, Côte d’Ivoire, Mali, and Senegal) It is a young and amazing Team. I engineer in Computer Science and I follow a training in accelerator Founder Institute in Abidjan. My professional experience, I have worked as a technical support in many companies and my last position was Head of Presales for West Africa in a company in Côte d’Ivoire.

How would you best describe Cinetpay briefly, what does it do?
CinetPay is an African Mobile Money Payment Gateway. CinetPay allows merchant or e-merchant to sell online or offline and accept all Mobile Money payment available in West and Central Africa.

What market gap did you spot that motivated you to start this company?
The problem of digital payment in Africa. It is very difficult to develop a digital economy in Africa because we are front of three problems. Payment, Delivery, and Regulation. So we create CinetPay to solve the problem of digital payment online and offline in Africa. We help the merchant to accept all Mobile and card payment in Africa in their website, mobile App, Shop in six (06) countries in Africa (Côte d’Ivoire, Cameroon, Senegal, Mali, Togo, and Guinea).

READ  Rwanda's Bank Of Kigali Partners With Visa To Launch 'mVisa'

Who is your target market?
Our Target is an e-commerce website and shop

How does your company make money?
Our business model is very simple. Merchants pay a subscription fee and we charge a commission in each transaction.

Who would you say is your major competition in this space at the moment?
We have many competitors in Africa. SycaPay in Côte d’Ivoire, money bill in Cameroon, Paydunya in Senegal, VitePay in Mali and so one.

Related posts

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
0

How to fuliza by Safaricom guide

January 15, 2021
0

ASUS debuts new ZenBook Duo | Pro Duo, VivoBook, ExpertBook and Chromebook laptops at CES 2021

January 15, 2021
0
signal-apps

Is Signal That Different From WhatsApp? Here Are 5 Ways It May Be Different

January 15, 2021
0

What is your vision for the company in the next 5 years? What is your plan for expansion? Any new products coming soon?
Be present in 14 countries in West and Central Africa. We are working to be present in all these countries in the few years. We are working to a new product to help the merchant to accept payment in rural area without the Internet. Because many villages on the continent don’t have access to the Internet. So How can we help all this population to use Mobile payment and have access to digital payment!

At the moment, how do you measure your own success? What are your metrics?
We measure our success by the number of transaction and the number of active merchants.

READ  Startimes Free To Air Set Top Box To Retail At Just Ksh 3,299

What advice would you give to upcoming entrepreneurs?
to be passionate, perseverant and especially to see all obstacles and difficulties as opportunities

Readers 4,230

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Charity Mbaka

Charity Mbaka

Related Posts

cryptocurrencies

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021
0
How To

How to fuliza by Safaricom guide

January 15, 2021
0
Tech

ASUS debuts new ZenBook Duo | Pro Duo, VivoBook, ExpertBook and Chromebook laptops at CES 2021

January 15, 2021
0
signal-apps
Tech

Is Signal That Different From WhatsApp? Here Are 5 Ways It May Be Different

January 15, 2021
0
Tech

Between WhatsApp, Facebook And Signal Which Platform Collects More Personal Data?

January 15, 2021
0
Tech

HTML5 Tech Takes Over from Flash to Advance E-Sports Industry

January 15, 2021
0
uganda-8
Tech

This Is Why The Ugandan Web Is Currently In Turmoil And Their Internet Has Been Shutdown

January 14, 2021
0
Leadership

SEACOM suffers second major executive exit as CTO resigns

January 14, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Baidu establishes an Intelligent electric vehicle arm to bring autonomous cars on a road near you

January 15, 2021

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021

History of Binance: The Success and Failure of One of the Most Popular Cryptocurrency Exchange

January 15, 2021

How we can all contribute to the Green revolution 

January 15, 2021

How to fuliza by Safaricom guide

January 15, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: