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Little has entered into the lucrative point-of-sale terminal market with Little Pay Point-of-Sale (PoS) as millions of Kenyans head into the festive season.
Little PoS will allow merchants across the country to accept online, card and mobile money payments from shoppers in this festive season. The mobile POS payment market has grown exponentially due to the increasing penetration of smartphones and tablets, which are being used more frequently for both personal and business purposes; the growing adoption of cloud-based technology and the rising popularity of e-commerce and online shopping is driving demand for mobile payment options. The global size of the mobile POS market was in excess of USD 103.83 billion by 2023.
According to Kelvin Munga, Head of Business Development Merchant Acquiring and Payments at Little, “Little Pay PoS taps into Kenya’s growing cashless transaction supporting settlements in both Kenya Shillings and the US Dollar, as well as mobile money options like Airtel Money, M-Pesa, and Pesalink, ensuring flexibility and convenience for users.”
“The design is targeted at businesses that demand speed, ease, and reliability. Whether you’re a small retailer or a large enterprise, our solution ensures that your payment process is fast, convenient, and secure,” he said.
Besides compliance with security standards, Little Pay POS comes with an online portal that allows you to download real-time data and customize information to suit your specific business needs.
It allows set up multiple users on a single platform, providing visibility of cashier activities even while you are on the move.
“By providing transportation of goods and services through the Little cab platform, the new payment system therefore offers merchants an opportunity to connect with their customers hustle free.”
In the market, Little PoS will contend with DPO Payments, PesaPal PoS, JamboPay, KopoKopo, Flutterwave, iPay, Cellulant, Jenga and the recently launched Network.