Alipay, an Alibaba-owned mobile payments processor has partnered with Flutterwave, a pan-African payments firm located in SF and Lagos, Nigeria, in a move that will see Alipay link its 1 billion users to Flutterwave merchants in Africa. China wants the whole of Africa and payments matter a lot. The Chinese ...
eCommerce company Sky.Garden has made groundbreaking implementations to its payments module to ensure real-time payments to their sellers after signing a deal with digital payments firm Interswitch. The deal will improve speed and accuracy of mobile money payments and allow seamless cash flow management and comes months after the firm ...
2017 marked the launch of Jack Ma’s AliBaba Group eFounders initiative program, in partnership with United Nations Conference on Trade and Development (UNCTAD). This is an intensive two- week training course designed especially for entrepreneurs in developing countries, whose businesses lean toward e-commerce. The initiative aims to help empower 1000 ...
Kenya's Pesapal has launched Sabi, (savvy) its chip and pin and NFC-powered mobile Point of Sale (mPOS) solution to allow businesses and individuals to process secure card payments in store or on the go via their Android mobile phones or tablets. The launch of Sabi in Kenya, Uganda and Tanzania is an onslaught ...
Singapore-based Youtap has launched Youtap Cloud, a payment processing platform delivered as a cloud service for mobile money and payment providers in developing markets. Youtap Cloud enables real-time transaction processing for contactless mobile money and bank wallet payments. It supports QR code payments, as well as NFC technology, including ...
Ghana's ALEXpay, a product of Allied Exchange Africa, has launched to end the lack of cross-network money transfer across the country and expand across Africa where mobile money is king. The platform is targeting offline vendors, online merchants, government agencies and and individual customers to integrate their mobile payments with ...
Open banking platform RedCloud Technologies has partnered with Nigeria’s KongaPay to allow unbanked customers in Nigeria to pay for their goods and services online. The open banking platform will offer a new platform connecting all stakeholders in the financial ecosystem allowing free flow of digital payments, loans, insurance and new ...
Payments firm Cellulant has launched “Mula”, its relatively new payments service in Ghana in a move that will allow anyone pay for their the utility bills online, purchase airtime and pay for TV subscription services such as GOtv and DStv from their mobile phones. According to the firm, before the ...
Kenya's Direct Pay Online Group (DPO) has acquired Virtual Card Services (VCS) South Africa marking the completion of DPO’s purchase of VCS Group, post the earlier acquisition of VCS Namibia and VCS Botswana in its pan-African expansion move. The deal aims to bolster DPO’s leading position in Southern Africa after ...
With nearly 40 million active mobile phone subscriptions in Kenya and Ksh. 515.9 billion in person-to-person money transfers within the last quarter of 2016, mobile money payments have become an integral part of Kenyans’ lives. However, Kenyans spend billions on transaction fees for mobile money transfers every year because they ...
Visa and Direct Pay Online Group (DPO) have partnered to enable 20,000 more merchants to accept mVisa payments, facilitating mobile commerce in Kenya and connecting more people and businesses to the global economy. The deal will see consumers pay merchants or send money to friends and family direct from their ...
South Africa's Sureswipe, an independent payment service provider has launched a new Integrated Payments product expected to reduce manual hours spent on reconciliations, making customer payments quicker and safer. According to Paul Kent, managing director of Sureswipe: “Our new Integrated Payments product has been developed for higher volume businesses that ...
In 2014, Kenya's payments aggregator PesaPal achieved PesaPal is PCI-DSS Level 1 certification to ensure that all transactions over its platform are secure, and trusted with sensitive payment information by both merchants and cardholders shopping online or offline. Now, PesaPal has added PCI PIN security certification for its mobile point ...
M-Paya is a new payments platform aimed at enabling SMEs to accept mobile and digital money as a form of payment and thereby deepening financial inclusion and enabling a cashless society. Run by Kenya's Empire Microsystems, M-Paya also aims to offer its SME merchants instant mobile-based unsecured transaction-based loans in ...
South Africa-based enterprise payments platform provider, Nomanini, has integrated with MFS Africa to enable informal merchants to send and receive international remittances. The integration with MFS Africa allows Nomanini merchants to facilitate international remittances, increasing their financial service offering in their communities. Nomanini’s payments platform enables informal retail ...
Digital money transfer service WorldRemit has launched new cash pick up services in Ethiopia and Uganda allowing people in more than 50 countries to send instant, secure money transfers to more than 125 destinations. Known as the ‘WhatsApp of money’, WorldRemit makes sending a remittance as easy as sending an ...
Paystack, a Nigerian payments firm has raised $1.3M in seed funding from international investors Tencent, Comcast Ventures and Singularity Investments, with participation from Spark, M&S Partners, Tokyo Founders Fund, Blue Rinc Capital, Pave Investments and KIBS-CFY Partners. Angel investors Michael Siebel, Justin Kan, Olumide Soyombo, Leonard Stiegeler among others participated ...
Set to launch later this month, WeCashUp aims to be a universal mobile payment platform that will enable online merchants to accept all the existing Mobile Money solutions in their web and mobile apps. According to Infinity Space, the firm developing it, WeCashUp will open a large e-commerce highway for ...
IMG Source:commons.wikimedia.org South Africa's Net 1 U is set to invest up to $40 million in MobiKwik over the next 24 months and have its Virtual Card technology integrated across all MobiKwik wallets in order to provide ubiquity across all merchants in India as the firm targets ...
MENA's Online payment service Payfort has partnered with Mastercard for seamless e-commerce and mobile payment solutions in the region as it experiences a significant growth in e-commerce and mobile payments. The addition of Mastercard solutions on top of PAYFORT’s secure payment platform offers online shoppers in the Arab ...
Over the years, point of sale technology has evolved considerably. Once upon a time, a pharmacy’s POS terminal was little more than a cash register that tracked inventory and added up purchases. Today, POS systems are far more sophisticated. They are capable of accepting payments from mobile wallet applications; they ...
Pan-African online and mobile payments solution provider, 3G Direct Pay Limited has launched QuickPay, a mobile application that enables merchants to launch their card and mobile transactions on their mobile phones anywhere, anytime. QuickPay, also known as mSwipe+, allows users to generate a link which is sent to the client ...
Johan Meyer, CEO and Founder of Wallettec, a PaaS (Payment as a Service) platform enables a retailer to accept any type of mobile transaction or currency type at their Point Of Sale. Through a single integration, retailers can enable consumers to transact at their Point Of Sale using only their mobile ...
Nigeria's payment gateway SimplePay has secured Level 1 Payment Card Industry Data Security Standard (PCI DSS), the world’s highest security standard for organizations that handle branded credit cards putting SimplePay among the very few service providers in Nigeria that have this certification. In a statement, Simeon Ononobi, Founder of SimplePay ...
Instant international money transfer service SimbaPay has today launched UK to Kenya noney tranfers at zero charges, allowing users in the UK to send cash to their loved ones with ease to their banks or their mobile money wallets. SimbaPay, founded by Ex-BrighterMonday Sagini Onyancha who exited on the first ...
Juma Ahmed is a sculptor based in Mombasa Kenya. He makes around 20 to 30 medium sized sculptures in a month to a growing clientel base in his homw town. For years, Ahmed turned down international orders from his website because he didn't know how he could recieve payments. Then ...
Available in Nigeria, Kenya, Uganda, Niger, DRC, Mali, Tanzania, South Africa, Algeria, Egypt, Jordan, Morocco, Turkey, UAE, TrustPay is set to launch in Ghana in a move to offer a broad range of eCommerce and MCommerce payment options for merchants. The Port Louis, Mauritius headquarted firm, with one of its ...
Demo Africa 2014 top 40 alumni Irofit has raised a $600,000 in a seed round led by Inventure, a leading Nordic early-stage VC firm with participation from Solinor, a major payments-industry software development company; and Rasheed Olaoluwa, an industry expert. Speaking to TechMoran via Email, Omoniyi Olawale, IroFit’s Founder and ...
This must be the greatest news I have had to share about the Kenyan startup ecosystem this year. Two Kenyan grown entrepreneurs Rodgers Mhandi and Sam Masinde co-founders of Card Planet havebecome the first Kenyan startup to be accepted into Silicon Valley's 500 Startups. Card Planet also held a lecture ...
Tanzania's Zantel EzyPesa has partnered with online money transfer service WorldRemit in a move that will allow EzyPesa customers receive money from WorldRemit from their family and friends. Zantel EzyPesa puts WorldRemit's transfers to two of Tanzania’s four Mobile Money services as the firm earlier signed a similar deal ...
