Facebook Twitter Instagram
    Facebook Twitter Instagram
    Business Times
    Button
    Business Times
    Home»Corporate»Visa and Pesapal Partner for Connected Payments in Africa
    Corporate

    Visa and Pesapal Partner for Connected Payments in Africa

    ParmenasBy ParmenasApril 27, 2020Updated:April 27, 2020No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    pesapal-visa-partnership
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Nairobi, April 27, 2020 – Visa (NYSE: V), the global leader in digital payments and Pesapal have today announced a strategic partnership to drive connected digital payments to consumers and businesses in Africa. Pesapal will become a Visa Principal Member driving small business acquiring and issuing.

    Pesapal has created Africa’s only payments ecosystem that offers Ecommerce, Point of Sale and Consumer applications on one platform. Pesapal recruits and supports businesses to be able to digitize payment collection securely while integrating to business internal systems such as POS, ERP, Accounting and Billing systems. By integrating businesses, Pesapal is then able to drive consumer payments to the merchants on the same platform.

    READ ALSO:How to Write Product Descriptions that Sell

    Since its inception, Pesapal has been driving a connected payment experience for merchants and consumers. Previously, digital payments were only available to large businesses. Pesapal has changed this with Sabi – a mobile point of sale solution that enables small businesses to accept card payments securely.

    The Visa strategic partnership will enable more small businesses to accept Visa payments across different form factors: Visa QR, MPos, Mini POS and POS. By leveraging Visa’s superior capabilities, African businesses will enjoy a world-class connected payments experience. For consumers, this partnership means that all users of Pesapal Mobile will be able to use universal Visa QR capabilities and then Visa Token Service to make contactless payments.

    READ ALSO: Selling Goods Online? KRA Wants You to Submit VAT

    “We are excited to partner with Visa and to become a Visa Principal Member. Small businesses form a big part of our economy and with Visa’s support, we will be able to support more businesses and offer more to consumers.” Said Mark Mwongela, Founder and CEO at Pesapal. “Over the last 9 years, we have benefited greatly from Visa’s expertise and platforms for payments processing and fraud management.”

    This partnership reinforces Visa’s commitment to expanding payments acceptance across Africa to drive the much-desired financial inclusion in our Communities. We are very excited to work with Pesapal and leverage our combined assets to broaden our offering to a larger number of merchants and consumers especially as governments and communities are increasingly focused on cashless and remote payments.,” said Corine Mbiaketcha, Vice President and General Manager for Visa in East Africa.

    For all the latest technology and business news from Kenya and the world, follow us on Twitter and like us on Facebook.

    Share this:

    • Tweet
    • WhatsApp
    • Telegram
    • More

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Parmenas
    • Website
    • Facebook
    • Twitter

    Not everyone is good at web content creation and some people would rather toss a match on the whole thing and walk away. Parmenas LOVES working with words to create the most impact on the ideal customers. You know, the people who will turn into loyal customers for as long as your business is up and running. Here's how he can solve your predicament: He will create and publish content on your site that your readers will want to read...but not the same rehashed stuff that all of your competitors have already bludgeoned to death. Improve the effectiveness of your website so that it becomes your best salesperson on the floor for you 24 hours a day WITHOUT calling in sick or needing employee benefits/wages/training.

    Related Posts

    New-style Traveller Centres Launch In Naivasha, With First Regional Electric Vehicle Charging

    May 20, 2022

    Naivas Opens Its 84th Branch In Kayole, Naivasha

    May 20, 2022

    Superior Homes Launches Reward Program For Investors

    May 20, 2022

    Leave A Reply Cancel Reply

    Ad
    Here’s The Latest
    • How To Establish A Connection With Your Domestic Worker
    • New-style Traveller Centres Launch In Naivasha, With First Regional Electric Vehicle Charging
    • Naivas Opens Its 84th Branch In Kayole, Naivasha
    • Superior Homes Launches Reward Program For Investors
    • ESG set to drive Real Estate Sector Forward – EAPI Summit
    Buy the Latest POS Software
    • ConnectionHow To Establish A Connection With Your Domestic Worker
    • Naivasha Safari CentreNew-style Traveller Centres Launch In Naivasha, With First Regional Electric Vehicle Charging
    • Naivas SupermarketNaivas Opens Its 84th Branch In Kayole, Naivasha
    • Superior HomesSuperior Homes Launches Reward Program For Investors
    • Absa ESGESG set to drive Real Estate Sector Forward – EAPI Summit
    • AbsaAbsa Bank Kenya earns Global Recognition
    • DStvEnhancing Business in Pubs with Variety Sports
    • (no title) Post 7460
    • Mount Kenya University (MKU) Pro-Chancellor Dr Vincent Gaitho.MKU Pro-chancelor Pleads For Peace During Polls
    • Felix Tshisekedi President of the Democratic Republic of Congo (right) receives a memento from Prof. Isaac Macharia, Equity Group Board Chairman (left) and Dr. James Mwangi Equity Group Managing Director and CEO (center).Opportunities To Explore In The Vast DRC Market
    • Y15s SafaricomSafaricom Partners With vivo Smartphone To List New 4G Devices in Kenya
    • Safaricom CEO Peter NdegwaSafaricom Confirms Commercial Launch In Ethiopia As Revenue Hits Ksh281 Billion
    • PrudentialPrudential Kenya Signs Ksh10 Million Partnership To Provide Free Education To Disadvantaged Students
    • ZohoZoho Unifies Marketing Operations With Zoho Marketing Plus
    • Cold Season5 Tips To Help You Prepare For The Cold Season
    • Banking FraudBankers, Payments Firms And Retailers In Drive To Reduce Consumer Exposure To Fraud
    • Congratulations! Deputy President William Ruto Secures His First Win in Nairobi
    • dstv kenya self serviceDStv’s New Package Offers Lifeline To Hotel Industry
    • The promotion targeted Kenyans living and working in the USA. PHOTO| Justus KisavaAMG Realtors Unveils Winner Of Five-acre Piece Of Land In Bamba Shamba Promotion
    • Paul Icharia Kepfic Vice chairmanUS Pension Schemes Direct Over Ksh58 Billion to Africa
    Facebook Twitter Instagram Pinterest
    © 2022 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.