Mark Mwongela, CEO of Pesapal told the media, “We are delighted to have this authorisation by the CBK. We will continue to enable payments for merchants and consumers.” Founded in 2009, the company provides a simple, safe and secure way for people and businesses to make and accept payments in Kenya.

The company’s primary objective is to democratise payments by providing affordable, innovative, and customised payment solutions to businesses and consumers alike. Currently, the company operates in Kenya, Uganda, Tanzania, Malawi, Zambia, and Rwanda.

Pesapal also brings together local mobile money payment methods, Visa, MasterCard and American Express. By connecting once, customers can have access to all for both online and over the counter payments.

In 2019, Pesapal announced the integration of Samsung Pay, Apple Pay, FitBit Pay and Google Pay payments on its new tap-and-go, contactless Sabi M010 terminals. Since then, a large number of business owners in East Africa have been conveniently accepting digital wallet payments from their customers as more consumers look for cashless options.

The vision of the company is simple. It aims to become Africa’s safest and most convenient way to pay and get paid. In future, the company also intends to lead as a reliable Payment Service Provider in Africa which offers digital financial services to individuals and businesses.

Image credit: Pesapal

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This strategic partnership will enable all Pesapal Mobile users to use universal Visa QR capabilities and the Visa Token Service for swift contactless payments. Pesapal is responsible for building a sustainable payment ecosystem in Africa offering ecommerce, point of sale, and consumer applications on a single platform.

Vice president and general manager, Visa East Africa, Corine Mbiaketcha, told the media, “We are excited to work with Pesapal 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.”

For Visa, this partnership will act as a catalyst to drive payments acceptance across Africa, in addition to increasing financial inclusion on the continent. Corine Mbiaketcha, Vice President and General Manager for Visa in East Africa, “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.”

In a nutshell, the partnership between Visa and Pesapal will enable small businesses to accept various forms of Visa payments, including Visa QR, MPos, Mini POS, and POS. Pesapal has transformed the connected payment landscape which was previously for large businesses only.

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