Connected Payments: Visa, Pesapal Partner to Deepen Payment in Africa

• Connected Payments: Visa, Pesapal Partner to Deepen Payment in Africa

Visa, one of the global leaders in digital payments, has partnered with Pesapal to drive connected digital payments to consumers and businesses on the African continent.

Pesapal, that offers E-commerce, Point of Sale and Consumer applications in one platform, will be Visa Principal Member driving small businesses through efficient payment platform.

In a statement released by Pesapal, the company said: “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.”

“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.”

Speaking on the partnership, Corine Mbiaketcha, Vice President and General Manager for Visa in East Africa, said: 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.”