Partnership deepens e-commerce in Kenya

e commerceFrom MARIA MACHARIA in Nairobi, Kenya
NAIROBI, (CAJ News) – VISA has announced a strategic partnership with JamboPay to further enhance mobile commerce in Kenya.
The partnership would see 3 000 JamboPay merchants accept mVisa payments.
Consumers will be able to use Visa’s convenient, secure and interoperable mobile payment solution at leading restaurants and supermarkets, and to pay for utilities such as water, power, as well as key services offered by county governments under JamboPay.
Sunny Walia, General Manager for East Africa for Visa, said the partnership with JamboPay was another key move as part of their strategy to expand merchant acceptance for mVisa in Kenya.
“Now, more consumers and merchants will experience the speed, convenience and security that mVisa brings when making everyday purchases such as buying groceries, getting a coffee, paying for  parking, water bill, or securing government services online,” said Walia.
mVisa is a mobile payment solution, backed by Visa’s global payment network, which enables consumers to pay merchants or send money to friends and family directly from their bank account via their mobile banking app.
mVisa also offers merchants of all sizes a cost-effective and secure way to accept electronic payments.  Consumers can pay merchants by scanning a QR code on a smart phone or by entering a merchant number into a feature phone.
The payment is pushed directly from the consumer’s bank account into the merchant’s account and provides real-time notification to both parties.
Danson Muchemi, Chief Executive Officer and founder of JamboPay, said the partnership would provide subscribers with a new channel for the JamboPay e-wallet top ups and payments for clients.
“We are certain this will result in increased revenues and better service delivery to our clients,” Muchemi said.
JamboPay, founded in 2009, is a Kenyan based innovative electronic payments service that serves over 3 000 clients in Kenya, Senegal, Tanzania and Uganda.
It will soon be available in Malawi and Rwanda.

CAJ News

Short URL: http://cajnewsafrica.com/?p=21281

Posted by on Jul 18 2017. Filed under Africa & World, Featured, Finance, Investing, National, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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