Visa and Pesapal Partner for Connected Payments in Africa


April 28, 2020 – Visa (NYSE: V), the global leader in digital payments and East Africa payment giant, 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, SOFO.NG has learned.

Visa and Pesapal Partner for Connected Payments in Africa

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.

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 payment 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.

“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 payment 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

Ogbeni Sofo
the authorOgbeni Sofo
In my few years on this planet, I have learnt some core values of living. One of these is to live well and be truthful. In as much as I’d like to be your aproko mate, don’t mistake my facts for clickbaits. I write to inspire and educate. Sometimes, I might seems to be fortunate (without the UN prefix) to you but trust me, I am not who you think 🤔 I am. I am just me, OGBENI SOFO!

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