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[Kenya] iPay and Visa partner to simplify payments for small businesses

[Kenya] iPay and Visa partner to simplify payments for small businesses

iPay, a digital payment platform in Kenya, has joined forces with Visa, a world player in digital payments to introduce Visa’s Tap to Phone technology aimed at simplifying digital payments for both merchants and customers.

Dubbed Tap Ulipe, the solution is integrated into a sleek, portable, internet enabled MobiGo 2 device, comparable in size to modern smartphones. It offers merchants a wide range of solutions beyond traditional payments without having to invest in clunky POS machines. In addition, merchants can also download the Tap to Ulipe app from the Google Play store on their Near-Field-Communication (NFC) enabled smartphones to accept contactless payments.

iPay is one of the first digital payments platforms in the country to work closely with Visa on the rollout of Tap to Phone technology, putting the firm at the forefront of innovation in the digit payments industry.

Philip Nyamwaya, CEO of iPay said, “We're thrilled about the opportunities that Tap Ulipe brings to our valued merchant network. This innovative technology has the potential to unlock previously untapped revenue from customer transactions, giving them access to more money.”

With a focus on ease and security, Tap Ulipe aims to drive increased sales for iPay's merchants, marking a significant advancement in the small business payment landscape.

Serving more than 10,000 merchants across multiple sectors, iPay has been instrumental in driving the adoption of digital payments in the country for over 13 years. The move is part of iPay's long-term strategy to provide its merchants with the latest advancements in digital payment technology.

Eva Ngigi-Sarwari, Visa Kenya Country Manager highlighted the importance of the adoption of Tap to Phone technology as a solid growth strategy for small businesses across Kenya.

She remarked, "We believe that the partnership between iPay and Visa Kenya will be a game changer for merchants. With Tap to Phone technology, businesses can provide their customers with easy and secure contactless payments, giving them peace of mind and encouraging repeat purchases. It is a powerful tool that will elevate the way small businesses transact allowing them to thrive in the ever-changing digital landscape."

To stay ahead in the rapidly evolving world of digital payments and unlock the full potential of their business, merchants are encouraged to register interest by applying for the device on the iPay website to access Tap Ulipe technology which has numerous benefits including, Minimal settlement fees which allows for greater profitability, Faster settlement of daily transactions which increases access to cash.

The tech is simple to use with zero maintenance which enhances convenience in accepting multiple customer payment methods. It also has a Free fee for applicants who take up the MobiGo 2 device during phase one of the roll-out.

Merchants will also get access to credit from iPay’s finance partners as well as access to short term working capital as they run more transactions through iPay Tap to Phone device.

iPay’s CEO added, “Our collaboration with Visa Kenya marks an important milestone in the digital payment landscape and further solidifies our commitment to staying at the forefront of digital payment innovation.”





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