Since the launch of M-Pesa by Safaricom in 2007 mobile money has taken over the African continent. In just a few years M-Pesa was adopted by millions of Kenyans, quickly outgrowing traditional banks. The success of M-Pesa didn’t go unnoticed. Nowadays nearly all operators have their own mobile payment system. Many banks and service providers have followed the example. The GSMA has identified 271 different mobile money platforms in 93 countries. While the benefits of mobile money, and the improvement of financial inclusion are clear, the myriad of systems poses a challenge for businesses willing to accept mobile payments. Especially online businesses operating different countries. The administrative hurdle is a barrier too big to overcome for most organizations.
Luckily there are some recent initiatives tackling this problem. Online payment gateways offer a single interface that allows business owners to accept mobile payments from a variety of operators.
DusuPay is a Ugandan payment gateway that covers mobile payments in Kenya, Uganda, Tanzania, Cameroon, Rwanda and has recently added Ghana to the list. Besides mobile wallets service also gives you access to credit card payments and bank transfers. If you as a business owner, you want to get started with DusuPay you definitely need to take a look at our marketplace. In a few minutes, you can activate the service in Accounteer and add a payment button to your invoices.
Flutterwave is founded by Iyinoluwa Aboyeji who is also one of the co-founders of Andela, an organization training expert developers across Africa. One of the major challenges faced at Andela was processing payments in different African countries. Iyinoluwa transformed frustration into opportunity by building a new digital payments structure accessible via APIs. The Flutterwave API allows businesses to accept and disburse payments from MasterCard, Visa, Verve, Mobile Money, ACH, cash tokens and e-wallets in different African countries.
When you’re looking for a convenient way to accept credit card payments in Nigeria, look no further. PayStack is your answer. PayStack is the second gateway Accounteer already integrated with. With just a few clicks you can activate the payment button on your e-invoices.
WeCashUp launched a just a few days ago, but offers great coverage right from the start. The service gives you access to mobile payments in 14 countries in West and Central Africa.