Tech in Africa
Pan African payments company Cellulant is addressing the payment fragmentation issue in the Zambia economy by introducing Tingg, a digital payments platform that accepts seamless payments from its customers.
Several mobile payment avenues are available in the Zambia market as mobile phone operators battle it out for market share. This means retailers are forced to manage multiple payment experiences from different mobile money networks.
Payments through Tingg are simple and convenient for merchants to make purchase goods and services. Gilbert Lungu, the country manager of Cellulant Zambia notes that close to 50% of retail customers prefer to pay for their purchases through digital payment options. He went on to point out the challenge faced by merchants who are unable to support a customer’s preferred payment option and championing for the new innovation’s role in “ removing the dependency on cash and POS terminals.”
Cellulant has a presence in 18 African countries. Its payments platform connects thousands of businesses offering 154 payment options spread across 35 countries.
Source: APO Group on behalf of Cellulant.
