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Finserve Enters a Strategic Partnership with a UK-Based E-Commerce Platform

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TechInAfrica – A Kenyan Financial Technology startup, Finserve, has entered a partnership agreement with a UK-based e-commerce platform, goAfrica. The partnership allows Finserve to provide payment solutions for online buying and selling of products through goAfrica platform. In other words, Africa-based buyers will be able to purchase and pay for products located in multiple markets through a fast, secure and convenient process.

The transactions can be made via Finserve’s Jenga Payment Gateway which was launched in 2018. The Payment Gateway enables businessmen to receive e-commerce and m-commerce payments from a host of payment channels like American Express, Diners, JCB, MasterCard, Union Pay, and other card associations from 180 countries, mobile wallets from 7 countries in East and Central Africa, and from FinTech players; Alipay and WeChat.

Finserve’s Managing Director, Jack Ngare
Finserve’s Managing Director, Jack Ngare via kenyanwallstreet.com

goAfrica‘s General Manager, Boniface Munywoki, said: “Buyers and sellers can now settle transactions in a fast and secure process. The Jenga Payment Gateway has further taken away the challenges of multi-currency and cross-border settlements that are associated with online trade.”

Finserve’s Managing Director, Jack Ngare explained: “We have simplified integration for businesses with an online presence, be they large or small, allowing the companies to concentrate on their core business activities. Jenga Payment Gateway offers the widest payment options coupled with seamless integration, allowing customers to pay for goods using their preferred method, whether its debit or credit cards, mobile money or electronic wallets.”

Source: businesstoday.co.ke

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Written by Rinchi

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