Airtel Mobile Commerce Uganda Limited (AMCUL) and Pesapal Uganda, a leading payment solutions provider across Africa, have announced a strategic partnership to offer more payment options to their customers. The partnership will enable acceptance of Airtel Money mobile payments at the Pesapal Sabi point-of-sale (POS) machines.
Pesapal has been innovating digital payment solutions since 2009, accommodating the changing times and the demands of its customers. The company is committed to offering a secure payment environment that complies with the highest safety standards while keeping the convenience, efficiency, and security of their customers in mind.
This partnership will allow Pesapal’s point-of-sale machine (Sabi POS) merchants to accept Airtel Money payments in addition to Visa and Mastercard. Mobile money has been touted as a revolutionary tool for expanding access to financial services in low-resource environments.
“At Airtel Money, we remain committed to continuous innovation to drive financial inclusion and uptake of digital financial services in general. In ensuring the delivery of our mandate from time to time, we implore strategic partnerships to further ensure that the customer benefits across all varying aspects. We are therefore proud of this partnership with PesaPal and equally look forward to a positive impact across our respective customers,” says Mr. Japhet Aritho, MD Airtel Mobile Commerce Uganda Limited.
Africa now accounts for 70% of the world’s $1 trillion mobile money value. The value of Africa’s mobile money transactions increased by 39% to $701.4 billion in 2021 from $495 billion in 2020, highlighting the future of African banking is mobile.
“Collaboration is very critical in the financial sector. We are glad to be working with Airtel Money as we transform our payments space and contribute to financial inclusion. With this, we will offer an improved customer value proposition where customers are able to make convenient mobile money transactions anytime and anywhere,” adds Ms. Rono, Country Manager Uganda at Pesapal.
Pesapal Uganda operates across the entire country, offering both online and in-store payment options. Currently, the Sabi POS machines are distributed across retail sectors, including hotels and restaurants, supermarkets, fuel stations, and tour operators to accelerate payment acceptance. Pesapal is committed to providing an integrated and advanced payment experience, ensuring it offers solutions that meet its customers’ day-to-day needs.