Airtel Mobile Commerce Uganda Limited (AMCUL) and Pesapal Uganda, have signed a partnership that will enable acceptance of Airtel Money mobile payments at the Pesapal Sabi point-of-sale (POS) machines.
Since its inception in 2009, Pesapal continues to innovate digital payment solutions to accommodate the changing times and the demands of its customers as reiterated by Emmy Rono, Country Manager Uganda.
She reassured that they are committed to innovating and offering a secure payment environment while complying with the highest safety standards. “In all we do, we think of the customer first. We think, convenience, efficiency, and security. Our business partners in retail, hospitality and other sectors, and individual customers will enjoy varied payment options that suit their needs without any limitations.”
This partnership will enable 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.
Mobile money has rapidly gained prominence with Africa now accounting for 70 percent of the world’s US$ 1 trillion mobile money value.
According to a report by GSMA, the value of Africa’s mobile money transactions edged up 39 percent to US$701.4 billion in 2021 from US$495 billion in 2020, highlighting the future of African banking is mobile.
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 – hotels and restaurants, supermarkets, fuel stations and tour operators to accelerate payment acceptance.