The integration with the Kenyan network M-Pesa has expanded the payment service capabilities of the iGaming fintech platform Xprizo.
Xprizo is a unified platform for merchants to handle all of their payment processing needs. Integrating your current system is a breeze with Xprizo because it supports all major payment processors.
M-Pesa is a mobile phone app that facilitates microfinancing, payments, and money transfers. Vodafone and Safaricom introduced M-Pesa in 2007, and it is now the biggest mobile network operator in Kenya.
Businesses will gain a vital tool for local operations and cross-border transactions will be made smooth thanks to this partnership, which the companies claim "aims to bridge critical gaps in the payment ecosystem."
As a result of the new cooperation, Xprizo users can now use M-Pesa to fund their Xprizo wallet or withdraw monies from it. From there, customers can access a range of services, such as using wallet-to-wallet functionality and making transactions in foreign e-commerce settings.
Companies have the option to incorporate the whole Xprizo wallet, which allows customers to fund their accounts with M-Pesa and other integrated options.
Customers can then use their Xprizo wallets to pay at any store that has signed up with Xprizo. Customers also have the option of using M-Pesa to pay for items directly on store websites.
M-Pesa has revolutionised people's approach to money management, according to Xprizo CEO Richard Mifsud. We are quite excited about the latest addition to the Xprizo payment aggregator, and our role is to help bring this revolution to corporate services and cross-border payments.
