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PayRetailers expands footprint in Africa with 8 new markets

By Gloria Methri

September 19, 2024

  • Africa
  • borderless payments
  • Burkina Faso
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PayRetailers, Financial Inclusion, Payment Processing, FinTech, AfricaPayRetailers, the payment processor for Latin America, has announced further expansion into Africa. With coverage now across 12 countries, the company offers a unified, simple payment solution that will be a game changer for cross-border online merchants looking for growth in Africa.

PayRetailers offers a simple, user-friendly, and scalable experience to businesses looking to expand their regional operations and give them access to major local payment methods like MPESA, Airtel, and MTN. The further expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa and Nigeria. Three months ago, PayRetailers launched in Rwanda, Zambia, Uganda, and Tanzania.

This expansion effort further bolsters PayRetailers’ ability to unlock new growth opportunities for its clients, giving them easy access to additional emerging markets. For existing clients, in fact, this process requires zero integration efforts, as it is all handled via the same API.

With many populations across Africa being underbanked, PayRetailers accelerates financial inclusion across the region by supporting businesses with their growth journey. The market is increasingly mobile and connected, with global companies seeking to tap into the substantial growth opportunities across Africa.

The expansion marks a significant milestone in PayRetailers’ ambitious growth plans, with further expansion planned into more African countries as well as Europe. Leveraging its extensive experience in Latin America, the company is well-equipped to address the unique needs of African consumers and businesses.

Jonathan Vintner, Global Head of Sales at PayRetailers, said, “Expanding into eight new markets marks a significant milestone for PayRetailers as we continue our mission to bring tailored payment solutions to diverse regions. Africa is a vibrant and varied continent, with payment preferences that differ from region to region. For example, our launch in Kenya enables merchants to access M-Pesa, the country’s leading mobile money provider, while in South Africa, we’re offering a blend of card and cash solutions to meet local demands. All of this is seamlessly integrated into our existing API, allowing merchants to access the top payment methods across Latin America and now Africa through a single connection—with more countries on the horizon”.

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