Pesapal, a Kenya-based payment service provider, has launched its mobile point-of-sale (mPOS) solution called Pesapal Sabi.
The new payment solution, which is currently available in Kenya, Uganda and Tanzania, allows businesses and individuals to process secure card payments in physical stores or via Android devices.
Sabi processes Visa and Mastercard debit and credit cards over Bluetooth connections via Sabi mPOS terminals offered by Pesapal.
Sabi terminals are portable and can conduct over 250 transactions in both local currencies and US dollars.
The mPOS terminals can process chip, pin as well as NFC contactless payments and business owners can view transaction histories and issue receipts for their payments via the Android Sabi app.
Also, the latest version of Sabi supports mVisa, M-PESA and American Express payments.
Pesapal CEO Agosta Liko said: “We exist to bolster financial and digital inclusion in the markets we are in. We offer businesses freedom to access services that they have traditionally had more difficulty getting, either due to their size or volumes.
“With Sabi we are doing this in the most accessible, affordable and mobile way available anywhere. Sabi is also our way of taking financial services to the informal sector, a segment that has previously been under served.”