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EziPay partners with MFS Africa on last mile mobile banking across the continent

  • EziPay has announced a partnership with MFS Africa to assist with remittances and collections to and from mobile money wallets and bank accounts in Africa.
  • The partnership looks to offer more solutions as mobile money is said to be on the rise across the African continent.
  • It will see EziPay provide services to the 400 million-plus connected wallets that are part of the MFS Africa network.

Mobile payments across Africa have skyrocketed in recent years as a result of the millions of unbanked people on the continent, and the proliferation of smartphones in enabling connectivity and access to services.

It is perhaps no surprise then that EziPay has announced a partnership with MFS Africa aimed at tackling the last mile of connectivity in facilitating remittances and collections to and from mobile money wallets and bank accounts.

“The partnership comes at a time when mobile money is burgeoning at increasing rates on the continent, with businesses and individuals alike requiring solutions that allow them to transact across regions,” the two companies highlight in a press release sent to Hypertext.

“With EziPay and MFS Africa joining hands to solve cross-continent remittances to Africa from Asia, Europe, the UK and the USA, remittances for goods, services, school fees, medical transfers, business transfers, family maintenance allowances, and P2P transfers will be enabled. I firmly believe that with the MFS Africa partnership, our customers will have instant remittances to bank accounts and wallets across Africa for our ever-growing customer base,” adds Amit Gaur, co-founder and CEO of EziPay.

The digital wallet specialists have a presence in 14 African countries, with a current global user base of over 300 000. As for MFS Africa, its digital payments network connects over 400 million mobile money wallets, and over 200 million bank accounts.

“Partnering with EziPay, an organisation that is known for providing digital wallets for inward and outward remittance to MSMEs, SMEs and individuals across continents, made complete sense to further enable the interoperability we aim to achieve through our acquisitions and partnerships,” enthuses Dare Okoudjou, founder and CEO at MFS Africa.

“As Africa’s mobile money landscape continues to evolve, we hope that entrepreneurs will be able to take their businesses to the next level through partnerships like these. Ultimately, we hope that it will lead to not only a more connected Africa but also a more connected world,” he concludes.

[Image – Photo by Muhammad-taha Ibrahim on Unsplash]

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