Kenyan payments provider Paynet has merged its PesaPoint agent network with that of Pep Intermedius, aimed at growing the PesaPoint brand and expanding its network. The expansion of the PesaPoint network will be taking place ahead of its new multi-institution agency model expected to be rolled out in partnership with mobile money providers and banks.
Paynet has signed a multi-million shilling deal with AITEC Africa towards facilitating the inviting of experts on online payments to the banking conference. The sponsorship will see various experts in the line of EMV chip technology, secure online payments and payment card industry data security standards (PCI DSS) into the conference to be held in
Payment solutions firm Paynet Group has announced an upgrade of its systems for issuing EMV chip cards, as Kenya moves towards the March 2014 deadline for switching to the new technology. Karimi Ithau, Paynet Group general manager, said the company has also invested in security standards in data centres to safeguard against rising cases of
TSYS announced that it supports Paynet, one of Kenya’s leading financial services providers to issuers and acquirers, in its ‘Great Migration to EMV Chip Card’ campaign. Founded in 2003 and headquartered in Nairobi, Kenya, Paynet has been a TSYS client since 2004. It licenses PRIME 4, the latest version of the TSYS licensed card and merchant management
MasterCard has signed a deal with regional card processor Paynet Group to partner in a local initiative geared towards encouraging the switch from magnetic strip to EMV cards. Dubbed “The Great Migration to EMV Chip,” the local initiative brings together various stakeholders in Kenya’s banking and payments technology sectors in an effort to hasten the switch
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