FREE PLAN
Description
iPay was launched in February 2010.
Regulated by the Central Bank of Kenya, iPay is a reliable payment processing services provider that supports instant payment processing using mobile money, mobile banking, debit and credit cards, and Pesalink.
We are now also active in Tanzania and Uganda with our pan African expansion into Ethiopia, Rwanda, Malawi, Zambia, Nigeria and Togo underway. We are currently headquartered in Cybercity, Ebene, Mauritius.
The iPay system incorporates the ability to interface with M-PESA, Airtel Money mobile payments, mobile banking, Pesalink, the direct bank debit systems, as well as VISA, Mastercard, Union Pay acquiring solutions.
We are able to offer you multiple payment receipt options both online as well as within your business premises that are can be mixed and matched to suite your individual needs. With iPay, you can also effect bulk payment disbursements to your employees/suppliers and receive receipt settlements direct to your bank account. This allows you to track your payment reports for audit purposes.
Payment Methods
Payment Options
Accepted Business Sizes
Accepted Industries
Processing in
Integration Methods
FREE PLAN
Company Details
- Kenya
- 51-200
- Private
- iPay
- 2010
Additional Details
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RegulatedYes
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Processing currenciesKES, USD
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Settlement CurrenciesKES, USD
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Settlement Cycle1 days
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Setup feesN/A
Last updated
FAQ
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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